Form 4: Western Union Chief Legal Officer Adams Reports Stock Disposal
SEC Form 4 Filing
Benjamin Carlton Adams, Chief Legal Officer of Western Union, reported disposing of 8,040 shares of common stock on June 1, 2024, to cover tax obligations.
Summary
- On June 1, 2024, Benjamin Carlton Adams, the Chief Legal Officer of Western Union, disposed of 8,040 shares of Western Union common stock.
- The transaction was executed at a price of $12.8 per share.
- Following the transaction, Adams directly owns 127,167 shares of Western Union common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock disposal for tax purposes, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The disposal of shares by a high-ranking officer could be perceived negatively by shareholders if not understood as a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock disposal transaction |
| 06/03/2024 | Date of signature on the Form 4 filing |
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.