Form 4: Western Union COO Sells Shares for Tax Obligations

Western Union's Chief Operating Officer, Benjamin Scott Hawksworth, disposed of 4,224 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Benjamin Scott Hawksworth, Chief Operating Officer of Western Union Co. (WU), reported a transaction on February 26, 2026.
• The transaction involved the disposal of 4,224 shares of Western Union Common Stock at a price of $9.53 per share.
• These shares were withheld by the company to satisfy tax withholding obligations arising from the vesting and settlement of 8,594 restricted stock units.
• The vested restricted stock units represent the second installment of an award granted to Mr. Hawksworth on February 26, 2024.
• Following this transaction, Mr. Hawksworth beneficially owns 126,860 shares of Western Union Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine tax-related transaction for executive compensation rather than a discretionary sale or a reflection of company performance.

Future Outlook

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

Industry Context

StockSavvy.ai notes that routine insider transactions, such as sales to cover tax obligations upon restricted stock unit vesting, are common across industries and generally do not signal a change in management's confidence or company fundamentals. This type of transaction is a standard component of executive compensation plans.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, non-discretionary transaction related to executive compensation and tax obligations.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Western Union, WU, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Executive Compensation, Benjamin Scott Hawksworth, Chief Operating Officer