Welcome to our dedicated page for Western Union SEC filings (Ticker: WU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Western Union Company (NYSE: WU) files a range of documents with the U.S. Securities and Exchange Commission that shed light on its financial condition, strategy, and risk profile as a financial transactions processing company. These SEC filings complement Western Union’s role in cross-border money movement, payments, and digital financial services across more than 200 countries and territories and over 130 currencies.
On this page, you can review current and historical SEC filings for Western Union, including Form 10-K annual reports and Form 10-Q quarterly reports, which typically discuss segment performance in areas such as Consumer Services, Branded Digital, and Consumer Money Transfer. These reports provide narrative and quantitative detail on revenues, operating margins, liquidity, and risk factors relevant to Western Union’s global payments and money transfer activities.
Western Union’s Form 8-K current reports are particularly important for tracking material events. Recent 8-K filings have disclosed items such as the entry into a delayed draw term loan credit agreement providing an unsecured term loan facility, earnings releases for quarterly results, and the Agreement and Plan of Merger under which a Western Union subsidiary will merge with International Money Express, Inc. (IMXI). Other 8-Ks address Investor Day presentations and regulatory milestones related to the planned IMXI transaction.
Investors can also use this page to access information on capital structure and governance, including disclosures about debt arrangements, interest coverage covenants, and executive appointments, as reported in 8-K filings. Forms 3, 4, and 5, when available, provide insight into insider ownership and transactions by Western Union’s directors and officers.
Stock Titan’s platform enhances these filings with AI-powered summaries that highlight key points from lengthy documents such as 10-Ks, 10-Qs, and 8-Ks. Real-time updates from EDGAR help users quickly identify new filings, while AI-generated explanations can make complex topics—such as merger terms, credit agreements, or non-GAAP metrics—more accessible for both individual and institutional investors analyzing WU.
The Western Union Company is offering senior unsecured notes described in a preliminary prospectus supplement that sets out terms including adjustable interest tied to credit ratings, optional redemption mechanics, change-of-control repurchase rights and book-entry-only issuance through DTC, Clearstream and Euroclear.
The supplement discloses that proceeds are intended to repay 2026 Notes maturing March 15, 2026 and that the offering is not conditioned on the company’s announced acquisition of Intermex, which is expected to close in the second quarter of 2026 subject to regulatory approvals.
Western Union CEO Devin McGranahan reported equity award activity in company stock. He acquired 403,771 shares of common stock at no cost upon settlement of performance-based restricted stock units granted on February 23, 2023, following the Board’s certification of performance results.
On the same date, 21,274 shares and 180,306 shares of common stock were withheld by the company to satisfy his tax withholding obligations tied to the vesting and settlement of restricted stock units, including the 403,771 performance-based units. After these transactions, he directly owned 1,115,316 shares of Western Union common stock.
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.
Western Union CO Chief Enterprise Risk Officer Cherie Axelrod reported equity compensation activity in company stock. She acquired 22,017 shares of common stock at no cost upon settlement of performance-based restricted stock units granted on February 22, 2023, following certification of performance by the board. To cover tax withholding from the vesting of 5,205 time-based restricted stock units and 22,017 performance-based units, the company withheld 1,393 and 7,067 shares, respectively, as non-market dispositions at $9.27 per share. After these transactions, she directly holds 113,853 shares of Western Union common stock.
Western Union CO executive equity award and tax withholding transactions
Western Union CO executive Giovanni Angelini, President Europe, Africa, MEPA, acquired 35,226 shares of common stock on February 22, 2026 through the settlement of performance-based restricted stock units granted on February 22, 2023, after the Board certified the performance results.
On the same date, a total of 6,731 shares (1,224 and 5,507 shares) were disposed of at $9.27 per share to cover tax withholding obligations tied to the vesting and settlement of 8,328 restricted stock units. After these award and tax-withholding transactions, Angelini directly owned 215,427 Western Union CO common shares.
Western Union’s Chief Legal Officer Benjamin Carlton Adams received 54,516 shares of common stock through the settlement of performance-based restricted stock units granted in 2023. To cover tax withholding obligations tied to this and another vesting award, the Company withheld 6,558 and 28,417 shares at $9.27 per share. After these grant and tax-withholding dispositions, Adams directly holds 153,016 Western Union shares.
Western Union Company provides cross-border money transfers and consumer financial services through a global network in more than 200 countries and territories. Consumer Money Transfer generated 87% of 2025 consolidated revenue, with Consumer Services contributing 13%.
The company is shifting to a digital-first model under its "Beyond" strategy, expanding digital wallets, consumer financial services, and a digital asset network. It agreed to acquire International Money Express for approximately $500 million in cash, expected to close in Q2 2026, to strengthen U.S.-to-Latin America remittance corridors.
Western Union plans to support a U.S. dollar-backed stablecoin, the U.S. Dollar Payment Token (USDPT), issued on the Solana blockchain by Anchorage Digital Bank, with availability on licensed cryptocurrency exchanges anticipated in the first half of 2026.
Western Union reported softer 2025 revenue but stronger underlying profitability and set growth targets for 2026. Q4 2025 revenue was $1.0 billion, down 5% year over year, while full-year revenue was $4.1 billion, down 4% reported and 2% on an adjusted basis excluding Iraq.
Q4 GAAP EPS was $0.36 versus $1.13 a year earlier, when results benefited from a large tax gain. Adjusted EPS rose to $0.45 from $0.40. For 2025, GAAP EPS fell to $1.52 from $2.74, while adjusted EPS inched up to $1.75 from $1.74. GAAP operating margin improved to 19% from 17%, and adjusted margin reached 20%.
The core Consumer Money Transfer business saw 2025 revenue decline 8%, while Consumer Services revenue grew 32%, reflecting travel money and bill pay growth. Branded Digital revenue grew 7% for both Q4 and the full year, with transactions up 13% in Q4.
Operating cash flow was $543.7 million, and the company returned about $529 million via $305 million in dividends and $225 million in share repurchases. The board approved a Q1 2026 dividend of $0.235 per share. Western Union reiterated plans to acquire International Money Express and now expects closing in Q2 2026.
For 2026, Western Union guides to GAAP revenue growth of 5%–8% and adjusted revenue growth of 6%–9%, with GAAP EPS of $1.50–$1.60 and adjusted EPS of $1.75–$1.85, assuming no major macroeconomic shifts and an Intermex closing in the second quarter.
The Western Union Company entered into a new unsecured delayed draw term loan agreement providing access to up to $800,000,000 in term loans. The facility allows Western Union to draw funds from the closing date through July 8, 2026, with an option to increase total commitments so they do not exceed $1,000,000,000 in aggregate, subject to additional lender commitments. Proceeds can be used for general corporate purposes, including refinancing existing debt, permitted acquisitions, and related fees and expenses.
Interest is based on either the Term SOFR Rate plus a margin on a sliding scale from 1.000% to 1.625%, currently 1.250%, or the Base Rate plus a margin from 0.000% to 0.625%, currently 0.250%. A quarterly ticking fee on unused commitments ranges from 0.080% to 0.200%, currently 0.110%. The agreement includes customary covenants, an interest coverage ratio requirement, and restrictions on asset sales, liens, certain subsidiary debt, and use of proceeds, and it matures on the third anniversary of the initial funding date.
Schroder Investment Management filed a Schedule 13G reporting beneficial ownership of 16,948,328 shares of Western Union (WU) common stock, representing 5.2% of the class as of 09/30/2025.
The filer reports sole voting power over 16,948,328 shares and sole dispositive power over 16,948,328 shares, with no shared voting or dispositive power. The certification states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.