IGLESIAS LISA G 4
Research Summary
AI-generated summary
Unum (UNM) EVP/General Counsel Lisa Iglesias Sells 3,500 Shares
What Happened Lisa G. Iglesias, EVP and General Counsel of Unum Group (UNM), sold 3,500 shares in an open-market transaction on March 9, 2026. The shares were sold at $73.00 per share for total proceeds of $255,500. Sales are often routine dispositions and do not necessarily indicate a change in sentiment about the company.
Key Details
- Transaction date and price: March 9, 2026 — 3,500 shares sold at $73.00/share (total $255,500).
- Filing date: Form 4 filed March 11, 2026 (appears timely with the usual 2-business-day reporting window).
- Shares owned after transaction: Form shows ownership including 15,818 restricted stock units (RSUs) and 13,635 shares of common stock (total ≈ 29,453 shares, with RSUs settled 1-for-1 in shares).
- Footnote: RSUs are "stock-settled" and convert 1-for-1 into common shares; fractional amounts rounded.
- No 10b5-1 plan, tax-withholding detail, or indication of a gift/exercise was noted in the filing.
Context This was a straight sale (code S) reported by an executive officer. For retail investors, purchases usually signal stronger insider conviction than routine sales, which can be for many personal or portfolio reasons. The filing includes RSUs that vest into common stock on a one-for-one basis, which are part of Iglesias’s reported holdings.