Western Union CFO awarded 90,157 shares
Western Union’s Chief Financial Officer Matthew Cagwin reported equity award activity involving company common stock.
Rhea-AI Filing Summary
Western Union’s Chief Financial Officer Matthew Cagwin reported equity award activity involving company common stock. He acquired 90,157 shares at no cost through the settlement of performance-based restricted stock units that were originally granted on February 22, 2023, after the Board certified the performance results.
To cover tax withholding obligations tied to vesting of 21,314 restricted stock units and the 90,157 performance-based units, the company withheld 9,325 shares and 40,084 shares, respectively, at a price of $9.27 per share. After these grant and tax-withholding dispositions, Cagwin directly owns 266,359.361 shares of Western Union common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 90,157 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,325 | $9.27 | $86K |
| Exercise Price or Tax Liability | Common Stock | 40,084 | $9.27 | $372K |
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 22, 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 21,314 restricted stock units, representing the final vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 22, 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 90,157 performance based restricted stock units granted by the company to the reporting person on February 22, 2023 and reported herein.
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