Form 4: Western Union Director Acquires Stock Options
SEC Form 4 Filing
Jeffrey A. Joerres, a director at Western Union, acquired 339,162 stock options on February 26, 2024.
Summary
- On February 26, 2024, Jeffrey A. Joerres, a director and Non-Executive Chairman at Western Union, acquired 339,162 stock options.
- The options have an exercise price of $12.80.
- The options become exercisable on February 26, 2025, and expire on February 26, 2034.
- Following the transaction, Joerres directly owns 339,162 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing the acquisition of stock options by a company director. It doesn't inherently convey positive or negative sentiment.
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 insiders.
Stakeholder Impact
- The acquisition of stock options by a director could be perceived positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: acquisition of stock options. |
| 02/26/2025 | Date the stock options become exercisable. |
| 02/26/2034 | Expiration date of the stock options. |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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