Director at Unum Group (NYSE: UNM) sells 9,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unum Group director Cynthia Egan sold 9,000 shares of common stock in an open-market transaction at a weighted average price of $73.0035 per share, with individual sale prices ranging from $73.000 to $73.035.
After this sale, she reported ownership of 42,846 shares, consisting of 2,198 restricted stock units (RSUs) and 40,648 shares of common stock. The RSUs are each settleable on a 1-for-1 basis in shares of common stock. The filing notes that the beneficial ownership figure reflects delivery of common shares upon settlement of 3,342 RSUs since her prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,000 shares ($657,032)
Net Sell
1 txn
Insider
Egan Cynthia
Role
Director
Sold
9,000 shs ($657K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,000 | $73.0035 | $657K |
Holdings After Transaction:
Common Stock — 42,846 shares (Direct)
Footnotes (1)
- Reflects the weighted average price for multiple sale transactions ranging in price from $73.000 per share to $73.035 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Includes 2,198 restricted stock units ("RSUs") and 40,648 shares of common stock. All 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 delivery of shares of common stock upon the settlement of 3,342 RSUs since the date of the reporting person's prior Form 4.
FAQ
What insider transaction did Cynthia Egan report at Unum Group (UNM)?
Cynthia Egan reported selling 9,000 shares of Unum Group common stock in an open-market transaction. The sale was executed at a weighted average price of $73.0035 per share, with individual sale prices between $73.000 and $73.035 per share.
What are the restricted stock units (RSUs) reported by Cynthia Egan at Unum Group (UNM)?
Cynthia Egan’s holdings include 2,198 restricted stock units in addition to common shares. The filing explains that all RSUs may be settled on a 1-for-1 basis in Unum Group common stock, and fractional amounts were rounded to the nearest whole number.
How have Cynthia Egan’s RSUs at Unum Group (UNM) affected her reported ownership?
The filing notes that beneficial ownership reflects delivery of common shares from 3,342 settled RSUs since her prior Form 4. This means some RSUs previously converted into Unum Group common stock and are now included in her reported share ownership.
Is Cynthia Egan’s Unum Group (UNM) transaction classified as a buy or a sell?
The transaction is classified as a sale of common stock. It is coded “S” and described as an open-market sale, with 9,000 shares sold. Following this transaction, her remaining direct beneficial ownership is reported at 42,846 Unum Group shares.