Form 4: TransUnion Executive Heather J. Russell Reports Stock Grant and Disposal
SEC Form 4 Filing
EVP and Chief Legal Officer of TransUnion, Heather J. Russell, reports the acquisition of 10,524 shares of common stock through a grant and the disposal of 39,744 shares.
Summary
- Heather J. Russell, EVP and Chief Legal Officer of TransUnion, filed a Form 4 with the SEC.
- The report details changes in beneficial ownership of TransUnion stock.
- On February 28, 2024, Russell acquired 10,524 shares of common stock through a grant.
- The same day, Russell disposed of 39,744 shares.
- Following these transactions, Russell beneficially owns 39,744 shares of TransUnion stock.
- The acquired shares are restricted stock units that vest ratably over three years.
- The vesting schedule is 33% on August 28, 2025, 33% on August 28, 2026, and 34% on August 28, 2027.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock grant and disposal |
| 02/29/2024 | Date of signature on the report |
| 08/28/2025 | First vesting date for restricted stock units (33%) |
| 08/28/2026 | Second vesting date for restricted stock units (33%) |
| 08/28/2027 | Final vesting date for restricted stock units (34%) |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.