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Western Union (WU) risk chief granted 73,223 restricted stock units

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

Rhea-AI Filing Summary

Western Union Chief Enterprise Risk Officer Cherie Axelrod reported two stock awards in the form of restricted stock units tied to the company’s common stock.

She acquired 43,934 performance-based restricted stock units that vest in full on March 2, 2029, and 29,289 restricted stock units that vest in three equal installments on March 2, 2027, 2028, and 2029. Both grants were issued at no cash cost and require her continued employment under the award agreements.

Positive

  • None.

Negative

  • None.
Insider Axelrod Cherie
Role Chief Enterprise Risk Officer
Type Security Shares Price Value
Grant/Award Common Stock 43,934 $0.00 --
Grant/Award Common Stock 29,289 $0.00 --
Holdings After Transaction: Common Stock — 153,773 shares (Direct)
Footnotes (1)
  1. Represents a grant of performance-based restricted stock unit awards which vests in full on March 2, 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement. Represents a restricted stock unit award which vests in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
Form 4 Insider Transactions: What Each Field Means →
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*
Axelrod Cherie
(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 Enterprise Risk Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 A 43,934(1) A $0.0000 153,773 D
Common Stock 03/02/2026 A 29,289(2) A $0.0000 183,062 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. Represents a grant of performance-based restricted stock unit awards which vests in full on March 2, 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
2. Represents a restricted stock unit award which vests in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
Benjamin C. Adams, As Attorney-in-Fact 03/04/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Western Union (WU) report for Cherie Axelrod?

Western Union reported that Chief Enterprise Risk Officer Cherie Axelrod acquired two restricted stock unit awards tied to common stock, totaling 73,223 units, through grants at no cash cost, as disclosed in a Form 4 insider transaction filing.

How many performance-based restricted stock units did Cherie Axelrod receive at Western Union (WU)?

Cherie Axelrod received 43,934 performance-based restricted stock units. These units vest in full on March 2, 2029, contingent on her continued employment and the termination provisions outlined in the applicable Western Union award agreement.

What are the vesting dates for Cherie Axelrod’s restricted stock units at Western Union (WU)?

One award vests in full on March 2, 2029, while another vests in three substantially equal installments on March 2, 2027, March 2, 2028, and March 2, 2029, subject to her continued employment and award agreement terms.

Did Cherie Axelrod pay a purchase price for the Western Union (WU) stock units granted?

No, the Form 4 lists a price per share of 0.0000 for both transactions, indicating these Western Union awards were grants of restricted stock units rather than open-market purchases for cash consideration.

What role does Cherie Axelrod hold at Western Union (WU) in this Form 4 filing?

In this Form 4, Cherie Axelrod is identified as an officer of Western Union, serving as Chief Enterprise Risk Officer, and the reported transactions reflect direct ownership of restricted stock unit awards granted in that capacity.

Are Cherie Axelrod’s Western Union (WU) stock awards subject to employment conditions?

Yes, both awards vest only if she remains employed by Western Union, and they are also governed by applicable termination provisions contained in the respective award agreements described in the Form 4 footnotes.