Research Summary
AI-generated summary of this SEC filing
Unum (UNM) SVP Walter L. Rice Jr. Sells 2,188 Shares
What Happened
- Walter Lynn Rice Jr., Senior Vice President and Chief Accounting Officer of Unum Group (UNM), disposed of shares on 2026-09-10. He sold 2,188 shares in an open-market or private sale at $94.31 per share for proceeds of $206,361 and separately made a gift of 239 shares (no proceeds).
Key Details
- Transaction dates and prices:
- 2026-09-10: Sale of 2,188 shares at $94.31 per share — total $206,361 (code S).
- 2026-09-10: Gift of 239 shares (code G) — $0 proceeds.
- Shares owned after transaction (per Form 4 footnotes): 7,915 shares beneficially owned, which the filing notes includes 5,404 stock-settled restricted stock units (RSUs) and 2,511 shares of common stock (see footnotes).
- Footnotes:
- RSUs are stock-settled on a 1-for-1 basis; fractional amounts rounded.
- The filing lists slightly different common-share totals in related footnotes (2,750 vs. 2,511), see the Form 4 for full detail.
- Timeliness: Form was filed on 2026-09-11 reporting transactions on 2026-09-10 (no indication of a late filing).
Context
- A sale is a disposition of shares and does not by itself signal the insider’s view of the company; a gift likewise does not convey market sentiment.
- The filing shows holdings include vested/unvested RSUs (stock-settled RSUs convert 1-for-1 into common shares when settled), not option exercises or new awards in this report.