Disclosed in a recent SEC filing, BETSY HOLDEN, Director at Western Union (NYSE:WU), made a strategic move by acquiring company stock options on February 26,.
What Happened: Uncovered in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, HOLDEN, Director at Western Union, executed an insider options move. This move consisted of acquiring stock options for 178,572 shares of WU, granting HOLDEN the right to purchase the company’s stock at an exercise price of $10.64 per share.
Currently, Western Union shares are trading down 0.0%, priced at $10.74 during Thursday’s morning. This values HOLDEN’s 178,572 shares at $17,839.
Delving into Western Union’s Background
Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2023 and is the largest money transfer company in the world.
Financial Insights: Western Union
Revenue Growth: Over the 3 months period, Western Union showcased positive performance, achieving a revenue growth rate of 0.56% as of 31 December, 2024. This reflects a substantial increase in the company’s top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among …
