HEARD DANIEL L 4

What Happened
Daniel L. Heard, Senior EVP, General Counsel & Secretary of Uniti Group (UNIT), received 14,729 shares on 2026-03-05 upon vesting of performance-based restricted stock units (PBRSUs). Concurrently, 6,827 of those shares were withheld (disposed) to satisfy tax withholding obligations at $8.06 per share, generating proceeds of $55,026. The award shares were recorded at $0.00 acquisition price as they resulted from vesting, not a cash purchase.

Key Details

• Transaction date: 2026-03-05 (filed 2026-03-09; filing is timely).
• Award (code A): 14,729 shares acquired at $0.00 (vested PBRSUs granted in 2023).
• Tax withholding (code F): 6,827 shares withheld/disposed at $8.06 = $55,026 to cover tax liability.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 confirms shares came from 2023 PBRSU grant; F2 confirms withheld shares satisfied tax obligations.

Context: This was a vesting of performance-based equity, not an open-market purchase or a voluntary sale for investment reasons. The withholding of shares to cover taxes is a common, routine administrative step (cashless withholding) and does not by itself signal a change in insider sentiment.