Uniti Group Inc.·4

Feb 24, 4:28 PM ET

Black Travis 4

Research Summary

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Updated

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.