Uniti Group Inc.·4

Mar 3, 5:58 PM ET

FRILOUX MICHAEL 4

Research Summary

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Updated

Uniti (UNIT) SEVP Michael Friloux Receives Award; Withholds Shares

What Happened
Michael Friloux, Senior EVP & Chief Technology Officer of Uniti Group Inc. (UNIT), was granted 37,478 shares on 2026-03-01 (award, $0.00 per share) that are time‑based and subject to vesting. On 2026-02-27, 3,798 shares were disposed/withheld at $7.32 each to satisfy tax obligations, generating a cash value of $27,801. The withholding was a routine tax-related disposition, not an open‑market sale.

Key Details

  • Transaction dates: 2026-02-27 (tax withholding / disposition) and 2026-03-01 (grant/acquisition).
  • Prices/values: 3,798 shares withheld @ $7.32 = $27,801; 37,478 shares granted @ $0.00 (award) = $0.
  • Vesting: The 37,478 awarded shares vest in three equal annual installments on March 1 each year, beginning March 1, 2027, subject to continued employment (see footnote).
  • Footnotes: F1 confirms shares were withheld to satisfy tax obligations when time‑based restricted stock vested; F2 describes the three‑year annual vesting schedule.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing/timeliness: Report filed 2026-03-03 (covers transactions through 2026-02-27 and 2026-03-01); filing appears timely (within the standard two business days).

Context
This was primarily an equity award (time‑based restricted stock) rather than a market purchase or sale. The disposition of 3,798 shares was a tax withholding associated with vesting and is generally routine; it should not be read as a directional trade signal by itself. The awarded shares remain subject to future vesting conditions.