Cagwin Matthew 4

What Happened Matthew Cagwin, Chief Financial Officer of Western Union (WU), had 8,118 shares withheld by the company on Feb 26, 2026 to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units (RSUs). The withheld shares were recorded as a disposition at $9.53 per share, for a total value of approximately $77,365. This was a tax-withholding event related to the vesting of 18,555 RSUs (second vesting installment from a Feb 26, 2024 award), not an open-market sale.

Key Details

• Transaction date: 2026-02-26; filing date (Form 4): 2026-02-27.
• Reported disposition: 8,118 shares withheld at $9.53 per share; total ~$77,365.
• Transaction code: F — shares withheld to satisfy tax withholding on vested awards.
• Footnote: Withholding satisfied tax obligations from the vesting/settlement of 18,555 RSUs (second vesting installment of the award granted Feb 26, 2024).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Timeliness: Filing appears timely (filed the day after the transaction).

Context This was a routine share-withholding to cover taxes on vested RSUs (common for equity compensation) rather than a voluntary sale by the insider. Such withholding transactions generally do not signal an insider's view of the company’s prospects; they reflect tax obligations arising when equity awards vest.