Uniti Group (UNIT) John Harrobin Sells Shares to Cover Taxes

What Happened John Harrobin, SEVP and President of Kinetic at Uniti Group (UNIT), had 48,526 shares withheld/disposed to satisfy tax obligations when time‑based restricted stock vested. The withholding occurred on April 28, 2026 in two transactions: 28,809 shares and 19,717 shares, each at $11.49, for total proceeds of approximately $557,563. This was an administrative tax‑withholding disposition (code F), not an open‑market sale.

Key Details

• Transaction date and price: Apr 28, 2026 — 28,809 shares @ $11.49 ($331,015) and 19,717 shares @ $11.49 ($226,548).
• Total shares withheld/disposed: 48,526; total value ≈ $557,563.
• Reason: Footnote F1 — shares withheld to satisfy tax obligations on vested time‑based RSUs.
• Holdings note: Footnote F2 indicates the reporting person’s holdings include 8,264 shares acquired via the Uniti 2025 Employee Stock Purchase Plan in 2026.
• Filing: Report filed Apr 30, 2026 (timely relative to the Apr 28 transaction).

Context Withholding shares to cover taxes on vested RSUs is a routine, administrative disposition and does not necessarily signal a change in the insider’s view of the company. This was not an open‑market sale or a 10b5‑1 plan sale; it reflects tax withholding at vesting.