Unum Group·4

Feb 10, 6:06 PM ET

Pyne Christopher W 4

Research Summary

AI-generated summary

Updated

Unum (UNM) EVP Christopher Pyne Withholds 938 Shares for Taxes

What Happened
Christopher W. Pyne, EVP, Group Benefits at Unum Group (UNM), had 938 shares withheld on February 6, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $74.56 each, totaling $69,937. This was a tax-withholding disposition (routine), not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-02-06; Filing date (Form 4): 2026-02-10.
  • Withheld shares: 938 shares at $74.56 per share; total value ≈ $69,937.
  • Beneficial ownership after transaction: 50,034 total (includes 25,248 shares of common stock and 24,786 RSUs/SSUs — 20,623 RSUs + 4,163 SSUs).
  • Footnote F1: Shares were withheld to satisfy taxes on the vesting of 3,472 stock-settled RSUs.
  • Footnote F2: The reported beneficial ownership includes 20,623 restricted stock units, 4,163 stock success units (SSUs), and 25,248 shares of common stock. All RSUs and SSUs settle 1-for-1 in common shares.
  • Filing timing: Form 4 was filed four days after the transaction date; Form 4s are generally due within two business days, so this filing appears later than the typical deadline.

Context
This was a tax-withholding action associated with RSU vesting (a common, administrative transaction) rather than an intentional sale or purchase that signals sentiment. Withholding shares to cover taxes is routine for equity compensation; the underlying RSUs remain part of Pyne’s holdings until settled.