Ahmed Elizabeth Claire 4
Research Summary
AI-generated summary
Unum EVP Elizabeth Ahmed Withholds 185 Shares for Taxes
What Happened
- Elizabeth Claire Ahmed, EVP, People & Communications at Unum Group (UNM), had 185 shares withheld on Feb 16, 2026 to satisfy tax withholding obligations tied to the vesting of stock success units (SSUs). The shares were valued at $71.64 each, totaling roughly $13,253.
- This withholding covered taxes on 756 SSUs that vested as the third and final tranche of a grant made on August 20, 2020, after certification of performance for the period Jan 1, 2021–Dec 31, 2025. SSUs can only be settled 1-for-1 in common shares.
Key Details
- Transaction date and price: 2026-02-16; 185 shares withheld at $71.64/share (total ≈ $13,253).
- Reason: Tax withholding (code F) to satisfy tax obligations on vested SSUs (third/final tranche).
- Holdings reported: Beneficial ownership reported in the filing includes 16,863 restricted stock units and 34,192 shares of common stock; the filing also notes 70.597 shares acquired via the employee stock purchase plan since the prior Form 4. Fractional amounts were rounded.
- Filing timeliness: Form 4 filed on Feb 18, 2026 for a Feb 16 transaction — appears timely.
Context
- This was a routine tax-withholding disposition upon vesting (not an open-market sale or buy). Withholding to cover taxes is common for equity compensation and does not necessarily indicate a change in the insider’s view of the company.