Western Union (NYSE: WU) officer sells 6,000 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Union CO executive Giovanni Angelini sold 6,000 shares of common stock in an open-market transaction at $9.475 per share. According to the filing footnote, the shares were sold to cover additional tax withholding obligations from equity vestings that occurred in February 2026. After this sale, he continues to hold 311,292 shares of Western Union common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,000 shares ($56,850)
Net Sell
1 txn
Insider
Angelini Giovanni
Role
President Europe, Africa, MEPA
Sold
6,000 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $9.475 | $57K |
Holdings After Transaction:
Common Stock — 311,292 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 6,000 shares
Sale price per share: $9.475 per share
Shares held after transaction: 311,292 shares
3 metrics
Shares sold
6,000 shares
Open-market sale on April 28, 2026
Sale price per share
$9.475 per share
Average sale price for the 6,000 shares
Shares held after transaction
311,292 shares
Direct holdings following the April 28, 2026 sale
Key Terms
open-market sale, tax withholding obligations, equity vestings
3 terms
open-market sale financial
"The sale was an open-market transaction at $9.475 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax withholding obligations financial
"sold to cover additional tax withholding obligations from the equity vestings"
equity vestings financial
"tax withholding obligations from the equity vestings that occurred in February 2026"
FAQ
What insider transaction did Western Union (WU) report for Giovanni Angelini?
Western Union reported that Giovanni Angelini sold 6,000 shares of common stock. The sale was an open-market transaction at $9.475 per share and was undertaken to cover additional tax withholding obligations from equity vestings in February 2026.
What role does Giovanni Angelini hold at Western Union (WU)?
Giovanni Angelini is identified as an officer of Western Union, serving as President Europe, Africa, MEPA. This senior leadership role is disclosed in the Form 4 filing, which details his equity transaction and resulting direct holdings in the company’s common stock.