BankUnited (BKU) director awarded 1,511 restricted shares under 2023 plan

Rhea-AI Filing Summary

SOBTI SANJIV reported acquisition or exercise transactions in this Form 4 filing.

BankUnited, Inc. director Sanjiv Sobti reported receiving a grant of 1,511 shares of common stock as a restricted share award. The grant was made at no cash cost under the BankUnited, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan.

The restricted shares have a grant date of May 21, 2026 and will vest in full on the earlier of the first anniversary of that date or the company’s next annual meeting of shareholders, if he continues serving as a director through vesting. Following this award, Sobti directly holds 20,327 BankUnited shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SOBTI SANJIV

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	1,511	$0.00	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 20,327 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares granted: 1,511 shares Grant price per share: $0.0000 per share Total shares after transaction: 20,327 shares +1 more

4 metrics

Restricted shares granted 1,511 shares Director equity award classified as grant/acquisition

Grant price per share $0.0000 per share Indicates non-cash compensation grant, not market purchase

Total shares after transaction 20,327 shares Direct BankUnited holdings for Sanjiv Sobti following award

Grant date May 21, 2026 Restricted share grant date for vesting schedule

Key Terms

restricted shares, Amended and Restated 2023 Omnibus Equity Incentive Plan, grant date, vesting

4 terms

restricted shares financial

"Reflects 1,511 restricted shares issued pursuant to the terms of the BankUnited, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan."

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Amended and Restated 2023 Omnibus Equity Incentive Plan financial

"Reflects 1,511 restricted shares issued pursuant to the terms of the BankUnited, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan."

grant date financial

"The restricted shares have a grant date of May 21, 2026, and will vest in full on the earlier of the first anniversary of the date of grant"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

vesting financial

"and will vest in full on the earlier of the first anniversary of the date of grant or the date of the issuer's next annual meeting of shareholders"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

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^*

SOBTI SANJIV

(Last) (First) (Middle)

C/O BANKUNITED, INC.

14817 OAK LANE

(Street)

MIAMI LAKES FLORIDA 33016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BankUnited, Inc. [ BKU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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, par value $0.01 per share	05/21/2026		A		1,511(1)	A	$0	20,327	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. Reflects 1,511 restricted shares issued pursuant to the terms of the BankUnited, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan. The restricted shares have a grant date of May 21, 2026, and will vest in full on the earlier of the first anniversary of the date of grant or the date of the issuer's next annual meeting of shareholders, subject to the reporting person's continued service as a director through the vesting date.

	/s/ Jacqueline Bravo, as Attorney-in-Fact	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BankUnited (BKU) director Sanjiv Sobti report?

Sanjiv Sobti reported receiving 1,511 restricted shares of BankUnited common stock. The award was granted at no cash cost as director equity compensation, increasing his direct holdings to 20,327 shares after the transaction, according to the Form 4 filing details.

How many BankUnited (BKU) shares does Sanjiv Sobti hold after this Form 4?

After the restricted stock award, Sanjiv Sobti directly holds 20,327 BankUnited shares. This total includes the newly granted 1,511 restricted shares issued under the company’s Amended and Restated 2023 Omnibus Equity Incentive Plan, as reported in the Form 4.

What are the vesting terms of Sanjiv Sobti’s 1,511 BankUnited restricted shares?

The 1,511 restricted shares vest in full on the earlier of one year from the May 21, 2026 grant date or the next annual shareholder meeting. Vesting is conditioned on Sobti’s continued service as a BankUnited director through the applicable vesting date, per the footnote disclosure.

Was Sanjiv Sobti’s BankUnited share grant an open-market purchase or compensation?

The Form 4 classifies the 1,511 BankUnited shares as a grant or award, not an open-market purchase. The transaction code “A” and zero dollar price indicate equity compensation granted under the 2023 Omnibus Equity Incentive Plan rather than a cash-funded market transaction.

Under which plan were Sanjiv Sobti’s BankUnited restricted shares granted?

The 1,511 restricted shares were issued under the BankUnited, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan. This plan provides for equity-based compensation, and the grant to Sobti reflects director-level awards subject to specified vesting conditions tied to continued board service.