Unum Group (UNM) EVP Elizabeth Ahmed sells 12,000 shares, holds 42,587
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unum Group executive Elizabeth Claire Ahmed reported an open-market sale of company stock. On this Form 4, she sold 12,000 shares of Unum Group common stock at a price of $80.14 per share. After the sale, she directly owns a total of 42,587 share-linked interests, including 27,687 shares of common stock and 14,900 restricted stock units, which each convert into one share of common stock. The filing also notes that her beneficial ownership reflects an exempt acquisition of 22.821 shares through the company’s employee stock purchase plan since her prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,000 shares ($961,680)
Net Sell
1 txn
Insider
Ahmed Elizabeth Claire
Role
EVP, People & Communications
Sold
12,000 shs ($962K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $80.14 | $962K |
Holdings After Transaction:
Common Stock — 42,587 shares (Direct, null)
Footnotes (1)
- Includes 14,900 restricted stock units and 27,687 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. Beneficial ownership amount accounts for the exempt acquisition of 22.821 shares of common stock under the issuer's employee stock purchase plan since the date of the reporting person's prior Form 4.
Key Figures
Shares sold: 12,000 shares
Sale price: $80.14 per share
Holdings after transaction: 42,587 share-linked interests
+3 more
6 metrics
Shares sold
12,000 shares
Open-market sale of Unum Group common stock
Sale price
$80.14 per share
Price received in the reported transaction
Holdings after transaction
42,587 share-linked interests
Direct holdings following the sale
Common shares held
27,687 shares
Portion of post-transaction holdings in common stock
Restricted stock units
14,900 RSUs
Stock-settled RSUs, 1-for-1 into common stock
ESPP acquisition
22.821 shares
Exempt acquisition under employee stock purchase plan
Key Terms
restricted stock units, stock-settled RSUs, open-market sale, employee stock purchase plan
4 terms
restricted stock units financial
"Includes 14,900 restricted stock units and 27,687 shares of common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock-settled RSUs financial
"All restricted stock units ("stock-settled RSUs") may be settled, on a 1-for-1 basis, only in shares of common stock."
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
employee stock purchase plan financial
"Beneficial ownership amount accounts for the exempt acquisition of 22.821 shares of common stock under the issuer's employee stock purchase plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
What insider transaction did Unum Group (UNM) report for Elizabeth Claire Ahmed?
Unum Group reported that EVP Elizabeth Claire Ahmed sold 12,000 shares of common stock in an open-market transaction at $80.14 per share. This Form 4 reflects a routine insider sale and updates her remaining share and restricted stock unit holdings.
Does the Unum Group (UNM) filing mention restricted stock units for Elizabeth Claire Ahmed?
Yes. The filing states that Elizabeth Claire Ahmed holds 14,900 restricted stock units. These stock-settled RSUs may be settled only in Unum Group common stock on a one-for-one basis, meaning each unit converts into a single share when it vests or is settled.
What is Elizabeth Claire Ahmed’s role at Unum Group (UNM) in this Form 4?
In the Form 4, Elizabeth Claire Ahmed is identified as an officer of Unum Group, serving as Executive Vice President, People & Communications. The reported open-market sale reflects her personal trading activity in the company’s common stock as an executive.