Form 4: Western Union CFO Matthew Cagwin Reports Acquisition of Stock and Stock Options

Western Union's Chief Financial Officer, Matthew Cagwin, reported acquiring common stock and employee stock options on February 24, 2025.

Summary

• On February 24, 2025, Matthew Cagwin, the Chief Financial Officer of Western Union, reported acquiring 72,886 shares of common stock and 445,690 employee stock options.
• The common stock was acquired at a price of $0.00, while the exercise price for the stock options is $10.64.
• The stock options vest in four substantially equal annual installments beginning on February 24, 2026, and expire on February 24, 2035.
• The restricted stock units vest in three substantially equal installments on February 24, 2026, 2027, and 2028.
• Following the reported transactions, Cagwin directly owns 228,814.361 shares of common stock and 445,690 employee stock options.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock and options.

Comparison to Industry Standards

• Insider trading disclosures are standard practice for publicly listed companies like Western Union.
• The vesting schedules for the restricted stock units and stock options are typical for executive compensation packages, often designed to incentivize long-term performance.
• Companies like MoneyGram and Remitly, which are competitors of Western Union, also have similar insider trading reporting requirements and executive compensation structures.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the CFO's holdings and transactions in company stock.
• The vesting schedules for the stock options and restricted stock units align the CFO's interests with those of long-term shareholders.

Key Dates