Hawksworth Benjamin Scott 4/A
Research Summary
AI-generated summary
Western Union (WU) COO Benjamin Hawksworth Receives Awards
What Happened
- Benjamin Scott Hawksworth, Chief Operating Officer of Western Union (WU), received two equity awards on March 2, 2026 totaling 198,745 shares: 119,247 performance-based RSUs and 79,498 time-based RSUs. Both grants were reported as acquired at $0.00 (awards/compensation), for a reported acquisition value of $0.
- These awards are compensation grants (not open-market purchases or sales) and vest over future service/performance periods rather than providing immediate tradable shares.
Key Details
- Transaction date and price: March 2, 2026 — 119,247 performance-based RSUs @ $0.00; 79,498 RSUs @ $0.00.
- Total units granted: 198,745 RSUs.
- Shares owned after transaction: Not disclosed in this amended Form 4.
- Footnotes:
- F1: The 119,247 performance-based RSUs vest in full on March 2, 2029, subject to continued employment and award terms.
- F2: The 79,498 RSUs vest in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to continued employment and award terms.
- Filing status: This is an amendment filed March 10, 2026 to correct an underreported number in the original Form 4 filed March 4, 2026.
Context
- RSU and performance-RSU grants are standard executive compensation and vest over time or upon achieving performance goals; they are not immediate cash transactions and do not by themselves indicate a buy/sell decision.
- Because these were awards rather than purchases or sales, they reflect compensation planning rather than insider trading sentiment.