Bullington Paul 4

What Happened
Paul Bullington, Chief Financial Officer of Uniti Group Inc., had 18,902 performance-based restricted stock units (PBRSUs) vest on March 5, 2026. The Form 4 reports an acquisition of 18,902 shares at $0.00 (award/vesting). To satisfy tax obligations from the vesting, 7,438 shares were withheld (reported as a disposal) at $8.06 per share for a total of $59,950. The withholding is a tax-related disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (appears timely under Form 4 rules).
• Award: 18,902 shares vested (transaction code A); per footnote, these were PBRSUs granted in 2023.
• Withholding: 7,438 shares withheld at $8.06 each = $59,950 (transaction code F); footnote states shares were withheld to satisfy tax liabilities from the vesting.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notes on codes: A = Award/Grant, F = Withholding for taxes (not a market sale).

Context
This was a routine compensation event (vesting of PBRSUs) with shares withheld to cover taxes—common practice that does not necessarily signal insider sentiment. Unlike an open-market sale or a buy, tax-withholding dispositions are administrative and should be interpreted differently than voluntary sales or purchases.