Form 4: Western Union Officer Sells Shares for Tax Purposes
Insider Transaction Report
Western Union President Giovanni Angelini disposed of 621 common shares for tax purposes at $8.06 per share, retaining 176,932 shares.
Summary
- Giovanni Angelini, President Europe, Africa, MEPA at Western Union CO (WU), reported a transaction involving company common stock.
- The transaction, dated October 2, 2025, involved the disposition of 621 shares.
- The shares were disposed of at a price of $8.06 per share.
- This disposition was coded 'F', indicating payment of tax liability by withholding securities.
- Following this transaction, Giovanni Angelini beneficially owns 176,932 shares of Western Union common stock.
- The transaction was made pursuant to a Rule 10b5-1 plan.
Sentiment
Score: 5
Explanation: The transaction is a non-discretionary disposition of shares for tax purposes, which is a routine event and does not typically reflect a change in management's outlook on the company's performance.
Stakeholder Impact
- Shareholders: A minor, non-discretionary sale by an executive, unlikely to have a material impact on shareholder sentiment or stock price.
Key Dates
| Date | Description |
|---|---|
| 10/02/2025 | Transaction Date and Deemed Execution Date for the disposition of common stock. |
| 10/06/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
Western Union, WU, Giovanni Angelini, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Rule 10b5-1
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