Axelrod Cherie 4
4 · Western Union CO · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Western Union Chief Enterprise Risk Officer Cherie Axelrod Withholds 2,396 Shares
What Happened
Cherie Axelrod, Chief Enterprise Risk Officer at Western Union, had 2,396 shares withheld on February 24, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The withheld shares were valued at $9.36 each, totaling $22,427. This was a tax-withholding disposition tied to RSU vesting, not an open-market sale.
Key Details
- Transaction type: Tax withholding in connection with RSU vesting (code F).
- Transaction date and price: 2,396 shares withheld on 2026-02-24 at $9.36 per share (total $22,427).
- Reason: Withholding to satisfy tax obligations on the first vesting installment of 8,333 restricted stock units granted on 2025-02-24 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Report filed 2026-02-26 for a 2026-02-24 transaction — appears timely under Form 4 rules (generally due within two business days).
Context
This was an internal tax-withholding action upon RSU vesting (company withheld shares to cover tax liability), which is routine and generally does not indicate the insider’s view on the stock. Such dispositions differ from open-market sales or purchases and are common when equity awards vest.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-24$9.36/sh−2,396$22,427→ 111,457 total
Footnotes (1)
- [F1]Represents shares withheld by the Company to satisfy tax withholding obligations of the reporting person that arose in connection with the vesting and settlement of 8,333 restricted stock units, representing the first vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 24, 2025.