Western Union CO·4

Mar 10, 7:50 PM ET

Hawksworth Benjamin Scott 4

Research Summary

AI-generated summary

Updated

Western Union COO Benjamin Hawksworth Withholds 3,145 Shares

What Happened
Benjamin Hawksworth, Chief Operating Officer of Western Union (WU), had 3,145 shares withheld by the company to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units. The withholding occurred on March 7, 2026, at a price of $9.74 per share, representing a disposition valued at $30,632. This was a tax-withholding event (code F), not an open-market sale.

Key Details

  • Transaction date: March 7, 2026; Filing date: March 10, 2026 (timely filed).
  • Shares withheld/disposed: 3,145 at $9.74 each; total value $30,632.
  • Transaction code: F (shares withheld to satisfy tax withholding).
  • Footnote: These shares were withheld to cover tax obligations arising from the vesting and settlement of 7,171 restricted stock units (the first vesting installment of an award granted on March 7, 2025).
  • Shares owned after transaction: Not specified in the provided filing summary.

Context
Share withholding to cover taxes on vested RSUs is a routine administrative disposition and does not necessarily indicate a decision to sell shares on the market. This was a cashless-type settlement for tax purposes (company withheld shares), not an open-market sale or purchase.