Form 4: Western Union Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Giovanni Angelini, President of Europe and Africa at Western Union, disposed of 3,760 shares of common stock on May 6, 2024, to cover tax obligations.
Summary
- On May 6, 2024, Giovanni Angelini, President of Europe and Africa at Western Union, disposed of 3,760 shares of Western Union common stock.
- The transaction was executed at a price of $13.31 per share.
- The disposal was to cover tax obligations.
- Following the transaction, Angelini directly owns 126,232 shares of Western Union common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Giovanni Angelini disposed of 3,760 shares of Western Union common stock. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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