McGranahan Devin 4
4 · Western Union CO · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Western Union CEO Devin McGranahan Sells 22,055 Shares
What Happened
Devin McGranahan, CEO, President and a director of Western Union (WU), had 22,055 shares withheld by the company on February 26, 2026 to satisfy tax withholding obligations. The shares were valued at $9.53 each, for a total of $210,184. This was not an open-market sale but a tax-withholding disposition tied to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-02-27 (timely filing).
- Shares withheld/disposed: 22,055 at $9.53 per share; total value $210,184.
- Reason: Tax withholding (transaction code F) in connection with the vesting and settlement of 49,479 RSUs (the second vesting installment from a grant on Feb 26, 2024).
- Withholding rate: roughly 44.6% of the vested RSUs were withheld to cover taxes.
- Shares owned after transaction: not specified in this Form 4.
- No indication this was a market sale or indicative of a trading plan — it’s a routine tax withholding event.
Context
Tax-withholding dispositions like this are common when RSUs vest: companies often withhold a portion of the vested shares to cover required payroll and income taxes. These transactions are administrative and don’t necessarily signal the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-26$9.53/sh−22,055$210,184→ 1,066,729 total
Footnotes (1)
- [F1]Represents shares withheld by the Company to satisfy tax withholding obligations of the reporting person that arose in connection with the vesting and settlement of 49,479 restricted stock units, representing the second vesting installment of the restricted stock unit award granted by the Company to the reporting person on February 26, 2024.