Western Union CLO gets 54,516-share award, tax withheld
Western Union’s Chief Legal Officer Benjamin Carlton Adams received 54,516 shares of common stock through the settlement of performance-based restricted stock units granted in 2023.
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Rhea-AI Filing Summary
Western Union’s Chief Legal Officer Benjamin Carlton Adams received 54,516 shares of common stock through the settlement of performance-based restricted stock units granted in 2023. To cover tax withholding obligations tied to this and another vesting award, the Company withheld 6,558 and 28,417 shares at $9.27 per share. After these grant and tax-withholding dispositions, Adams directly holds 153,016 Western Union shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54,516 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,558 | $9.27 | $61K |
| Exercise Price or Tax Liability | Common Stock | 28,417 | $9.27 | $263K |
Footnotes (3)
- F1. Shares acquired upon the settlement of performance-based restricted stock unit awards granted by the Company to the reporting person on February 22, 2023, based on the performance factor applied in accordance with the terms of the award and certification of performance results by the Board.
- F2. 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 12,888 restricted stock units, representing the final vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 22, 2023.
- F3. 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 54,516 performance-based restricted stock units granted by the Company to the reporting person on February 22, 2023 and reported herein.
FAQ
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What insider transactions did Western Union (WU) report for Benjamin Carlton Adams?
Was the Western Union (WU) Form 4 a stock sale by Benjamin Carlton Adams?
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