CFO of Western Union (WU) gets stock award, shares withheld

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.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Cagwin Matthew

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	90,157	$0.00	--
Tax Withholding	Common Stock	9,325	$9.27	$86K
Tax Withholding	Common Stock	40,084	$9.27	$372K

Holdings After Transaction: Common Stock — 315,768.361 shares (Direct)

Footnotes (1)

1. 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. 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. 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.

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^*

Cagwin Matthew

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

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	02/22/2026		A		90,157(1)	A	$0.0000	315,768.361	D
Common Stock	02/22/2026		F		9,325(2)	D	$9.27	306,443.361	D
Common Stock	02/22/2026		F		40,084(3)	D	$9.27	266,359.361	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. 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.

2. 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.

3. 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.

	Lisa A. Atkins, As Attorney-in-Fact	02/24/2026
	** 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 transactions did Western Union (WU) report for CFO Matthew Cagwin?

Western Union reported that CFO Matthew Cagwin received 90,157 shares of common stock via settlement of performance-based restricted stock units. The company also withheld 49,409 shares in total to satisfy related tax obligations arising from the vesting of restricted and performance-based stock units.

How many Western Union (WU) shares did the CFO acquire in this Form 4?

The CFO acquired 90,157 Western Union common shares through settlement of performance-based restricted stock units granted on February 22, 2023. This award vested based on a performance factor and Board certification, increasing his holdings before any tax withholding share dispositions were applied.

Were any Western Union (WU) shares sold on the open market by the CFO?

The filing shows no open-market sales. Instead, 9,325 and 40,084 shares were disposed of as tax-withholding transactions at $9.27 per share, meaning the company withheld shares to cover tax obligations triggered by vesting of restricted and performance-based stock unit awards.

What is CFO Matthew Cagwin’s Western Union (WU) share ownership after these transactions?

After the reported grant and tax-withholding dispositions, CFO Matthew Cagwin directly owns 266,359.361 Western Union common shares. This total reflects the net result of receiving performance-based restricted stock units and the company withholding shares to satisfy related tax liabilities.

What triggered the equity award settlement reported for Western Union (WU)’s CFO?

The equity award settlement resulted from performance-based restricted stock units granted on February 22, 2023. The units settled into 90,157 shares after a performance factor was applied according to the award terms and the Board certified the performance results, as described in the filing footnotes.

Why did Western Union (WU) withhold shares from the CFO’s awards?

Western Union withheld 9,325 and 40,084 shares to satisfy the CFO’s tax withholding obligations. These obligations arose when 21,314 restricted stock units and 90,157 performance-based restricted stock units vested and settled into shares, a common method for covering income tax due on equity compensation.