HEARD DANIEL L 4

What Happened Daniel L. Heard, Senior EVP, General Counsel & Secretary of Uniti Group (UNIT), had a total of 8,706 shares disposed via tax-withholding related to vested time-based restricted stock. On 2026-02-20, 4,955 shares were withheld at $8.58 each ($42,514), and on 2026-02-21, 3,751 shares were withheld at $8.58 each ($32,184). These disposals (code F) were to satisfy tax obligations and are routine withholding transactions rather than open-market sales driven by sentiment.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 4,955 shares withheld at $8.58 — $42,514
  • 2026-02-21: 3,751 shares withheld at $8.58 — $32,184
  • Combined: 8,706 shares; approx. $74,698 total value
• Reason: Footnote F1 states shares were withheld to satisfy tax obligations from vesting of time-based restricted stock.
• Shares owned after the transactions: not specified in the filing.
• Filing: Form 4 filed with accession 0001637259-26-000001 on 2026-02-24 (investors should note Form 4s are generally due within two business days of the transaction).

Context Tax-withholding disposals for vested restricted stock are common and typically procedural; they do not necessarily indicate an insider’s view on the company’s prospects. This was not an open-market sale for cash proceeds but a retention by the company to cover withholding taxes.