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 2,793 shares of common stock on August 28, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On August 28, 2024, Todd M. Cello, the EVP & CFO of TransUnion, disposed of 2,793 shares of TransUnion's common stock.
- The disposal was executed to cover tax liabilities associated with the vesting of restricted stock units granted on February 28, 2023.
- The shares were disposed of at a price of $95.26 per share.
- Following the transaction, Cello directly owns 84,289 shares of TransUnion common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| February 28, 2023 | Date of grant for the restricted stock units that triggered the tax liability. |
| August 28, 2024 | Date of the stock disposal to cover tax liabilities. |
| August 30, 2024 | Date of signature for the Form 4 filing. |
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