Western Union (WU) CLO has 5,069 shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Union CO Chief Legal Officer Benjamin Carlton Adams reported a tax-related share disposition. On the filing date, 5,069 shares of common stock were withheld by the company at a price of $9.36 per share to cover his tax obligations.
This withholding occurred in connection with the vesting and settlement of 9,962 restricted stock units from an award originally granted on February 24, 2025. After this transaction, Adams directly owned 147,947 shares of Western Union common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adams Benjamin Carlton
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,069 | $9.36 | $47K |
Holdings After Transaction:
Common Stock — 147,947 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Western Union (WU) disclose for Benjamin Carlton Adams?
Western Union disclosed that Chief Legal Officer Benjamin Carlton Adams had 5,069 common shares withheld to cover taxes. The shares were valued at $9.36 each and related to the vesting of previously granted restricted stock units.
Was the Western Union (WU) Form 4 transaction an open-market sale?
The Form 4 reports a tax-withholding disposition, not an open-market sale. Shares were withheld by Western Union to satisfy Benjamin Carlton Adams’s tax obligations arising from vesting and settlement of restricted stock units granted in February 2025.
What award triggered the tax-withholding transaction reported for Western Union (WU)?
The transaction was triggered by the vesting and settlement of 9,962 restricted stock units. These units represent the first vesting installment of a restricted stock unit award Western Union granted to Benjamin Carlton Adams on February 24, 2025.