Western Union (NYSE: WU) risk chief has shares withheld for RSU taxes

Rhea-AI Filing Summary

Western Union CO Chief Enterprise Risk Officer Cherie Axelrod reported a tax-related share disposition. On the transaction date, 1,618 shares of common stock were withheld by the company at $9.53 per share to cover tax obligations arising from the vesting of 6,042 restricted stock units. After this withholding, Axelrod directly owned 109,839 Western Union shares. This Form 4 reflects a tax-withholding disposition rather than an open-market sale.

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

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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)
02/26/2026

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	02/26/2026		F		1,618(1)	D	$9.53	109,839	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 shares withheld by the Company to satisfy tax withholding obligations of the reporting person that arose in connection with the vesting and settlement of 6,042 restricted stock units, representing the second vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 26, 2024.

	Lisa A. Atkins, As Attorney-in-Fact	02/27/2026
	** 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).
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FAQ

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

Western Union reported that Chief Enterprise Risk Officer Cherie Axelrod had 1,618 common shares withheld to satisfy tax obligations tied to restricted stock unit vesting. This tax-withholding disposition was recorded on Form 4 and is not an open-market share sale.

Why were Western Union (WU) shares withheld from Cherie Axelrod on this Form 4?

Shares were withheld to satisfy Cherie Axelrod’s tax withholding obligations arising from the vesting and settlement of 6,042 restricted stock units. The company used 1,618 Western Union common shares for this purpose, consistent with a tax-withholding disposition rather than a discretionary market transaction.

How many Western Union (WU) RSUs vested for Cherie Axelrod in this event?

A total of 6,042 restricted stock units vested and settled for Cherie Axelrod, representing the second vesting installment of a restricted stock unit award granted on February 26, 2024. Part of these shares was withheld to cover resulting tax obligations owed to the company.

How many Western Union (WU) shares does Cherie Axelrod own after this transaction?

After the tax-withholding disposition, Cherie Axelrod directly owned 109,839 shares of Western Union common stock. This figure reflects her holdings following the withholding of 1,618 shares used to satisfy tax liabilities related to the vesting of restricted stock units.

Was the Western Union (WU) Form 4 transaction an open-market sale by Cherie Axelrod?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Western Union withheld 1,618 shares from Cherie Axelrod to pay taxes triggered by the vesting and settlement of 6,042 restricted stock units previously granted to her.

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

Cherie Axelrod is identified as Western Union’s Chief Enterprise Risk Officer in the Form 4. The reported transaction relates to shares withheld by the company to cover tax liabilities from vesting restricted stock units granted to her under the company’s compensation program.