McSweeney Erin 4
Research Summary
AI-generated summary
UnitedHealth EVP Erin McSweeney Withholds 292 Shares for Taxes
What Happened
- Erin McSweeney, EVP & Chief People Officer at UnitedHealth Group (UNH), had a total of 291.823 shares withheld to satisfy tax obligations related to a prior equity event. The withholding occurred at $290.00 per share (136.641 shares = $39,626; 155.182 shares = $45,003), totaling about $84,629.
- This was not an open-market sale intended as a market-facing disposition but a routine tax-withholding transaction following an exercise/award (transaction code F).
Key Details
- Transaction date: 2026-02-20; filing date: 2026-02-24 (filed timely).
- Price used for withholding: $290.00 per share.
- Shares withheld/disposed: 136.641 and 155.182 (total 291.823).
- Transaction code/footnote: F — payment of exercise price or tax liability (share withholding).
- Shares owned after the transaction: not specified in the provided filing.
Context
- Code F withholdings typically represent “sell-to-cover” or net share settlement to pay taxes after an option exercise or restricted share vesting. These are routine administrative actions and do not necessarily signal a change in the insider’s view of the company.
- Purchases or open-market buys are generally more informative about insider sentiment; tax-withholdings are common and should be interpreted accordingly.