Western Union CO·4

Feb 26, 7:42 PM ET

Angelini Giovanni 4

Research Summary

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Western Union (WU) Angelini Giovanni — Shares Withheld for Taxes

What Happened

  • Giovanni Angelini, President for Europe, Africa and MEPA at Western Union (WU), had 1,589 shares withheld by the company to satisfy tax withholding related to the vesting and settlement of restricted stock units. The withheld shares were disposed at an effective price of $9.36 per share for a total value of $14,873. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date: 2026-02-24; Filing date: 2026-02-26 (timely Form 4).
  • Transaction type/code: F — shares withheld to satisfy tax withholding obligations.
  • Shares withheld: 1,589 at $9.36 each; total value ≈ $14,873.
  • Related vesting: 10,808 RSUs vested (first vesting installment from the RSU award granted 2025-02-24) — withholding covered part of the tax liability (footnote F1).
  • Shares owned after the transaction: not specified in the provided filing details.

Context

  • This is a routine tax-withholding event tied to RSU vesting, not a discretionary sale or purchase. Withheld shares are commonly used to cover tax bills and generally do not signal insider buying or selling intent.