Western Union CEO awarded 403,771 company shares
Western Union CEO Devin McGranahan reported equity award activity in company stock.
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Rhea-AI Filing Summary
Western Union CEO Devin McGranahan reported equity award activity in company stock. He acquired 403,771 shares of common stock at no cost upon settlement of performance-based restricted stock units granted on February 23, 2023, following the Board’s certification of performance results.
On the same date, 21,274 shares and 180,306 shares of common stock were withheld by the company to satisfy his tax withholding obligations tied to the vesting and settlement of restricted stock units, including the 403,771 performance-based units. After these transactions, he directly owned 1,115,316 shares of Western Union common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 403,771 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 21,274 | $9.21 | $196K |
| Exercise Price or Tax Liability | Common Stock | 180,306 | $9.21 | $1.66M |
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 23, 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 47,727 restricted stock units, representing the final vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 23, 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 403,771 performance based restricted stock units granted by the company to the reporting person on February 23, 2023 and reported herein.
FAQ
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What insider transactions did Western Union (WU) report for Devin McGranahan?
What are performance-based restricted stock units in the Western Union CEO’s award?
Were Devin McGranahan’s Western Union transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.