Western Union (WU) executive has 1,589 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Union CO executive reports tax-related share disposition. Giovanni Angelini, President Europe, Africa, MEPA, had 1,589 shares of common stock valued at $9.36 per share withheld by the company to cover tax obligations from the vesting of 10,808 restricted stock units. After this tax-withholding disposition, he holds 213,838 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Angelini Giovanni
Role
President Europe, Africa, MEPA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,589 | $9.36 | $15K |
Holdings After Transaction:
Common Stock — 213,838 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Western Union (WU) report for Giovanni Angelini?
Western Union reported a tax-withholding disposition for executive Giovanni Angelini. The company withheld 1,589 common shares to satisfy taxes due when 10,808 restricted stock units vested and settled, rather than an open-market sale by the executive.
Does the Western Union (WU) Form 4 show an open-market sale by Giovanni Angelini?
No, the Form 4 describes a tax-withholding transaction, not an open-market sale. Shares were withheld by Western Union to pay taxes when Angelini’s restricted stock units vested, a common administrative mechanism for equity compensation.
What equity award triggered the tax-withholding in Western Union (WU) Form 4?
The tax-withholding stems from the vesting and settlement of 10,808 restricted stock units. These units represent the first vesting installment of a restricted stock unit award granted to Giovanni Angelini by Western Union on February 24, 2025.
What does transaction code F mean in the Western Union (WU) insider filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Western Union withheld 1,589 shares from Giovanni Angelini to satisfy tax obligations when his restricted stock units vested and settled.