STOCK TITAN

Western Union (WU) CLO awarded 54,516 shares as company withholds stock for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Adams Benjamin Carlton

(Last) (First) (Middle)
7001 EAST BELLEVIEW AVENUE

(Street)
DENVER CO 80237

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Western Union CO [ WU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2026 A 54,516(1) A $0.0000 187,991 D
Common Stock 02/22/2026 F 6,558(2) D $9.27 181,433 D
Common Stock 02/22/2026 F 28,417(3) D $9.27 153,016 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. 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.
Lisa A. Atkins, As Attorney-in-Fact 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Western Union (WU) report for Benjamin Carlton Adams?

Western Union reported that Chief Legal Officer Benjamin Carlton Adams received 54,516 shares of common stock from performance-based restricted stock units, and had 6,558 and 28,417 shares withheld to satisfy tax obligations related to vesting awards, leaving him with 153,016 directly held shares.

Was the Western Union (WU) Form 4 a stock sale by Benjamin Carlton Adams?

The Form 4 does not show open-market sales. It records a stock grant of 54,516 shares and two tax-withholding dispositions of 6,558 and 28,417 shares, where shares were withheld by Western Union to cover Adams’ tax liabilities from vesting restricted stock units.

How many Western Union (WU) shares does Benjamin Carlton Adams hold after these transactions?

After the reported transactions, Chief Legal Officer Benjamin Carlton Adams directly holds 153,016 Western Union common shares. This figure reflects the 54,516-share grant from performance-based restricted stock units and the subsequent tax-withholding dispositions reported in the Form 4 filing.

What price was used for the tax-withholding share dispositions in Western Union’s Form 4?

The tax-withholding dispositions used a price of $9.27 per Western Union share. A total of 6,558 and 28,417 shares were withheld at this price to satisfy Benjamin Carlton Adams’ tax obligations arising from the vesting and settlement of restricted stock unit awards.

What awards led to the share grant reported for Western Union (WU) insider Benjamin Carlton Adams?

The 54,516-share grant resulted from settlement of performance-based restricted stock unit awards granted on February 22, 2023. The final amount reflected a performance factor and certification of performance results by Western Union’s Board, as described in the Form 4 footnotes.

Why did Western Union (WU) withhold shares from Benjamin Carlton Adams in the Form 4?

Western Union withheld 6,558 and 28,417 shares to satisfy Benjamin Carlton Adams’ tax withholding obligations tied to the vesting and settlement of restricted stock units and performance-based restricted stock units granted on February 22, 2023, instead of requiring separate cash payment for those taxes.
Western Union

NYSE:WU

WU Rankings

WU Latest News

WU Latest SEC Filings

WU Stock Data

2.93B
316.27M
Credit Services
Services-business Services, Nec
Link
United States
DENVER