[Form 4] Unum Group Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unum Group executive Timothy Gerald reported a tax-related share withholding, not an open-market sale. On the vesting of 5,658 stock success units, 2,227 common shares were withheld at $71.64 per share to cover tax obligations. After this transaction, he directly holds 54,632 Unum shares, which the footnotes state include 14,841 restricted stock units and 39,791 common shares, and indirectly holds 783.669 shares through a 401(k) plan. Footnotes also note exempt acquisitions of 18.212 shares under the employee stock purchase plan since his prior filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Arnold Timothy Gerald
Role
EVP, VB & President, Colonial
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,227 | $71.64 | $160K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,632 shares (Direct);
Common Stock — 783.669 shares (Indirect, By 401(k) plan)
Footnotes (1)
- Shares withheld to satisfy tax withholding obligation applicable to the vesting of 5,658 stock success units ("SSUs"), representing the third and final vesting tranche, or approximately one-third, of the SSUs originally granted on August 20, 2020, and the certification of the achievement of the performance metrics for the performance period from January 1, 2021 to December 31, 2025. SSUs could be settled, on a 1-for-1 basis, only in shares of common stock. Beneficial ownership amount accounts for the exempt acquisitions of an aggregate of 18.212 shares of common stock under the issuer's employee stock purchase plan since the date of the reporting person's prior Form 4. Includes 14,841 restricted stock units and 39,791 shares of common stock. All restricted stock units ("stock-settled RSUs") may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.