Western Union CO·4

May 4, 6:57 PM ET

Adams Benjamin Carlton 4

Research Summary

AI-generated summary

Updated

Western Union (WU) Chief Legal Officer Benjamin C. Adams Sells 19,924 Shares

What Happened
Benjamin Carlton Adams, Western Union's Chief Legal Officer, reported three open-market sales on 2026-05-01 totaling 19,924 shares for aggregate proceeds of approximately $183,883. The individual transactions were: 3,184 shares at $9.22 ($29,372); 4,148 shares at $9.21 ($38,224); and 12,592 shares at $9.23 ($116,287). These were sales (dispositions), which are often routine insider liquidity events rather than an express signal of company outlook.

Key Details

  • Transaction date: 2026-05-01 (open-market sales; transaction code S)
  • Prices and proceeds: 3,184 @ $9.22 ($29,372); 4,148 @ $9.21 ($38,224); 12,592 @ $9.23 ($116,287); total ≈ $183,883
  • Filing date: Form 4 filed 2026-05-04 — within the typical two-business-day reporting window (not late)
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Footnotes/plan disclosures: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the provided data

Context: These entries are straightforward open-market sales rather than option exercises, gifts, or awards. For retail investors, purchases tend to be more informative about insider conviction; sales can reflect routine diversification or liquidity needs. No indication in this filing that Adams is a >10% owner; activity appears to be executive-level selling.