BankUnited (BKU) officer settles 49,370 units, returns shares to issuer

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

49,370 shares exercised/converted

Mixed 5 txns

Insider Bansal Rishi

Role Officer of Subsidiary

Type	Security	Shares	Price	Value
Exercise	Performance Share Unit	32,504	$0.00	--
Exercise	Restricted Share Unit	16,866	$0.00	--
Exercise	Common Stock, par value $0.01 per share	32,504	$0.00	--
Exercise	Common Stock, par value $0.01 per share	16,866	$0.00	--
Disposition	Common Stock, par value $0.01 per share	49,370	$44.76	$2.21M

Holdings After Transaction: Performance Share Unit — 0 shares (Direct); Restricted Share Unit — 12,442 shares (Direct); Common Stock, par value $0.01 per share — 51,831 shares (Direct)

Footnotes (1)

1. 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. 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. 32,504 performance share units vested on December 31, 2025 and are fully vested. 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/11/2026 - 05:14 PM Learn about SEC filing dates

FAQ

What did BankUnited (BKU) officer Rishi Bansal report in this Form 4?

Rishi Bansal reported exercising performance and restricted share units into 49,370 common shares and then disposing of 49,370 shares back to BankUnited at $44.76 per share, leaving his direct holdings unchanged at 19,327 shares.

How many BankUnited (BKU) performance share units did Bansal exercise?

He exercised 32,504 performance share units, each convertible into one share of common stock or an equivalent cash amount. These units had fully vested by December 31, 2025, according to the disclosure footnotes describing the vesting terms.

What restricted share unit activity did the BankUnited (BKU) filing show?

The filing shows Bansal exercised 16,866 restricted share units into the same number of common shares at a conversion price of $0.00. Footnotes explain these units were granted under BankUnited’s 2014 and 2023 Omnibus Equity Incentive Plans with scheduled vesting dates.

Did Rishi Bansal sell BankUnited (BKU) shares on the open market?

No, the disposition of 49,370 shares was coded as a “Disposition to issuer” (code D), meaning the shares were transferred back to BankUnited at $44.76 per share rather than sold in open-market transactions to public investors.

How did these transactions affect Bansal’s BankUnited (BKU) share ownership?

After exercising units and disposing of the resulting 49,370 shares to the issuer, Bansal’s direct holdings were 19,327 common shares. This matches his implied pre-transaction level, so his direct equity stake reported in this filing did not change.

What future vesting of BankUnited (BKU) restricted units is disclosed?

Footnotes state Bansal holds restricted units scheduled to vest on December 31, 2026 and December 31, 2027. These include 8,557 units vesting in 2026 and 3,885 units vesting in 2027 under the 2023 Omnibus Equity Incentive Plan.

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^*

Bansal Rishi

(Last) (First) (Middle)

C/O BANKUNITED, INC.

14817 OAK LANE

(Street)

MIAMI LAKES FL 33016

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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

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

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

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	03/09/2026		M		32,504	A	$0(1)	51,831	D
Common Stock, par value $0.01 per share	03/09/2026		M		16,866	A	$0(2)	68,697	D
Common Stock, par value $0.01 per share	03/09/2026		D		49,370	D	$44.76	19,327	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
Performance Share Unit	(1)	03/09/2026		M			32,504	(3)	(3)	Common Stock, par value $0.01 per share	32,504	$0	0	D
Restricted Share Unit	(2)	03/09/2026		M			16,866	(4)	(4)	Common Stock, par value $0.01 per share	16,866	$0	12,442	D

Explanation of Responses:

1. 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.

2. 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.

3. 32,504 performance share units vested on December 31, 2025 and are fully vested.

4. 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.

Remarks:

The Reporting Person is the Chief Investment Officer of BankUnited, N.A., a wholly owned subsidiary of BankUnited, Inc.

	/s/ Jacqueline Bravo, as Attorney-in-Fact	03/10/2026
	** 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).
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