Black Travis 4
4 · Uniti Group Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Uniti Group (UNIT) SVP Travis Black Sells Shares
What Happened
Travis Black, SVP and Chief Accounting Officer of Uniti Group (UNIT), had a total of 3,086 shares disposed (withheld) to satisfy tax obligations from vested time‑based restricted stock. The withholding occurred in two tranches: 1,715 shares at $8.58 ($14,715) and 1,371 shares at $8.58 ($11,763), totaling about $26,478. This was a tax‑withholding disposal related to RSU vesting rather than an open‑market sale.
Key Details
- Transaction dates and prices:
- 2026-02-20: 1,715 shares withheld at $8.58 (value $14,715)
- 2026-02-21: 1,371 shares withheld at $8.58 (value $11,763)
- Total shares withheld: 3,086; total value ≈ $26,478.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: These shares were withheld to satisfy tax obligations arising when time‑based restricted stock vested (F1).
- Filing: Form 4 filed 2026-02-24 reporting transactions on 2026-02-20 and 02-21. Form 4s are generally due within two business days of the transaction; this filing date may be later than that standard window.
Context
This was a routine tax‑withholding event tied to RSU vesting (reporting code F), not a discretionary open‑market sale—such withholdings are common and do not necessarily indicate the insider's view on the stock.
Insider Transaction Report
- Tax Payment
COMMON STOCK
[F1]2026-02-20$8.58/sh−1,715$14,715→ 65,886 total - Tax Payment
COMMON STOCK
[F1]2026-02-21$8.58/sh−1,371$11,763→ 64,515 total
Footnotes (1)
- [F1]These shares were withheld to satisfy the reporting person's tax obligations that arose when time-based restricted stock belonging to the reporting person vested.