Form 4: Western Union Executive Cherie Axelrod Reports Stock Disposal
SEC Form 4 Filing
Cherie Axelrod, Chief Enterprise Risk Officer at Western Union, reported the disposal of 2,341 shares of common stock on February 26, 2025, to cover tax obligations.
Summary
- Cherie Axelrod, Chief Enterprise Risk Officer of Western Union, filed a Form 4 on February 28, 2025.
- The report details a transaction on February 26, 2025, where 2,341 shares of Western Union common stock were disposed of at a price of $10.74 per share.
- This disposal was likely to cover tax obligations related to vesting equity.
- Following the transaction, Axelrod directly owns 100,296 shares of Western Union common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for executives managing their equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock disposal transaction |
| 02/28/2025 | Date of Form 4 filing |
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