Director at BankUnited (NYSE: BKU) sells 5,000 shares at $50.88
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BankUnited, Inc. director Sanjiv Sobti sold 5,000 shares of common stock on February 9, 2026 in an open-market transaction reported as a sale. The weighted average sale price was $50.88 per share, with individual trades ranging from $50.79 to $50.96 per share.
The transaction was executed under Rule 144 of the Securities Act. Following this sale, Sobti beneficially owns 18,816 shares of BankUnited common stock, held in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($254,400)
Net Sell
1 txn
Insider
SOBTI SANJIV
Role
Director
Sold
5,000 shs ($254K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 5,000 | $50.88 | $254K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 18,816 shares (Direct)
Footnotes (1)
- Reflects the sale of 5,000 shares of common stock by the reporting person under Rule 144 promulgated under the Securities Act of 1933, as amended. The shares were sold in multiple transactions on February 9, 2026 at actual sale prices ranging from $50.79 to $50.96 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did BankUnited (BKU) disclose in this Form 4?
The filing shows director Sanjiv Sobti sold 5,000 BankUnited common shares on February 9, 2026. The transaction was reported as an open-market sale under Rule 144 of the Securities Act of 1933, as amended.
What does it mean that the BankUnited (BKU) sale was under Rule 144?
The Form 4 states the 5,000-share sale was made under Rule 144. Rule 144 provides a safe harbor for resales of restricted or control securities, allowing insiders to sell shares publicly when specific conditions and volume limitations are satisfied.
Who is the reporting person in this BankUnited (BKU) Form 4 filing?
The reporting person is Sanjiv Sobti, identified as a director of BankUnited, Inc. The filing indicates the Form 4 is filed by one reporting person and that he is not listed as a 10% owner or officer of the company.