Western Union CO·4

Feb 26, 7:42 PM ET

Axelrod Cherie 4

Research Summary

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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.