Form 4: TransUnion Executive Timothy J. Martin Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP of Global Solutions at TransUnion, Timothy J. Martin, reports disposing of 1,787 shares of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On August 28, 2024, Timothy J. Martin, EVP Global Solutions at TransUnion, disposed of 1,787 shares of TransUnion common stock.
- The disposal was executed to cover tax liabilities associated with the vesting of restricted stock units granted on February 28, 2023.
- The price per share for the transaction was $95.26.
- Following the transaction, Martin directly owns 51,739 shares of TransUnion common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
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 transaction. |
| August 30, 2024 | Date of signature on the Form 4 filing. |
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