BankUnited insider sells 4,000 shares at $48.67
BankUnited, Inc. subsidiary officer Jay D. Richards reported an open-market sale of 4,000 shares of common stock at $48.67 per share.
Rhea-AI Filing Summary
BankUnited, Inc. subsidiary officer Jay D. Richards reported an open-market sale of 4,000 shares of common stock at $48.67 per share. The transaction was executed under Rule 144 under the Securities Act of 1933. Following this sale, he directly owns 40,502 shares of BankUnited common stock.
Insights
Routine Rule 144 sale of a modest share block by a BankUnited officer.
Jay D. Richards, an officer of a BankUnited subsidiary, sold 4,000 shares of common stock at $48.67 per share in an open-market transaction. The sale was conducted under Rule 144, which governs resales of restricted and control securities.
After the transaction, he holds 40,502 shares directly, indicating he retains a substantial position relative to the shares sold. There are no derivative positions disclosed in this filing, and no references to pre-arranged trading plans, so the event appears to be a straightforward liquidity transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 4,000 | $48.67 | $195K |
Footnotes (1)
- F1. Reflects the sale of 4,000 shares of common stock by the reporting person under Rule 144 promulgated under the Securities Act of 1933, as amended.
Key Figures
Key Terms
Rule 144 regulatory
open-market sale financial
Form 4 regulatory
non-derivative financial
FAQ
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What insider transaction did BankUnited (BKU) report for Jay D. Richards?
Was the BankUnited (BKU) insider sale made under Rule 144?
Does the BankUnited (BKU) Form 4 show any derivative security exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.