Keaney Timothy F 4
Research Summary
AI-generated summary
Unum Group (UNM) Director Timothy F. Keaney Receives RSU Award
What Happened
- Timothy F. Keaney, a director of Unum Group (UNM), was granted 2,191 restricted stock units (RSUs) on May 26, 2026. The filing reports an acquisition price of $0.00 for the award (typical for RSU grants; value is determined for reporting purposes elsewhere).
- The RSUs are reported separately from his existing holdings, which per the filing include 1,117 deferred share rights (DSRs) and 37,489 shares of common stock (DSRs and RSUs settle 1-for-1 in shares). Including the new award, the filing indicates beneficial ownership in the roughly 40,797-share range (1,117 DSRs + 2,191 RSUs + 37,489 shares).
Key Details
- Transaction date: 2026-05-26; Filing date (accession): 2026-05-28.
- Transaction type/code: Award/Grant (A); 2,191 RSUs acquired at $0.00.
- Vesting/settlement: RSUs vest on the earlier of May 26, 2027, or Unum’s next annual shareholders’ meeting (Footnote F1).
- Holdings reported: Filing notes 1,117 DSRs, 2,191 RSUs, and 37,489 common shares (DSRs/RSUs settle 1-for-1; fractional amounts rounded) (Footnote F2).
- Supplemental note: Beneficial ownership calculation accounts for recent settlement/exempt acquisitions since the prior Form 4 (Footnote F3).
- Filing timeliness: Filed two days after the transaction date; no late-filing flag shown.
Context
- RSU awards like this are common compensation for directors and executives and are not a purchase or sale of stock; they typically vest over time and convert to shares upon vesting.
- DSRs are deferred share rights that, like RSUs, may be settled in common shares on a one-for-one basis; the filing clarifies dividend reinvestment/exempt acquisitions since the prior report.
- These awards are informative about compensation and potential future dilution when vested shares are delivered, but do not by themselves indicate an insider's buying or selling sentiment.