Unum Group·4

Feb 18, 6:56 PM ET

Zabel Steven Andrew 4

Research Summary

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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.