Hawksworth Benjamin Scott 4

What Happened

• Benjamin Scott Hawksworth, Chief Operating Officer of Western Union (WU), had 8,149 shares withheld by the company on Feb 24, 2026 to satisfy tax withholding obligations tied to the vesting and settlement of 17,230 restricted stock units (RSUs). The withheld shares were valued at $9.36 each for a total of $76,275.
• This was not an open-market sale but a routine tax-withholding disposition (transaction code F) in connection with RSU vesting; the transaction resulted in the net delivery of the remaining vested shares to Hawksworth.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (Form 4 accession 0001225208-26-002716).
• Price and value: 8,149 shares × $9.36 = $76,275 disposed (withheld).
• RSU vesting: Withholding arose from the first vesting installment of 17,230 RSUs granted on Feb 24, 2025.
• Net shares likely delivered to the insider: approximately 9,081 shares (17,230 vested − 8,149 withheld).
• Transaction code: F (shares withheld to satisfy tax withholding). No 10b5-1 plan or late filing indicated in the provided filing.

Context

• Tax-withholding disposals are routine corporate actions when equity awards vest; they are not the same as an active sale and do not necessarily indicate the insider’s view on the company’s stock.
• For retail investors, purchases by insiders are often more informative about sentiment; withholding to cover taxes is a common administrative step following award vesting.