Western Union (NYSE: WU) CFO awarded major option and RSU grants

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cagwin Matthew

(Last) (First) (Middle)

7001 EAST BELLEVIEW AVENUE

(Street)

DENVER CO 80237

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Western Union CO [ WU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		153,635(1)	A	$0.0000	401,246.361	D
Common Stock	03/02/2026		A		92,181(2)	A	$0.0000	493,427.361	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$9.56	03/02/2026		A		451,924		(3)	03/02/2036	Common Stock	451,924	$0.0000	451,924	D

Explanation of Responses:

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.

2. 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.

3. 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.

Remarks:

This amendment to Form 4 is being filed solely to correct the number of restricted stock unit awards reported as acquired by the reporting person in the Form 4 filed on March 4, 2026, which number was inadvertently underreported due to a clerical error.

	Benjamin C. Adams, As Attorney-in-Fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

How many Western Union (WU) shares does Matthew Cagwin own after these grants?

Following the March 2, 2026 equity awards, Matthew Cagwin directly holds 493,427.361 shares of Western Union common stock, reflecting his updated ownership position after receiving the new restricted stock unit grants reported in the filing.

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.