Western Union CLO has shares withheld for taxes
Western Union's Chief Legal Officer, Benjamin Carlton Adams, reported a Form 4 transaction involving a tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Western Union's Chief Legal Officer, Benjamin Carlton Adams, reported a Form 4 transaction involving a tax-related share disposition. On the transaction date, 4,214 shares of common stock at an indicated price of $9.53 per share were withheld by the company to satisfy tax withholding obligations from the vesting of 8,281 restricted stock units. After this tax-withholding disposition, Adams directly owned 143,733 shares of Western Union common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,214 | $9.53 | $40K |
Footnotes (1)
- F1. Represents shares withheld by the Company to satisfy tax withholding obligations of the reporting person that arose in connection with the vesting and settlement of 8,281 restricted stock units, representing the second vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 26, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Western Union (WU) report for its Chief Legal Officer?
What triggered the tax-withholding disposition in Western Union (WU)'s Form 4 filing?
What does transaction code "F" mean in Western Union (WU)'s Form 4?
Is the Western Union (WU) insider transaction categorized as a disposal or acquisition?
AI-generated analysis. How Rhea-AI works. Not financial advice.