Western Union CO·4/A

Mar 11, 6:24 PM ET

Cagwin Matthew 4/A

4/A · Western Union CO · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

Western Union (WU) CFO Matthew Cagwin Receives Awards

What Happened Matthew Cagwin, Chief Financial Officer of Western Union (WU), was granted a total of 697,740 equity awards on March 2, 2026. The filing shows three award entries: 153,635 restricted stock units (RSUs) at $0.00, 92,181 RSUs at $0.00, and 451,924 derivative awards (option/other) at $0.00. These were awards/grants (not open-market purchases or sales) and carry vesting conditions rather than immediate cash value.

Key Details

  • Transaction date(s): March 2, 2026; Form 4 originally filed March 4, 2026 and amended March 11, 2026 to correct counts.
  • Price: $0.00 for all award entries (these are grants/awards, not purchases).
  • Total awards: 697,740 shares/units (153,635 + 92,181 + 451,924).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes (vesting/terms):
    • F1: 153,635 performance-based RSUs vest in full on March 2, 2029, subject to continued employment and award terms.
    • F2: 92,181 RSUs vest in three substantially equal installments on March 2, 2027, 2028 and 2029, subject to continued employment.
    • F3: 451,924 option-type/derivative awards vest in four substantially equal installments on March 2, 2027–2030, subject to continued employment.
  • Filing timeliness: The amendment (filed 2026-03-11) corrects an earlier Form 4 filed March 4, 2026; the amendment was submitted to fix underreported award counts.

Context These entries are award grants with multi-year vesting schedules—not immediate sales or exercises—so they do not represent current cash realized by the insider. The amendment indicates a clerical correction to previously reported counts rather than a new transaction. For investors, awards with time- and performance-based vesting signal future potential ownership changes but do not imply immediate trading activity.

Insider Transaction Report

Form 4/AAmended
Period: 2026-03-02
Cagwin Matthew
Chief Financial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-02+153,635401,246.361 total
  • Award

    Common Stock

    [F2]
    2026-03-02+92,181493,427.361 total
  • Award

    Employee Stock Option (Right to Buy)

    [F3]
    2026-03-02+451,924451,924 total
    Exercise: $9.56Exp: 2036-03-02Common Stock (451,924 underlying)
Footnotes (3)
  • [F1]Represents a grant of performance-based restricted stock unit awards which vests in full on March 2, 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
  • [F2]Represents a restricted stock unit award which vests in three substantially equal installments on March 2, 2027, 2028, and 2029, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
  • [F3]This option vests in four substantially equal installments on March 2, 2027, 2028, 2029, and 2030, subject to the reporting person's continued employment with the Company and any applicable termination provisions contained in the award agreement.
Signature
Benjamin C. Adams, As Attorney-in-Fact|2026-03-11

Documents

1 file
  • 4
    doc4a.xml