Western Union (WU) CEO has 22,055 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Union CEO & President Devin McGranahan reported a tax-related share disposition. On February 26, 2026, 22,055 shares of Western Union common stock were withheld at $9.53 per share to satisfy tax obligations tied to vesting restricted stock units.
The footnote explains these shares were withheld by the company in connection with the vesting and settlement of 49,479 restricted stock units, representing the second vesting installment of an award granted on February 26, 2024. After this transaction, McGranahan directly owns 1,066,729 Western Union shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGranahan Devin
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 22,055 | $9.53 | $210K |
Holdings After Transaction:
Common Stock — 1,066,729 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Western Union (WU) report for Devin McGranahan?
Western Union reported that CEO Devin McGranahan had 22,055 common shares withheld to cover tax obligations. The withholding was tied to the vesting and settlement of 49,479 restricted stock units from a prior equity award granted in February 2024.
Was the Western Union (WU) CEO’s Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Western Union to satisfy McGranahan’s tax obligations arising from the vesting of 49,479 restricted stock units granted in February 2024.
What equity award triggered the Western Union (WU) CEO’s tax-withholding event?
The event arose from the second vesting installment of 49,479 restricted stock units. These restricted stock units were granted to Devin McGranahan by Western Union on February 26, 2024, and their vesting created the associated tax obligation.