BankUnited officer exercises units, disposes shares
BankUnited, Inc. subsidiary officer Rishi Bansal reported compensation-related equity moves involving performance and restricted share units on March 9, 2026.
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Rhea-AI Filing Summary
BankUnited, Inc. subsidiary officer Rishi Bansal reported compensation-related equity moves involving performance and restricted share units on March 9, 2026. He exercised 32,504 performance share units and 16,866 restricted share units, receiving the same number of common shares at a conversion price of $0.00 per share. He then disposed of 49,370 common shares to the issuer at $44.76 per share, a disposition recorded as a transfer back to BankUnited rather than an open-market sale. After these transactions, Bansal directly owned 19,327 common shares, the same number he held before exercising the units, indicating his direct share ownership remained unchanged while vested awards were settled.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Unit | 32,504 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit | 16,866 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 32,504 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 16,866 | $0.00 | $0.00 |
| Disposition | Common Stock, par value $0.01 per share | 49,370 | $44.76 | $2.21M |
Footnotes (4)
- F1. Each performance share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock.
- F2. Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock.
- F3. 32,504 performance share units vested on December 31, 2025 and are fully vested.
- F4. 8,308 restricted share units that vested on December 31, 2025 were granted under the BankUnited, Inc. 2014 Omnibus Equity Incentive Plan. The units granted under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan include 8,558 units that vested on December 31, 2025; 8,557 units that will vest on December 31, 2026; and 3,885 units that will vest on December 31, 2027.
FAQ
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What did BankUnited (BKU) officer Rishi Bansal report in this Form 4?
What future vesting of BankUnited (BKU) restricted units is disclosed?
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