McKenney Richard P 4
4 · Unum Group · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Unum Group (UNM) CEO Richard McKenney Sells 24,935 Shares
What Happened
- Richard P. McKenney, President & CEO and director of Unum Group (UNM), had 24,935 shares disposed (withheld) at $71.64 per share on 2026-02-16, a value of approximately $1,786,343. This disposition was a tax withholding to satisfy obligations tied to the vesting of 63,365 stock success units (SSUs), not an open-market sale for investment purposes.
Key Details
- Transaction date and price: 2026-02-16, 24,935 shares at $71.64 each (total ≈ $1,786,343).
- Transaction code: F — shares withheld to satisfy tax withholding on vested equity.
- Holdings reported after transaction: 720,920 shares of common stock and 174,782 restricted stock units (RSUs) (per filing footnote).
- Footnotes: The withheld shares relate to the third and final vesting tranche of 63,365 SSUs from an Aug 20, 2020 grant; SSUs and RSUs are settled 1-for-1 in common stock. Fractional shares were rounded.
- Filing: Report covers transaction on 2026-02-16 and was filed on 2026-02-18 (not indicated as late).
Context
- This was a routine tax-withholding disposition tied to equity vesting (cashless in effect via share withholding), not an intentional open-market sale signaling a change in conviction. SSUs vested after performance metrics for the period Jan 1, 2021–Dec 31, 2025 were certified, triggering the withholding.
Insider Transaction Report
Form 4
Unum GroupUNM
McKenney Richard P
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-02-16$71.64/sh−24,935$1,786,343→ 895,702 total
Holdings
- 15,000(indirect: By SLAT)
Common Stock
- 45,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Shares withheld to satisfy tax withholding obligation applicable to the vesting of 63,365 stock success units ("SSUs"), representing the third and final vesting tranche, or approximately one-third, of the SSUs originally granted on August 20, 2020, and the certification of the achievement of the performance metrics for the performance period from January 1, 2021 to December 31, 2025. SSUs could be settled, on a 1-for-1 basis, only in shares of common stock.
- [F2]Includes 174,782 restricted stock units and 720,920 shares of common stock. All restricted stock units ("stock-settled RSUs") may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.
Signature
/s/ Jullienne, J. Paul, Attorney-in-Fact|2026-02-18