Bullington Paul 4

What Happened
Paul Bullington, Chief Financial Officer of Uniti Group (UNIT), had a total of 15,166 shares withheld to satisfy tax obligations arising when time‑based restricted stock vested. The withholding occurred in two events: 9,210 shares on 2026-02-20 at $8.58 ($79,022) and 5,956 shares on 2026-02-21 at $8.58 ($51,102), for a combined value of roughly $130,124. This was a tax‑withholding disposition (not an open‑market sale).

Key Details

• Dates and amounts:
  • 2026-02-20: 9,210 shares withheld @ $8.58 = $79,022
  • 2026-02-21: 5,956 shares withheld @ $8.58 = $51,102
• Total shares withheld: 15,166; total value ≈ $130,124.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld to satisfy the reporting person’s tax obligations when time‑based restricted stock vested.
• Filing timeliness: Form 4 filed 2026-02-24; filing appears to be within the required two business‑day window.

Context
Tax withholding on vested restricted stock is a routine administrative transaction and does not necessarily indicate a decision to sell shares for investment reasons. Code F (tax withholding) commonly reduces share count to cover payroll/tax obligations rather than signaling a change in insider sentiment.