IGLESIAS LISA G 4

What Happened

• Lisa G. Iglesias, EVP and General Counsel of Unum Group (UNM), received a grant of 7,685 stock-settled restricted stock units (RSUs) on 2026-03-01 (acquired at $0). On the same date, 3,371 shares were withheld to satisfy tax withholding obligations related to RSU vesting; those withholdings were recorded as dispositions at $71.73 per share for total proceeds of $241,802 (1,244 shares for $89,232; 1,309 shares for $93,895; 818 shares for $58,675). The grant is an award (acquisition) and the withholdings are routine tax-related disposals rather than open-market sales.

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely).
• Dispositions (tax withholding): 1,244 @ $71.73 = $89,232; 1,309 @ $71.73 = $93,895; 818 @ $71.73 = $58,675. Total withheld = 3,371 shares for $241,802.
• Acquisition: 7,685 RSUs granted @ $0 (stock-settled RSUs).
• Shares/holdings after transaction: filing notes aggregate holdings that include both common shares and RSUs; the filing’s aggregate totals indicate 17,135 shares of common stock and 15,818 unvested stock-settled RSUs (see footnotes).
• Notable footnotes: withholdings were to satisfy tax obligations on vested RSUs (footnotes F1, F3, F5); the new RSU award vests in three near-equal annual installments beginning March 1, 2027 (F7). RSUs settle 1-for-1 in common shares (per footnotes).
• Filing status: appears timely (filed two days after the reported transaction date).

Context

• These transactions reflect a standard equity award plus tax withholding: the grant of RSUs is an acquisition (potential future shares subject to vesting), while the withheld shares are a routine cashless settlement to cover taxes—not an open-market sale expressing sentiment. The new RSUs vest over time, so they do not represent immediately tradable shares.