STOCK TITAN

Uniti Group (UNIT) exec reports PBRSU vesting and tax share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Uniti Group Inc. executive Daniel L. Heard reported equity compensation-related transactions in company stock. On the vesting of performance-based restricted stock units granted in 2023, he acquired 14,729 shares of common stock at no cost. To cover tax obligations from this vesting, 6,827 shares were automatically withheld and disposed of at a price of $8.06 per share. Following these award and tax-withholding transactions, he directly owned 456,138 shares of Uniti Group common stock.

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Insider HEARD DANIEL L
Role SEVP, Gen. Counsel & Secretary
Type Security Shares Price Value
Grant/Award COMMON STOCK 14,729 $0.00 --
Tax Withholding COMMON STOCK 6,827 $8.06 $55K
Holdings After Transaction: COMMON STOCK — 462,965 shares (Direct)
Footnotes (1)
  1. 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. 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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HEARD DANIEL L

(Last) (First) (Middle)
2101 RIVERFRONT DRIVE, SUITE A

(Street)
LITTLE ROCK AR 72202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Uniti Group Inc. [ UNIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP, Gen. Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 03/05/2026 A 14,729(1) A $0 462,965 D
COMMON STOCK 03/05/2026 F 6,827(2) D $8.06 456,138 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ DANIEL L. HEARD 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Uniti Group (UNIT) report for Daniel L. Heard?

Daniel L. Heard reported equity compensation activity involving Uniti Group common stock. He received 14,729 shares upon vesting of 2023 performance-based RSUs, and 6,827 shares were withheld and disposed of to satisfy related tax obligations, leaving him with 456,138 directly owned shares.

Was the Uniti Group (UNIT) Form 4 a stock purchase or sale by the executive?

The Form 4 reflects compensation-related transactions, not open-market trading. Heard acquired 14,729 shares through vesting of performance-based restricted stock units, while 6,827 shares were disposed of solely to cover tax liabilities arising from that vesting, according to the filing’s footnotes.

How many Uniti Group (UNIT) shares does Daniel L. Heard own after these transactions?

After the reported Form 4 transactions, Daniel L. Heard directly owns 456,138 shares of Uniti Group common stock. This figure reflects both the vesting-related share acquisition and the shares withheld and disposed of to satisfy tax obligations connected with those performance-based restricted stock units.

What is the nature of the share acquisition reported by Uniti Group (UNIT) for Daniel L. Heard?

The share acquisition is a grant or award tied to prior equity incentives. Heard acquired 14,729 Uniti Group common shares at no cost when performance-based restricted stock units granted in 2023 vested, as described in the Form 4 and related explanatory footnote (PBRSU vesting event).

Why were some Uniti Group (UNIT) shares disposed of in Daniel L. Heard’s Form 4?

The 6,827 shares labeled with transaction code “F” were withheld and disposed of to satisfy tax obligations. The filing explains these shares were used to cover the tax liability that arose from the vesting of the 2023 performance-based restricted stock units granted to Heard.

At what price were the Uniti Group (UNIT) shares disposed of for tax withholding?

The shares disposed of for tax withholding were priced at $8.06 per Uniti Group common share. A total of 6,827 shares were withheld and disposed of at this price to satisfy Daniel L. Heard’s tax obligations resulting from the vesting of performance-based restricted stock units.