FRANTZ FRANCIS X 4

What Happened

• Frantz Francis X, a director of Uniti Group Inc. (UNIT), was granted 22,050 shares as an award on February 26, 2026. The Form 4 reports the acquisition price as $0.00 (award/grant), so no cash was paid in the transaction. The shares are restricted and subject to vesting conditions.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within the typical two-business-day window).
• Transaction type/code: A — Grant/Award.
• Shares granted: 22,050; reported acquisition price: $0.00.
• Vesting: These shares vest on February 26, 2027, contingent on the reporting person's continued service on the issuer’s board (Footnote F1).
• Footnote correction: A prior Form 4 (filed Aug 5, 2025) overreported shares due to a clerical conversion error; the current filing reflects the corrected, as-converted amount (conversion rate 0.6029) (Footnote F2).
• Shares owned after transaction: not disclosed in the provided summary of the filing.

Context

• This was a restricted stock award (compensation) rather than an open-market purchase or sale. Such grants are common for directors and reflect compensation/retention, not an immediate market trade. The award vests one year from grant subject to continued board service; it does not by itself indicate a buy or sell signal.