Axelrod Cherie 4

What Happened

• Cherie Axelrod, Chief Enterprise Risk Officer at Western Union, had 1,618 shares (disposed) withheld to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs). The withheld shares were valued at $9.53 each, totaling $15,420.
• The withholding arose from the vesting of 6,042 RSUs (the second vesting installment of a 2024 award). This was a tax-withholding disposition by the company, not an open-market sale.

Key Details

• Transaction date: 2026-02-26; Filing date: 2026-02-27 (timely).
• Price per share: $9.53; Shares withheld/disposed: 1,618; Total value withheld: $15,420.
• RSUs vested: 6,042; Net shares delivered to Axelrod after withholding: 6,042 - 1,618 = 4,424.
• Footnote: F1 confirms the shares were withheld by the company to cover tax withholding on the RSU vesting. Transaction code F denotes tax withholding.
• Shares owned after transaction: not specified in the filing.

Context

• This is a routine tax-withholding transaction tied to RSU vesting (a common practice known as share withholding or a cashless/stock-surrender for taxes). It does not necessarily indicate a personal decision to sell shares on the market.