Adams Benjamin Carlton 4

What Happened Benjamin Carlton Adams, Chief Legal Officer of Western Union Company (WU), had 4,214 shares withheld by the company on February 26, 2026 to satisfy tax withholding obligations. The withholding was recorded at $9.53 per share for a total value of $40,159. This was not an open-market sale but a tax-withholding/settlement related to restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-02-26, 4,214 shares withheld at $9.53/share (total ~$40,159).
• Trigger: Withholding arose from the vesting and settlement of 8,281 RSUs (second vesting installment of the RSU award granted Feb 26, 2024).
• Net shares delivered to the insider from this vesting: 8,281 vested − 4,214 withheld = 4,067 net shares.
• Filing: Report filed 2026-02-27 (one day after the transaction), indicating a timely Form 4 filing.
• Transaction code: F (shares withheld to satisfy tax withholding), not a purchase (P) or sale (S).

Context Tax-withholding by withholding shares is a routine administrative step when equity awards vest and does not represent an open-market sale or a directional bet by the insider. For retail investors, purchase transactions tend to be more informative about insider sentiment; tax-withholdings are common and generally neutral.