Zabel Steven Andrew 4
4 · Unum Group · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Unum (UNM) CFO Steven Zabel Withholds 1,516 Shares for Taxes
What Happened
Steven Andrew Zabel, Chief Financial Officer of Unum Group (UNM), had 1,516 shares withheld on February 16, 2026 to satisfy tax withholding related to the vesting of stock success units (SSUs). The withheld shares were valued at $71.64 each, totaling approximately $108,606. This was a tax-withholding disposition tied to the third and final vesting tranche of SSUs originally granted August 20, 2020, after certification of performance for the 2021–2025 period.
Key Details
- Transaction date: 2026-02-16; price per share: $71.64; shares withheld/disposed: 1,516; total value ≈ $108,606. (Transaction code F — tax withholding.)
- The withholding satisfied tax obligations on 3,852 vested SSUs (the third tranche); SSUs settle 1-for-1 in common shares.
- Reported beneficial ownership includes 73,607 shares of common stock and 38,724 stock-settled restricted stock units (RSUs). The filing also notes an additional 40.143 shares acquired under the employee stock purchase plan since the prior Form 4.
- Filing: Report period 2026-02-16; Form filed 2026-02-18 — filed timely.
Context
This was a routine tax-withholding event tied to the vesting of performance-based SSUs, not an open-market sale for cash. Tax withholding via share retention or disposition is common when awards vest and does not necessarily indicate the insider's broader view on the company's stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-02-16$71.64/sh−1,516$108,606→ 112,331 total
Footnotes (3)
- [F1]Shares withheld to satisfy tax withholding obligation applicable to the vesting of 3,852 stock success units ("SSUs"), representing the third and final vesting tranche, or approximately one-third, of the SSUs originally granted on August 20, 2020, and the certification of the achievement of the performance metrics for the performance period from January 1, 2021 to December 31, 2025. SSUs could be settled, on a 1-for-1 basis, only in shares of common stock.
- [F2]Beneficial ownership amount accounts for the exempt acquisition of 40.143 shares of common stock under the issuer's employee stock purchase plan since the date of the reporting person's prior Form 4.
- [F3]Includes 38,724 restricted stock units and 73,607 shares of common stock. All restricted stock units ("stock-settled RSUs") may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.