Unum Group·4

Mar 3, 5:31 PM ET

Arnold Timothy Gerald 4

Research Summary

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Updated

Unum (UNM) EVP Arnold Timothy Gerald Receives 6,695 RSUs

What Happened

  • Arnold Timothy Gerald, EVP, VB & President, Colonial at Unum Group (UNM), was granted 6,695 stock-settled restricted stock units (RSUs) on 2026-03-01 (recorded as an acquisition at $0). On the same date, a total of 2,819 shares were withheld to satisfy tax withholding obligations related to RSU vesting. The withheld shares were recorded at $71.73 each, generating proceeds of $64,987, $86,650 and $50,570 (total ≈ $202,207). These withholding transactions are tax-related dispositions, not open-market sales.

Key Details

  • Transaction date: 2026-03-01 (Form 4 filed 2026-03-03; appears timely).
  • Withheld shares: 906 @ $71.73 = $64,987; 1,208 @ $71.73 = $86,650; 705 @ $71.73 = $50,570. Total withheld = 2,819 shares, proceeds ≈ $202,207.
  • Grant: 6,695 stock-settled RSUs granted at $0 (award entry).
  • Shares owned after transactions: 44,586 shares of common stock and 13,922 stock-settled RSUs (per filing footnote; fractional amounts rounded).
  • Notable footnotes: withheld shares were used to satisfy tax withholding on RSU vesting; the awarded RSUs are stock-settled and vest according to the plan (footnote notes these RSUs vest in near-equal annual installments beginning March 1, 2027).

Context

  • These entries reflect a routine RSU grant plus tax withholding at vesting (cashless share withholding). The grant is an award (not an open-market purchase) and the withheld shares were used solely to cover tax liabilities. Such tax-withholding dispositions are common and do not, by themselves, indicate insider sentiment about the stock.