Rice Walter Lynn JR 4

What Happened
Walter (Walter Lynn) Rice Jr., Senior Vice President and Chief Accounting Officer of Unum Group (UNM), had 774 shares withheld to satisfy tax withholding on vested restricted stock units and received a grant of 2,649 stock-settled restricted stock units (RSUs). The withheld shares were reported as dispositions on 2026-03-01 in three tranches (255, 333 and 186 shares) at $71.73 per share, totaling $55,519. The new award reported on the same date is 2,649 RSUs (reported at $0.00 acquisition value).

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
• Withheld (dispositions) — 255 shares @ $71.73 = $18,291; 333 shares @ $71.73 = $23,886; 186 shares @ $71.73 = $13,342. Total value ≈ $55,519. (Transaction code F — tax withholding.)
• Grant (acquisition) — 2,649 RSUs @ $0.00 (Transaction code A — award/grant).
• Beneficial ownership reported (per footnotes): includes stock-settled RSUs and shares (e.g., footnote indicates holdings including 5,404 RSUs and 4,938 shares of common stock — see filing footnotes for full breakdown).
• Footnotes: withheld shares satisfy tax obligations on vesting of stock-settled RSUs; fractional amounts rounded; the awarded RSUs vest in three near-equal annual installments beginning March 1, 2027 (per filing).

Context
This was primarily a routine tax-withholding event tied to RSU vesting (not an open-market sale). The 2,649 shares are RSUs (not an outright purchase) and will vest per the schedule noted in the filing. Such withholding transactions are common when RSUs vest and do not necessarily signal insider buying or selling intent.