Unum Group·4

Mar 3, 5:40 PM ET

Pyne Christopher W 4

4 · Unum Group · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Unum (UNM) EVP Christopher W. Pyne Receives RSU Award

What Happened

  • Christopher W. Pyne, EVP, Group Benefits at Unum Group (UNM), had a grant/award recorded and related tax-withholding transactions on March 1, 2026. The filing shows an acquisition (award) of 12,460 shares (A) at $0.00 and three dispositions labeled as tax-withholdings (F) of 1,161, 1,168 and 1,198 shares each, disposed at $71.73 per share, totaling $252,993 (≈$253K). The withholding transactions were to satisfy tax obligations tied to vesting of previously granted RSUs.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
  • Withheld (disposed) shares: 1,161 + 1,168 + 1,198 = 3,527 shares at $71.73 each; proceeds ≈ $252,993.
  • Award/acquisition: 12,460 shares reported as granted (A) at $0.00.
  • Holdings note: the filing’s footnotes indicate Pyne holds a mix of restricted stock units and common shares (see footnotes; e.g., references to 24,691 RSUs and 32,429 shares).
  • Important footnotes: F1/F3/F5 — shares were withheld to satisfy tax withholding on RSU vesting; F7 — the newly reported RSUs are stock-settled and vest in three near-equal annual installments beginning March 1, 2027.
  • No indication this was a 10% owner transaction; these are routine executive award and withholding actions, not an open-market sale or purchase.

Context

  • The disposals here are tax-withholding (not market sales): companies commonly withhold shares when RSUs vest to cover tax obligations, which reduces the net shares received by the insider.
  • The primary actionable item for investors is the grant of RSUs (a form of compensation), not an investment by the insider. These filings are informational and do not necessarily indicate the insider’s view of the company’s stock.

Insider Transaction Report

Form 4
Period: 2026-03-01
Pyne Christopher W
EVP, Group Benefits
Transactions
  • Tax Payment

    Common Stock

    [F1][F2]
    2026-03-01$71.73/sh1,161$83,27947,026 total
  • Tax Payment

    Common Stock

    [F3][F4]
    2026-03-01$71.73/sh1,168$83,78145,858 total
  • Tax Payment

    Common Stock

    [F5][F6]
    2026-03-01$71.73/sh1,198$85,93344,660 total
  • Award

    Common Stock

    [F7][F8]
    2026-03-01+12,46057,120 total
Footnotes (8)
  • [F1]Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,762 stock-settled RSUs (as defined in footnote (2) below).
  • [F2]Includes 17,861 restricted stock units and 29,165 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.
  • [F3]Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,780 stock-settled RSUs.
  • [F4]Includes 15,081 stock-settled RSUs and 30,777 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
  • [F5]Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,850 stock-settled RSUs.
  • [F6]Includes 12,231 stock-settled RSUs and 32,429 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
  • [F7]All are stock-settled RSUs, which vest in three near-equal annual installments beginning on March 1, 2027.
  • [F8]Includes 24,691 stock-settled RSUs and 32,429 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
Signature
/s/ Jullienne, J. Paul, Attorney-in-Fact|2026-03-03

Documents

1 file
  • 4
    wk-form4_1772577655.xmlPrimary

    FORM 4