Form 4: TransUnion EVP & CFO Todd M. Cello Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Todd M. Cello, EVP & CFO of TransUnion, disposed of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On August 30, 2024, Todd M. Cello, the EVP & CFO of TransUnion, disposed of 3,613 shares of common stock to cover tax obligations.
- The shares were withheld by the company at a price of $96.81 per share.
- Following the transaction, Cello directly owns 80,676 shares of TransUnion common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't indicate any positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 09/01/2021 | Date of grant for restricted stock units that vested. |
| 08/30/2024 | Date of transaction: Disposal of shares to cover tax liability. |
| 09/03/2024 | Date of report filing. |
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