Form 4: Western Union CEO Devin McGranahan Reports Stock Disposal

Western Union's CEO, Devin McGranahan, reported the disposal of 21,287 shares of common stock on February 23, 2025, at a price of $10.66 per share.

Summary

• On February 23, 2025, Devin McGranahan, CEO and President of Western Union, disposed of 21,287 shares of common stock.
• The transaction was executed at a price of $10.66 per share.
• Following the transaction, McGranahan directly owns 514,219 shares of Western Union common stock.
• The report was filed on February 25, 2025, by Benjamin C. Adams as Attorney-in-Fact, indicating McGranahan has a Power of Attorney agreement in place.
• McGranahan granted Power of Attorney to Ben Adams, Cornelia DiCenso, and Emily Treaster to execute and file Forms 3, 4, and 5 on his behalf.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock disposal. The size of the transaction is not significant enough to indicate strong 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.

Comparison to Industry Standards

• Executive stock transactions are common and closely monitored in the financial industry.
• Similar filings are made by executives at companies like MoneyGram and Remitly, reflecting their individual investment decisions.
• The size and frequency of these transactions are often compared to industry peers to assess executive sentiment and potential impact on stock performance.

Stakeholder Impact

• The disposal of shares by the CEO could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons behind the sale.
• The impact on employees, customers, suppliers, and creditors is likely minimal unless the transaction signals a significant change in the company's direction or financial health.

Key Dates