February 19, 2024 · Form 4 insider transaction
McKenney Richard P sold 24,202 shares of Unum Group at $48.73 per share, a transaction worth $1.18M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Shares withheld to satisfy tax withholding obligation applicable to the vesting of 61,502 SSUs (as defined in footnote (2) below), representing the second vesting tranche, or approximately one-third, of the SSUs originally granted on August 20, 2020, and the certification of the achievement of the performance metrics for the performance period from January 1, 2021 to December 31, 2023.; Includes 250,313 restricted stock units, 63,365 stock success units, and 813,075 shares of common stock. All restricted stock units ("stock-settled RSUs") and stock success units ("SSUs") may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.