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Director Michael J. Dowling receives 1,511 BKU restricted shares (NYSE: BKU)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DOWLING MICHAEL J. reported acquisition or exercise transactions in this Form 4 filing.

BankUnited, Inc. director Michael J. Dowling received a grant of 1,511 shares of restricted common stock under the company’s Amended and Restated 2023 Omnibus Equity Incentive Plan. These restricted shares were granted on May 21, 2026 and will vest in full on the earlier of the first anniversary of the grant date or the company’s next annual shareholder meeting, subject to his continued service as a director. Following this equity award, Dowling directly holds 26,327 BankUnited common shares.

Positive

  • None.

Negative

  • None.
Insider DOWLING MICHAEL J.
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 — 26,327 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 1,511 shares Equity award to director on May 21, 2026
Grant price per share $0.00 per share Reported transaction price for restricted stock grant
Shares held after grant 26,327 shares Director Michael J. Dowling direct ownership after transaction
Vesting schedule Earlier of 1 year or next annual meeting Vesting condition for 1,511 restricted shares, subject to continued service
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."
vest in full 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 or the date of the issuer's next annual meeting of shareholders."
continued service as a director financial
"subject to the reporting person's continued service as a director through the vesting date."
SEC Form 4
FORM 4UNITED 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*
DOWLING MICHAEL J.

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share05/21/2026A1,511(1)A$026,327D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact05/21/2026
** Signature of Reporting PersonDate
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) report for Michael J. Dowling?

BankUnited reported that director Michael J. Dowling received 1,511 restricted shares of common stock as an equity award. The shares were granted at no cash cost to him as part of the company’s Amended and Restated 2023 Omnibus Equity Incentive Plan.

How many BankUnited (BKU) shares does Michael J. Dowling hold after this grant?

After the restricted stock grant, Michael J. Dowling directly holds 26,327 BankUnited common shares. This total includes the 1,511 newly granted restricted shares, which remain subject to vesting conditions tied to his continued service as a director.

When do Michael J. Dowling’s new BankUnited (BKU) restricted shares vest?

The 1,511 restricted shares granted to Michael J. Dowling vest in full on the earlier of the first anniversary of the May 21, 2026 grant date or the date of BankUnited’s next annual shareholder meeting, assuming he continues serving as a director through that vesting date.

What plan governs the new restricted stock award at BankUnited (BKU)?

The restricted stock award to Michael J. Dowling was issued under BankUnited’s Amended and Restated 2023 Omnibus Equity Incentive Plan. This plan allows the company to grant equity-based compensation, such as restricted shares, to directors and other eligible participants as part of their compensation.

Did Michael J. Dowling buy BankUnited (BKU) shares in the market?

No, the filing shows Michael J. Dowling did not buy shares in the open market. He received 1,511 restricted shares as a grant with a reported price per share of $0.00, reflecting a compensation award rather than a cash purchase transaction.