Western Union CFO disposes shares for tax withholding
Western Union’s Chief Financial Officer disposes shares to cover taxes from RSU vesting.
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Rhea-AI Filing Summary
Western Union’s Chief Financial Officer disposes shares to cover taxes from RSU vesting. Matthew Cagwin had 8,118 shares of Western Union common stock withheld at $9.53 per share in a tax-withholding disposition related to equity compensation, rather than an open-market trade.
The shares were withheld to satisfy tax obligations arising from the vesting and settlement of 18,555 restricted stock units. After this transaction, Cagwin beneficially owns 247,611.361 shares of Western Union common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,118 | $9.53 | $77K |
Footnotes (1)
- F1. 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 18,555 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.
FAQ
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What insider transaction did Western Union (WU) report for its CFO?
Was the Western Union (WU) CFO’s Form 4 transaction a stock sale?
What does transaction code F mean in Western Union (WU) CFO’s Form 4?
How is the Western Union (WU) CFO’s Form 4 transaction characterized?
AI-generated analysis. How Rhea-AI works. Not financial advice.