FRILOUX MICHAEL 4
4 · Uniti Group Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Uniti Group (UNIT) SEVP & CTO Michael Friloux Receives Award; Shares Withheld
What Happened Michael Friloux, Senior EVP & Chief Technology Officer of Uniti Group (UNIT), had 11,968 performance-based restricted stock units (PBRSUs) vest on March 5, 2026 (award/acquisition). Concurrently, 5,697 of those shares were withheld to satisfy tax withholding obligations — those withheld shares were reported as a disposition with a per-share value of $8.06, totaling $45,918. The vested shares were acquired at $0.00 cost to Friloux (typical for RSU vesting).
Key Details
- Transaction dates: March 5, 2026 (vesting and tax withholding); Form 4 filed March 9, 2026 (timely).
- Award: 11,968 shares acquired on vesting at $0.00 (code A).
- Tax withholding/disposition: 5,697 shares withheld at $8.06 per share, total $45,918 (code F).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — shares were from 2023 PBRSU grants that vested; F2 — withheld shares were used to satisfy tax obligations on the vesting.
- Filing timeliness: filed within the required period (no late filing indicated).
Context This filing reflects the vesting of performance-based RSUs and a routine tax-withholding event, not an open-market sale. Withheld shares are commonly used to cover tax liabilities and do not necessarily indicate a change in the insider’s market view.
Insider Transaction Report
- Award
COMMON STOCK
[F1]2026-03-05+11,968→ 383,960 total - Tax Payment
COMMON STOCK
[F2]2026-03-05$8.06/sh−5,697$45,918→ 378,263 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.