Uniti (UNIT) CEO Kenny Gunderman Withholds 62,240 Shares for Taxes

What Happened

• Kenny Gunderman, President & Chief Executive Officer and a director of Uniti Group Inc. (UNIT), had 62,240 shares withheld on Aug 1, 2026 to satisfy tax withholding obligations tied to the vesting of time‑based restricted stock. The withholding was reported as a disposition at $9.72 per share, totaling $604,973.
• This was a tax‑withholding disposition (code F), not an open‑market sale of shares.

Key Details

• Transaction date: 2026-08-01; reported filing date: 2026-08-03 (appears timely).
• Price used for withholding: $9.72 per share.
• Shares withheld/disposed: 62,240; aggregate value: $604,973.
• Footnote: Shares were withheld to satisfy the reporting person's tax obligations arising when time‑based restricted stock vested (F1).
• Shares owned after the transaction are not shown in the provided filing excerpt — see the full Form 4 for current beneficial ownership.

Context

• This is a routine tax withholding following RSU vesting (code F) and should not be interpreted as an open‑market sale indicating sentiment. For investors tracking insider buying vs selling, purchases are generally more informative than routine withholdings.