Form 4: Western Union Director Suzette Deering Acquires 15,625 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Suzette Deering acquired 15,625 shares of Western Union common stock on February 26, 2024, as part of a restricted stock option award.

Summary

  • On February 26, 2024, Suzette Deering, a director of Western Union CO, acquired 15,625 shares of common stock.
  • The acquisition was part of a restricted stock option award.
  • The price per share was $0.0000.
  • Following the transaction, Deering directly owns 19,084 shares of Western Union common stock.
  • The restricted stock option vests in full on the first anniversary of the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock acquisition by a director, which can be seen as a slightly positive sign of confidence, but it's not a major event.

Positives

  • A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock option vests in full on the first anniversary of the grant date, suggesting a continued alignment of the director's interests with the company's performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Key Dates

DateDescription
02/26/2024Date of transaction: Suzette Deering acquired 15,625 shares of Western Union common stock.
02/28/2024Date of signature on the Form 4 filing.

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