Gunderman Kenny 4
4 · Uniti Group Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Uniti (UNIT) CEO Kenny Gunderman Receives 66,740 Shares; 30,934 Withheld
What Happened Kenny Gunderman, President & Chief Executive Officer and Director of Uniti Group Inc. (UNIT), received 66,740 shares on March 5, 2026 in connection with the vesting of performance-based restricted stock units (PBRSUs) granted in 2023 (transaction code A). Of those, 30,934 shares were withheld to satisfy tax obligations (transaction code F) at an indicated withholding value of $8.06 per share, totaling $249,328. The award shares were reported with an acquisition price of $0.00 (typical for vested RSUs).
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026.
- Award: 66,740 shares acquired via PBRSU vesting (code A) at $0.00.
- Tax withholding: 30,934 shares withheld (code F) at $8.06/share = $249,328 withheld.
- Shares owned after transaction: not stated in the information provided.
- Footnotes: (F1) Shares from 2023 PBRSU vesting; (F2) Withholding to satisfy tax obligations.
- Timeliness: Filing occurred 4 days after the transaction; Form 4s are typically due within 2 business days, so this appears later than the usual reporting window.
Context This was an equity award vesting and a routine tax-withholding event, not an open-market purchase or voluntary sale. Withholding shares to cover taxes is common after RSU/PBRSU vesting and does not necessarily indicate a change in the insider’s market view.
Insider Transaction Report
- Award
COMMON STOCK
[F1]2026-03-05+66,740→ 2,072,719 total - Tax Payment
COMMON STOCK
[F2]2026-03-05$8.06/sh−30,934$249,328→ 2,041,785 total
Footnotes (2)
- [F1]These shares were acquired by the reporting person in connection with the vesting of performance-based restricted stock units (PBRSUs) granted to the reporting person in 2023.
- [F2]These shares were withheld to satisfy the reporting person's tax obligations that arose in connection with the vesting of the PBRSUs discussed in footnote (1) above.