Achanta Venkat 4
Research Summary
AI-generated summary
TransUnion (TRU) EVP Achanta Venkat Receives Award; Shares Withheld
What Happened
Achanta Venkat, Executive Vice President and Chief Technology, Data & Analytics Officer at TransUnion (TRU), received a grant of 26,735 restricted stock units (RSUs) on 2026-02-27 (acquired at $0.00 per share). On the same date the company withheld 19,058 shares (disposed) at $78.55 each to satisfy tax withholding obligations, a withholding transaction with an aggregate value of $1,497,006. This withholding is not an open-market sale but a routine tax-payment event.
Key Details
- Transaction date: 2026-02-27; Form 4 filed 2026-03-03.
- Grant: 26,735 RSUs @ $0.00 (code A).
- Tax withholding/disposition: 19,058 shares @ $78.55, proceeds $1,497,006 (code F).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — RSUs vest ratably: 33% Aug 27, 2027; 33% Aug 27, 2028; 34% Aug 27, 2029. F2 — Withheld shares relate to tax liabilities from vesting of PSUs/RSUs granted Feb 28, 2023; Jun 30, 2023; and Feb 28, 2024.
- Filing detail: withholding (code F) indicates tax-payment via share retention by the company rather than an open-market sale.
Context
Withholding shares to cover taxes is a common, administrative action and generally shouldn’t be interpreted as a market-directed sale by the insider. The new RSUs grant increases Venkat’s future equity compensation exposure subject to the stated multi-year vesting schedule.