Form 4: Western Union Executive Sells Shares for Tax Obligations
Insider Transaction Report
Western Union's President of Europe, Africa, MEPA, Giovanni Angelini, disposed of 1,589 shares of common stock to cover tax obligations related to RSU vesting.
Summary
- Giovanni Angelini, President of Europe, Africa, MEPA for Western Union CO (WU), reported a transaction on February 24, 2026.
- The transaction involved the disposition of 1,589 shares of common stock at a price of $9.36 per share.
- These shares were withheld by Western Union to satisfy tax withholding obligations of Mr. Angelini.
- The tax obligation arose in connection with the vesting and settlement of 10,808 restricted stock units (RSUs).
- This RSU vesting represented the first installment of an award granted to Mr. Angelini on February 24, 2025.
- Following this reported transaction, Mr. Angelini beneficially owns 213,838 shares of Western Union common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax withholding transaction associated with the vesting of restricted stock units, which is a common form of executive compensation.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, specifically for tax withholding in this case, and are generally not indicative of broader industry trends or company-specific operational performance.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not a sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of restricted stock unit award grant to Giovanni Angelini. |
| 02/24/2026 | Date of transaction where shares were withheld for tax obligations related to RSU vesting. |
| 02/26/2026 | Date the Form 4 was signed by Lisa A. Atkins, as Attorney-in-Fact for Giovanni Angelini. |
Keywords
Western Union, WU, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Giovanni Angelini
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