KABAT KEVIN T 4
Research Summary
AI-generated summary
Unum Group (UNM) Director Kevin Kabat Receives RSU Award
What Happened
- Kevin T. Kabat, a director of Unum Group (UNM), was granted two equity awards on 2026-05-26 totaling 3,524 restricted stock units (RSUs): 2,191 RSUs and 1,333 RSUs. Each grant was recorded at $0.00 (award/grant code A). The RSUs vest on the earlier of May 26, 2027 or the date of Unum’s next annual meeting of shareholders. One of the grants represents half of the annual Board Chair retainer for the 2026–2027 Board year.
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-28 (timely filing).
- Grants: 2,191 RSUs and 1,333 RSUs, price reported $0.00; total = 3,524 RSUs.
- Vesting: Earlier of May 26, 2027 or next annual meeting (per footnote).
- Shares owned after transaction: filing reports 123,806 shares of common stock plus 3,524 RSUs (RSUs generally settle 1-for-1 into shares; fractional amounts rounded).
- Other notes from filing: the beneficial ownership calculation accounts for the settlement (delivery) of 9,102 RSUs since the prior Form 4; one grant equals half the Board Chair retainer for the 2026–2027 year.
- Transaction type: Award/grant (A). No sale or market purchase occurred.
Context
- RSU grants are a form of compensation for directors and typically convert to common shares on vesting; they are routine and do not by themselves signal a buy or sell decision. For retail investors, this is primarily a disclosure of director compensation and potential future share issuance rather than an immediate market action.