Angelini Giovanni 4
Research Summary
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Western Union (WU) — Giovanni Angelini Withholds 1,149 Shares for Taxes
What Happened
- Giovanni Angelini, President — Europe, Africa, MEPA, had 1,149 Western Union shares disposed/withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $9.53 each, generating $10,950 in proceeds (withheld from the award rather than sold in an open-market trade).
Key Details
- Transaction date: 2026-02-26; filing date: 2026-03-03.
- Price per share: $9.53; Shares withheld/disposed: 1,149; Gross value: $10,950.
- Related award: 7,813 restricted stock units vested (second installment of the RSU award granted on 2024-02-26); 1,149 shares were withheld for taxes, leaving 6,664 net shares delivered from the vesting.
- Transaction code: F (tax withholding). This is not a market sale initiated for investment reasons but a common withholding to satisfy tax obligations.
- The filing reports the withholding; total beneficial ownership after the transaction is not shown in this notice.
Context
- Tax-withholding share dispositions are routine when RSUs vest and do not necessarily indicate the insider’s view on the company’s stock. This was a cashless withholding to cover taxes on the vested RSU installment, not an open-market sale driven by a trading decision.