Unum Group SVP Walter Rice sells $206,361 in common stock

Walter Lynn Rice Jr., Senior Vice President and Chief Accounting Officer at Unum Group, sold 2,188 shares of the company's common stock on September 10, 2026. The shares were sold at $94.315 each, resulting in a total transaction value of $206,361. The stock price was trading close to its 52-week high of $96.77 at the time of the sale.

This follows a notable 32% increase over the past six months for the stock. On the same day, Rice transferred 239 shares of Unum Group common stock without any consideration exchanged. After these transactions, Rice directly owns 7,915 shares of Unum Group common stock. This includes 5,404 stock-settled restricted stock units, which are convertible into common stock at a one-to-one ratio, and an additional 2,511 shares of common stock.

Unum Group, an insurance company valued at $14.9 billion, has a price-to-earnings ratio of 22.12 and offers a dividend yield of 2.14%. Analysts suggest that the stock is near its fair value, with subscribers to InvestingPro gaining access to 10 additional ProTips and comprehensive Pro Research Reports on this and 1,400+ other US equities.

Recently, Unum Group reported its Q2 2026 financial results, meeting Wall Street's expectations with adjusted operating earnings of $2.16 per share. The company's revenue for the quarter was $3.37 billion, surpassing the expected $2.90 billion. However, the stock saw a decline in premarket trading due to concerns about margin pressures in the U.S. disability and U.K. units.

This mixed reaction highlights investor focus on both the positive revenue performance and the underlying business challenges.