Cagwin Matthew 4

What Happened
Matthew Cagwin, CFO of Western Union (WU), had 10,630 shares withheld by the company on February 24, 2026 to satisfy tax withholding obligations arising from the vesting and settlement of 24,295 restricted stock units (RSUs). The withheld shares were valued at $9.36 each, for a total of $99,497. This was a tax-withholding (code F) transaction tied to an RSU vesting — not an open-market sale.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
• Withheld shares: 10,630 shares at $9.36 per share; total value $99,497.
• Vesting covered: 24,295 RSUs (first vesting installment from award granted 2025-02-24).
• Net shares from this vesting likely delivered to the insider: ~13,665 shares (24,295 vested − 10,630 withheld).
• Transaction code: F (shares withheld to satisfy tax withholding).
• Post-transaction total beneficial ownership: not disclosed in the provided filing.

Context
Share withholding to cover tax obligations is a routine administrative step when RSUs vest and does not indicate a voluntary sale or change in sentiment by the insider. The action simply satisfies withholding requirements; purchases are generally more informative about insider conviction than tax-related withholdings.