[Form 3] BankUnited, Inc. Initial Statement of Beneficial Ownership
BankUnited, Inc. (BKU) reported the equity holdings of its Chief Financial Officer in a beneficial ownership filing. The filing shows the officer holds 26,810 restricted share units tied to BankUnited common stock under the company’s 2023 Omnibus Equity Incentive Plan. According to the vesting schedule, 8,937 units will vest on August 20, 2026, 8,936 units will vest on August 20, 2027, and 8,937 units will vest on August 20, 2028. Each unit represents the right to receive either one share of common stock or cash equal to the fair market value of one share at settlement.
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FAQ
What did BankUnited, Inc. (BKU) disclose in this ownership filing?
BankUnited, Inc. disclosed the equity holdings of its Chief Financial Officer, reporting 26,810 restricted share units related to BankUnited common stock.
Who is the reporting person in the BankUnited (BKU) filing and what is their role?
The reporting person is an officer of BankUnited, Inc., serving as the Chief Financial Officer, and this filing reports their beneficial ownership of company equity awards.
How many restricted share units does the BankUnited (BKU) CFO beneficially own?
The Chief Financial Officer beneficially owns 26,810 restricted share units granted under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan.
What is the vesting schedule for the BankUnited (BKU) restricted share units?
The filing states that 8,937 units will vest on August 20, 2026, 8,936 units will vest on August 20, 2027, and 8,937 units will vest on August 20, 2028.
What does each restricted share unit represent for BankUnited (BKU)?
Each restricted share unit represents the right to receive, at settlement, one share of BankUnited common stock or cash equal to the fair market value of one share of common stock.
Under which plan were the BankUnited (BKU) restricted share units granted?
The restricted share units were granted pursuant to the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan, as stated in the filing.