Form 4: Western Union CFO Matthew Cagwin Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Matthew Cagwin, CFO of Western Union, disposed of 9,715 shares of common stock on February 22, 2025, to cover tax obligations.
Summary
- On February 22, 2025, Matthew Cagwin, the Chief Financial Officer of Western Union, disposed of 9,715 shares of Western Union common stock.
- The transaction was executed at a price of $10.66 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option awards.
- Following the transaction, Cagwin directly owns 155,928.361 shares of Western Union common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to ensure transparency and compliance with securities regulations. This transaction is a common occurrence for executives who receive stock-based compensation.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of Power of Attorney execution. |
| 02/22/2025 | Date of transaction: Disposal of shares. |
| 02/25/2025 | Date of Form 4 filing. |
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