Till Mark Paul 4
Research Summary
AI-generated summary
Unum (UNM) EVP Till Mark Paul Receives Award; Shares Withheld
What Happened
Till Mark Paul, EVP & CEO of Unum International (Unum Group, UNM), had restricted stock units vest and received 4,008 shares (awarded at $0.00 per share) on March 1, 2026. To satisfy tax-withholding obligations tied to that vesting, 2,855 shares were withheld/disposed at $71.73 per share for a total withholding value of $204,790 (four withholding transactions of 772, 803, 787 and 493 shares). These dispositions are tax-withholding adjustments (transaction code F), not open-market sales.
Key Details
- Transaction date: 2026-03-01. Withholding price: $71.73 per share.
- Withheld/disposed: 772, 803, 787 and 493 shares (total 2,855 shares) for $55,376; $57,599; $56,452; and $35,363 respectively (total ≈ $204,790).
- Acquisition: 4,008 shares granted/received (stock-settled RSUs) at $0.00 (transaction code A).
- Footnotes indicate these withholdings were to satisfy tax obligations on vesting RSUs (see F1, F3, F5, F7) and the filing lists broader holdings/RSU balances (see F10, F2, F4, F6, F8, F9).
- F9 notes certain RSUs vest in three near-equal annual installments beginning March 1, 2027.
- Filing timeliness: no late filing was indicated in the information provided.
Context
This was a routine net settlement of vested RSUs: shares were issued on vesting and a portion was withheld to cover taxes (a common administrative step). It is not an open-market sale and does not necessarily reflect the insider’s view on the stock — it primarily reflects tax withholding tied to RSU vesting.