Form 4: TransUnion EVP, CHRO Susan W. Muigai Reports Tax Liability Share Withholding
SEC Form 4 Filing
Susan W. Muigai, EVP, CHRO of TransUnion, reports the withholding of 887 common stock shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On August 28, 2024, Susan W. Muigai, EVP, CHRO of TransUnion, had 887 shares of common stock withheld by the company to cover tax liabilities.
- This withholding was related to the vesting of restricted stock units granted on February 28, 2023.
- Following the transaction, Muigai directly owns 29,046 shares of TransUnion common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax withholding procedures. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a standard SEC Form 4 filing, reflecting a common practice of companies withholding shares to cover tax obligations when restricted stock units vest. It's a routine transaction and doesn't necessarily indicate a change in the executive's outlook on the company.
Comparison to Industry Standards
- Similar transactions are common among executives at publicly traded companies like Equifax and Experian, which are TransUnion's main competitors.
- These filings are a standard part of executive compensation and equity management.
Key Dates
| Date | Description |
|---|---|
| February 28, 2023 | Date of grant for the restricted stock units. |
| August 28, 2024 | Date of the stock withholding for tax liability. |
| August 30, 2024 | Date of signature on the Form 4 filing. |
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