Director at Western Union (NYSE: WU) receives 20,921-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cole Martin I reported acquisition or exercise transactions in this Form 4 filing.
Western Union director Martin I. Cole reported receiving a grant of 20,921 shares of Western Union common stock as a restricted stock unit award. The award was granted at no cash cost per share and will vest in full on March 2, 2027, if he continues serving on the board. After this award, his directly owned stake increased to 120,018 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cole Martin I
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,921 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 120,018 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Western Union (WU) director Martin I. Cole report?
Martin I. Cole reported an acquisition of 20,921 shares of Western Union common stock via a restricted stock unit award. This award was granted at $0.00 per share, increasing his directly held stake to 120,018 shares after the transaction.
Was the Western Union (WU) stock grant to Martin I. Cole a purchase or an award?
The transaction was an award, not an open-market purchase. Cole received 20,921 shares as a restricted stock unit grant, coded as a grant or other acquisition, with no cash price per share reported for this Form 4 transaction.
When do Martin I. Cole’s restricted stock units in Western Union (WU) vest?
The restricted stock unit award vests in full on March 2, 2027. Vesting is subject to Cole’s continued service on Western Union’s board and any applicable termination provisions specified in the governing award agreement for these units.
What conditions apply to Martin I. Cole’s Western Union (WU) restricted stock unit award?
The restricted stock unit award vests only if Cole continues serving on Western Union’s board through March 2, 2027. It is also subject to any termination provisions in the award agreement, which can affect vesting or forfeiture outcomes.