Gunderman Kenny 4
Research Summary
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Uniti (UNIT) CEO Kenny Gunderman Receives 66,740 Shares; 30,934 Withheld
What Happened Kenny Gunderman, President & Chief Executive Officer and Director of Uniti Group Inc. (UNIT), received 66,740 shares on March 5, 2026 in connection with the vesting of performance-based restricted stock units (PBRSUs) granted in 2023 (transaction code A). Of those, 30,934 shares were withheld to satisfy tax obligations (transaction code F) at an indicated withholding value of $8.06 per share, totaling $249,328. The award shares were reported with an acquisition price of $0.00 (typical for vested RSUs).
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
- Award: 66,740 shares acquired via PBRSU vesting (code A) at $0.00.
- Tax withholding: 30,934 shares withheld (code F) at $8.06/share = $249,328 withheld.
- Shares owned after transaction: not stated in the information provided.
- Footnotes: (F1) Shares from 2023 PBRSU vesting; (F2) Withholding to satisfy tax obligations.
- Timeliness: Filing occurred 4 days after the transaction; Form 4s are typically due within 2 business days, so this appears later than the usual reporting window.
Context This was an equity award vesting and a routine tax-withholding event, not an open-market purchase or voluntary sale. Withholding shares to cover taxes is common after RSU/PBRSU vesting and does not necessarily indicate a change in the insider’s market view.