Western Union (NYSE: WU) COO RSU vesting leads to tax share withholding
Rhea-AI Filing Summary
Western Union’s Chief Operating Officer reports a routine tax-related share withholding. On the vesting and settlement of 7,171 restricted stock units granted on March 7, 2025, the company withheld 3,145 shares of common stock to cover his tax obligations. After this non‑market disposition, he directly holds 322,460 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,145 shares
Net Sell
1 txn
Insider
Hawksworth Benjamin Scott
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,145 | $9.74 | $31K |
Holdings After Transaction:
Common Stock — 322,460 shares (Direct)
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 7,171 restricted stock units, representing the first vesting installment of the restricted stock unit award granted by the Company to the reporting person on March 7, 2025.
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FAQ
What insider transaction did Western Union (WU) report for its COO?
Western Union’s Chief Operating Officer had 3,145 shares of common stock withheld to cover taxes on vesting restricted stock units. This was a non-market transaction related to compensation, not an open-market sale or purchase of shares.
Was the Western Union COO’s Form 4 transaction an open-market sale?
No, the 3,145 shares were withheld by the company to satisfy tax obligations from RSU vesting. This tax-withholding disposition does not involve selling shares into the market or receiving cash proceeds from a public share sale.
How many Western Union restricted stock units vested for the COO?
A total of 7,171 restricted stock units vested and settled for the COO, representing the first vesting installment of an award granted on March 7, 2025. Part of these shares was withheld by the company to cover associated tax liabilities.
What does transaction code F mean in the Western Union COO Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 3,145 shares were withheld by Western Union to satisfy the COO’s tax obligations from the vesting of restricted stock units granted as compensation.