Western Union Form 4: COO disposes of 8,578 WU shares at $8.74
Rhea-AI Filing Summary
Insider sale reported by The Western Union Company (WU) - Benjamin Scott Hawksworth, listed as Chief Operating Officer, reported a sale of 8,578 shares of WU common stock on 09/08/2025 at a reported price of $8.74 per share, leaving him with 139,233 shares beneficially owned after the transaction. The Form 4 was signed by an attorney-in-fact on 09/10/2025. No derivative transactions or additional explanatory details were provided in the filing.
Positive
- None.
Negative
- Insider sale reported: Chief Operating Officer sold 8,578 shares at $8.74, reducing holdings to 139,233 shares.
Insights
TL;DR Insider sale of 8,578 shares by the COO, reducing holdings to 139,233 shares; transaction appears routine.
The sale is clearly documented: 8,578 shares disposed at $8.74 on 09/08/2025, with 139,233 shares remaining beneficially owned. The disclosure provides no commentary on the reason for the sale, no related derivative activity, and no evidence in the filing of a Rule 10b5-1 plan. Given the size of the sale relative to the post-transaction holding (under 10% reduction), this appears to be a routine insider liquidity event rather than a material corporate development.
TL;DR Proper Form 4 filing shows timely disclosure; absence of explanatory note limits governance insights.
The report was filed by one reporting person and signed by an attorney-in-fact, indicating compliance with filing formalities. The form does not indicate the transaction was made under a pre-established trading plan nor provide a narrative explanation, so governance implications are limited to the documented sale itself. No derivative holdings or other changes in beneficial ownership are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,578 | $8.74 | $75K |