Western Union CLO Benjamin Adams plans 2026 retirement

The Western Union Company reports that Benjamin Adams, Executive Vice President and Chief Legal Officer, has elected to participate in its Voluntary Retirement Program and will depart his role effective November 2, 2026.

Rhea-AI Filing Summary

The Western Union Company reports that Benjamin Adams, Executive Vice President and Chief Legal Officer, has elected to participate in its Voluntary Retirement Program and will depart his role effective November 2, 2026. Until then, he will continue overseeing legal, privacy, public policy and enterprise risk and assist with transitioning his responsibilities to a successor.

The Voluntary Retirement Program, approved in 2026, applies to certain eligible U.S.-based employees. Employees may elect to retire if, on or before December 31, 2027, they are at least 50 years old, have at least five years of service, and their age plus years of service equals at least 60. After a three-month notice period and execution and non‑revocation of a release of claims, participants receive six months of base salary, a prorated 2026 target annual incentive award, and continued vesting of outstanding equity awards under the company’s 2015 and 2024 Long‑Term Incentive Plans.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Retirement effective date: November 2, 2026 Program eligibility deadline: December 31, 2027 Minimum age for eligibility: 50 years +4 more

7 metrics

Retirement effective date November 2, 2026 Effective date of Benjamin Adams’ departure as EVP and Chief Legal Officer

Program eligibility deadline December 31, 2027 Date by which employees must meet age and service criteria for the Voluntary Retirement Program

Minimum age for eligibility 50 years Minimum age requirement for U.S.-based employees to participate in the Voluntary Retirement Program

Minimum service for eligibility 5 years Minimum completed years of service required for the Voluntary Retirement Program

Age plus service threshold 60 years Combined age and years of service required for Voluntary Retirement Program eligibility

Notice period 3 months Required notice period before retirement benefits are provided under the program

Severance base salary 6 months Length of base salary continuation provided to program participants

Key Terms

Voluntary Retirement Program, prorated 2026 target annual incentive award, continued vesting of outstanding equity awards, release of claims, +1 more

5 terms

Voluntary Retirement Program financial

"elected to participate in, and will be entitled to retirement benefits in accordance with, a Voluntary Retirement Program"

prorated 2026 target annual incentive award financial

"such employees will receive: (i) six months of base salary; (ii) a prorated 2026 target annual incentive award"

continued vesting of outstanding equity awards financial

"and (iii) continued vesting of outstanding equity awards in accordance with the applicable award agreements"

release of claims regulatory

"Following a three-month notice period and the execution and non-revocation of a release of claims in favor of the Company"

Long-Term Incentive Plan financial

"under The Western Union Company 2024 Long-Term Incentive Plan and The Western Union Company 2015 Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

FAQ

What executive leadership change did Western Union (WU) disclose?

Western Union disclosed that Benjamin Adams, Executive Vice President and Chief Legal Officer, elected to participate in its Voluntary Retirement Program and will leave his role effective November 2, 2026, while assisting with the transition of his responsibilities.

When will Benjamin Adams’ retirement from Western Union (WU) be effective?

Benjamin Adams’ retirement from Western Union will be effective on November 2, 2026. Until that date, he will continue to serve as Executive Vice President and Chief Legal Officer and help transition his duties to a successor.

What is Western Union’s (WU) Voluntary Retirement Program eligibility criteria?

Western Union’s Voluntary Retirement Program covers certain U.S.-based employees who, by December 31, 2027, are at least 50 years old, have at least five years of service, and have a combined age and service of at least 60 years.

What benefits does Western Union’s (WU) Voluntary Retirement Program provide?

Eligible participants receive six months of base salary, a prorated 2026 target annual incentive award, and continued vesting of outstanding equity awards, subject to program conditions including a three‑month notice period and a release of claims.

Which incentive plans are affected by continued vesting for Western Union (WU) retirees?

Continued vesting applies to outstanding equity awards under The Western Union Company 2024 Long-Term Incentive Plan and The Western Union Company 2015 Long-Term Incentive Plan, in accordance with the applicable award agreements.

What conditions must Western Union (WU) employees meet to receive retirement benefits?

Employees must satisfy age and service thresholds by December 31, 2027, provide a three‑month notice, and execute and not revoke a release of claims in favor of Western Union to receive the Voluntary Retirement Program benefits.

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Available on EDGAR 07/23/2026 - 04:35 PM Accepted by SEC EDGAR 07/23/2026 - 04:34 PM Learn about SEC filing dates

Western Union CO false 0001365135 0001365135 2026-07-20 2026-07-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 20, 2026

THE WESTERN UNION COMPANY

(Exact name of registrant as specified in its charter)

Delaware		001-32903		20-4531180
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

7001 East Belleview Avenue
Denver, CO		80237
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 866 405-5012

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 Par Value		WU		The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On July 20, 2026, Benjamin Adams notified The Western Union Company (the “Company”) of his intention to elect to participate in the Company’s Voluntary Retirement Program (as defined below) and depart from his position as Executive Vice President, Chief Legal Officer, effective November 2, 2026. During this notice period, Mr. Adams will continue to serve in his current role overseeing the legal, privacy, public policy and enterprise risk functions and assist the Company with the transition of his duties until his successor is appointed.

(e) In connection with his retirement, Mr. Adams has elected to participate in, and will be entitled to retirement benefits in accordance with, a Voluntary Retirement Program that was approved by the Compensation and Benefits Committee of the Board of Directors of the Company in 2026, which is applicable to certain eligible U.S.-based employees across the Company (the “Voluntary Retirement Program”). Under the Voluntary Retirement Program, eligible U.S.-based employees may elect to retire if, on or before December 31, 2027, they are at least 50 years of age, have completed at least five years of service, and have a combined age and years of service equal to at least 60 years. Following a three-month notice period and the execution and non-revocation of a release of claims in favor of the Company, such employees will receive: (i) six months of base salary; (ii) a prorated 2026 target annual incentive award; and (iii) continued vesting of outstanding equity awards in accordance with the applicable award agreements under The Western Union Company 2024 Long-Term Incentive Plan and The Western Union Company 2015 Long-Term Incentive Plan.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are filed with this Current Report on Form 8-K:

Exhibit Number		Description of Exhibit
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 23, 2026				THE WESTERN UNION COMPANY
				By:		/s/ Benjamin Adams
				Name:		Benjamin Adams
				Title:		Executive Vice President and Chief Legal Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 16.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 10.6 KB