Cagwin Matthew 4/A
Research Summary
AI-generated summary
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.