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Western Union (WU) risk chief receives 69,562-share equity grants

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(Neutral)
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Form Type
4/A

Rhea-AI Filing Summary

Western Union CO Chief Enterprise Risk Officer Cherie Axelrod received equity awards in the form of common stock. She acquired 41,737 shares and 27,825 shares at a price of $0.00 per share as compensation, not through open‑market purchases.

The 41,737-share grant is a performance-based restricted stock unit award that vests in full on March 2, 2029, subject to continued employment and award terms. The 27,825-share restricted stock unit award vests in three equal installments on March 2, 2027, 2028, and 2029. Following these grants, she directly holds 179,401 shares.

Positive

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Negative

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Insider Axelrod Cherie
Role Chief Enterprise Risk Officer
Type Security Shares Price Value
Grant/Award Common Stock 41,737 $0.00 --
Grant/Award Common Stock 27,825 $0.00 --
Holdings After Transaction: Common Stock — 151,576 shares (Direct)
Footnotes (1)
  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.
Form 4 Insider Transactions: What Each Field Means →
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Axelrod Cherie
(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 Enterprise Risk 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 41,737(1) A $0.0000 151,576 D
Common Stock 03/02/2026 A 27,825(2) A $0.0000 179,401 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
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.
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 overreported 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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Western Union (WU) disclose about Cherie Axelrod in this Form 4/A?

Western Union disclosed that Chief Enterprise Risk Officer Cherie Axelrod received two equity compensation grants in common stock, totaling 69,562 shares. These grants are structured as restricted stock unit awards with multi-year vesting schedules tied to continued employment and other award agreement conditions.

How many Western Union (WU) shares did Cherie Axelrod acquire in this filing?

Cherie Axelrod acquired 41,737 shares and 27,825 shares of Western Union common stock, for a total of 69,562 shares. Both grants were recorded at a price of $0.00 per share because they are compensation awards, not market purchases, and increase her direct equity stake.

What are the vesting terms of Cherie Axelrod’s Western Union (WU) performance-based RSUs?

The performance-based restricted stock unit award of 41,737 shares vests in full on March 2, 2029. Vesting is conditioned on Cherie Axelrod’s continued employment with Western Union and any applicable termination provisions specified in the governing award agreement.

When do Cherie Axelrod’s time-based Western Union (WU) RSUs vest?

The 27,825-share restricted stock unit award vests in three substantially equal installments on March 2, 2027, March 2, 2028, and March 2, 2029. Each installment requires her continued employment and is also subject to termination provisions in the award agreement.

How many Western Union (WU) shares does Cherie Axelrod own after these grants?

After these equity compensation grants, Cherie Axelrod directly holds 179,401 shares of Western Union common stock. This figure reflects her position as reported following the second grant, providing context for the scale of these awards within her overall direct holdings.

Were Cherie Axelrod’s Western Union (WU) stock transactions open-market buys or compensation awards?

The transactions were compensation awards, not open-market purchases. Both entries are coded as grants or awards with a transaction price of $0.00 per share, indicating restricted stock unit grants provided by Western Union as part of her executive compensation package.