Egan Cynthia 4
Research Summary
AI-generated summary
Unum (UNM) Director Cynthia Egan Receives Award
What Happened
- Cynthia Egan, a director of Unum Group (UNM), was granted 2,191 restricted stock units (RSUs) on 2026-05-26. The Form 4 reports the acquisition at $0.00 per share (typical for RSU awards), so the reported cash value on the form is $0. This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-28 (timely filing).
- Amount acquired: 2,191 RSUs; acquisition price reported as $0.00.
- Ownership after transaction (per filing footnote): 40,648 shares of common stock plus 4,389 RSUs — 45,037 total instruments (RSUs settle 1-for-1 in shares; fractional amounts rounded).
- Vesting: RSUs vest on the earlier of May 26, 2027 or the date of Unum Group’s next annual meeting of shareholders (per footnote).
- No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.
Context
- RSU grants are a form of compensation and do not by themselves signal a director’s intent to buy or sell shares in the open market. The economic value of these RSUs will depend on Unum’s stock price at settlement/vesting; the Form 4 lists the award at $0 since it records the grant of units rather than a cash purchase.