Western Union (NYSE: WU) CFO awarded major option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Cagwin Matthew reported acquisition or exercise transactions in this Form 4 filing.
Western Union CO Chief Financial Officer Matthew Cagwin received new equity awards as part of his compensation. On March 2, 2026, he was granted an option to buy 451,924 shares of common stock at $9.56 per share, expiring on March 2, 2036, vesting in four equal installments from March 2, 2027 through March 2, 2030.
He also received 153,635 restricted stock units that vest in three equal installments on March 2, 2027, 2028, and 2029, and 92,181 performance-based restricted stock units that vest in full on March 2, 2029, all subject to continued employment and award agreement terms. After these grants, he directly holds 493,427.361 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Cagwin Matthew
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 451,924 | $0.00 | -- |
| Grant/Award | Common Stock | 153,635 | $0.00 | -- |
| Grant/Award | Common Stock | 92,181 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 451,924 shares (Direct);
Common Stock — 401,246.361 shares (Direct)
Footnotes (1)
- Represents a grant of performance-based restricted stock unit awards which vests in full on March 2, 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement. Represents a restricted stock unit award which vests in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement. This option vests in four substantially equal installments on March 2, 2027, 2028, 2029, and 2030, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
FAQ
What equity awards did Western Union (WU) CFO Matthew Cagwin receive?
Matthew Cagwin received a stock option for 451,924 shares at $9.56 per share, 153,635 time-based restricted stock units, and 92,181 performance-based restricted stock units, all granted on March 2, 2026 as part of his compensation.
How do the new stock options for Western Union CFO Matthew Cagwin vest?
The option to buy 451,924 Western Union shares vests in four substantially equal installments on March 2, 2027, 2028, 2029, and 2030, subject to Cagwin’s continued employment and the termination provisions in the applicable award agreement.
When do Matthew Cagwin’s restricted stock units in Western Union (WU) vest?
The 153,635 restricted stock units vest in three substantially equal installments on March 2, 2027, 2028, and 2029, while the 92,181 performance-based restricted stock units vest in full on March 2, 2029, contingent on continued employment and award terms.
What is the exercise price and expiration date of Matthew Cagwin’s Western Union stock options?
The employee stock option granted to Matthew Cagwin has an exercise price of $9.56 per share and expires on March 2, 2036, giving him a long-dated right to purchase Western Union common stock if vesting conditions are satisfied.
Are Matthew Cagwin’s Western Union equity awards tied to continued employment?
Yes. The performance-based restricted stock units, time-based restricted stock units, and stock options all vest only if Cagwin remains employed with Western Union, and are also subject to termination provisions described in the respective award agreements.