Uniti (UNIT) SEVP Michael Friloux Withholds 21,516 Shares for Taxes

What Happened
Michael Friloux, Senior EVP and Chief Technology Officer of Uniti Group (UNIT), had 21,516 shares withheld to satisfy tax obligations tied to the vesting of time‑based restricted stock. The withholding was executed at $9.72 per share for a total value of approximately $209,136. This was a tax‑withholding (not an open‑market sale or purchase).

Key Details

• Transaction date: 2026-08-01; withholding price: $9.72 per share.
• Shares withheld/disposed: 21,516; total value: ~$209,136.
• Footnote: Shares were withheld to satisfy the reporting person’s tax obligations arising when time‑based restricted stock vested (F1).
• Filing: Reported on Form 4 filed 2026-08-03 (timely filing).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context
Tax‑withholding on vested RSUs is a routine corporate administrative action: the company retains (or the insider surrenders) a portion of vested shares to cover taxes. This should not be interpreted as a directional bet by the insider since no open‑market sale or purchase occurred.