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BankUnited (BKU) subsidiary officer granted 8,690 restricted share units as equity pay

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

Rhea-AI Filing Summary

BankUnited, Inc. reported that subsidiary officer Rishi Bansal received a grant of 8,690 restricted share units on common stock as equity compensation. Each unit represents the right to receive one share of common stock or cash equal to its fair market value at settlement.

The award was issued under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan and vests in three installments: 2,897 units on December 31, 2026, 2,896 units on December 31, 2027, and 2,897 units on December 31, 2028. Following this grant, Bansal holds 21,132 restricted share units in total, reflecting a routine compensation-related acquisition rather than an open-market purchase.

Positive

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Insider Bansal Rishi
Role Officer of Subsidiary
Type Security Shares Price Value
Grant/Award Restricted Share Unit 8,690 $0.00 --
Holdings After Transaction: Restricted Share Unit — 21,132 shares (Direct)
Footnotes (1)
  1. 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. Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan. 2,897 units will vest on December 31, 2026; 2,896 on December 31, 2027; and 2,897 on December 31, 2028.
RSUs granted 8,690 units Restricted share unit grant on April 1, 2026
RSUs after grant 21,132 units Total restricted share units held following transaction
First vesting tranche 2,897 units Scheduled to vest on December 31, 2026
Second vesting tranche 2,896 units Scheduled to vest on December 31, 2027
Third vesting tranche 2,897 units Scheduled to vest on December 31, 2028
Exercise price $0.00 per unit Restricted share units granted at no exercise cost
Restricted Share Unit financial
"Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
Omnibus Equity Incentive Plan financial
"Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
fair market value financial
"cash in an amount equal to the fair market value of one share of common stock"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
settlement financial
"represents the right to receive, at settlement, one share of common stock or cash"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
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*
Bansal Rishi

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Officer of Subsidiary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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
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
Restricted Share Unit(1)04/01/2026A8,690 (2) (2)Common Stock, par value $0.01 per share8,690$021,132D
Explanation of Responses:
1. 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.
2. Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan. 2,897 units will vest on December 31, 2026; 2,896 on December 31, 2027; and 2,897 on December 31, 2028.
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-Fact04/02/2026
** 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 did BankUnited (BKU) disclose about Rishi Bansal in this Form 4?

BankUnited disclosed that subsidiary officer Rishi Bansal received a grant of 8,690 restricted share units. These units are a form of equity compensation tied to BankUnited common stock and will settle in shares or cash based on fair market value at vesting.

How many restricted share units did BankUnited (BKU) grant to Rishi Bansal?

BankUnited granted 8,690 restricted share units to officer Rishi Bansal. Each unit represents the right to receive one share of common stock or its cash equivalent, aligning his compensation with shareholder interests over a multi-year vesting period.

What is the vesting schedule for Rishi Bansal’s BKU restricted share units?

The 8,690 restricted share units vest in three installments: 2,897 units on December 31, 2026, 2,896 on December 31, 2027, and 2,897 on December 31, 2028. This staggered schedule encourages longer-term retention and performance alignment.

How many restricted share units does Rishi Bansal hold in BankUnited (BKU) after this grant?

After this grant, Rishi Bansal holds 21,132 restricted share units. This total reflects his accumulated equity-based compensation and shows the size of his incentive position tied to BankUnited’s common stock performance over time.

Is Rishi Bansal’s BKU Form 4 transaction an open-market stock purchase or a compensation grant?

The Form 4 shows a compensation grant, not an open-market purchase. The 8,690 restricted share units were issued with a transaction code A, indicating a grant or award under BankUnited’s 2023 Omnibus Equity Incentive Plan.