Form 4: Western Union Chief Legal Officer Disposes of Shares for Tax Obligations

Western Union's Chief Legal Officer, Benjamin Carlton Adams, disposed of 13,866 shares of common stock at $9.28 per share to cover tax liabilities, retaining 133,475 shares.

Summary

• Benjamin Carlton Adams, the Chief Legal Officer of Western Union CO (WU), reported a change in beneficial ownership.
• On June 2, 2025, Mr. Adams disposed of 13,866 shares of Western Union Common Stock.
• The disposition was executed at a price of $9.28 per share.
• The transaction code 'F' indicates that these shares were disposed of to satisfy tax withholding obligations.
• Following this transaction, Mr. Adams directly beneficially owns 133,475 shares of Western Union Common Stock.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction for tax purposes, which is generally considered neutral in terms of company performance or outlook.

Positives

• The transaction represents a routine disposition of shares to cover tax liabilities, indicating compliance with tax obligations related to equity compensation.

Negatives

• The disposition reduces the direct beneficial ownership of shares by a key executive, although it is not a discretionary sale but rather for tax purposes.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is specific to an individual insider's transaction and does not provide broader insights into industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The impact is minimal as it's a routine tax-related disposition by an insider, not a discretionary sale indicating a change in confidence.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Western Union, WU, Form 4, Insider Transaction, Beneficial Ownership, Stock Disposition, Chief Legal Officer, Benjamin Carlton Adams, Tax Withholding