WU Insider Filing: 28,802-Share RSU Award to Chief Accounting Officer

Rhea-AI Filing Summary

On 07/08/2025, Western Union (WU) filed a Form 4 reporting that Chief Accounting Officer Barry D. Cooper received 28,802 restricted stock units (RSUs) at no cost. The award, recorded with transaction code “A,” vests in full on the third anniversary of the grant date. After the grant, Cooper directly owns 28,802 shares of WU common stock. No open-market purchases, sales, or derivative transactions were disclosed, indicating this is a standard element of executive compensation rather than a market-moving trade.

The filing modestly increases insider equity alignment but has no material impact on share count, cash flow, or near-term valuation.

Insights

Financial Analyst

TL;DR: Small RSU grant to CAO; neutral on valuation and liquidity.

The 28,802-share award represents an immaterial fraction of Western Union’s total shares outstanding (well under 0.01%). Because no cash changed hands and no shares were sold, the transaction neither signals insider bullishness nor places selling pressure on the stock. It is a routine retention incentive common in executive pay structures. From a cash-flow and dilution standpoint, the impact is negligible; therefore, the disclosure is not expected to affect consensus estimates or target prices.

Corporate Governance Specialist

TL;DR: Standard equity compensation; aligns CAO interests with shareholders.

Granting time-based RSUs that fully vest after three years encourages long-term decision-making and aligns the Chief Accounting Officer’s interests with equity performance. The lack of performance conditions means alignment is moderate rather than strong, but the multi-year vesting horizon still incentivizes retention. There are no red flags regarding option backdating, accelerated vesting, or unusual plan terms. Overall, the filing is corporate-governance neutral.

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
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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^*

Cooper Barry D.

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2025

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

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	07/08/2025		A		28,802(1)	A	$0.0000	28,802	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. Restricted Stock Unit award that vests in full on the third anniversary of the date of grant.

	Benjamin C. Adams, As Attorney-in-Fact	07/09/2025
	** 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.

FAQ

What did Western Union (WU) disclose in the latest Form 4?

The company reported a grant of 28,802 RSUs to Chief Accounting Officer Barry D. Cooper on 07/08/2025.

How many Western Union shares does Barry D. Cooper now hold?

Following the grant, Cooper directly owns 28,802 shares of WU common stock.

When will the newly granted RSUs to the CAO vest?

The restricted stock units vest in full three years after the 07/08/2025 grant date.

Were any shares sold or purchased on the open market?

No. The filing shows only an award of RSUs; there were no open-market sales or purchases.