[Form 4] BankUnited, Inc. Insider Trading Activity
Singh Rajinder P reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Singh Rajinder P reported acquisition or exercise transactions in this Form 4 filing.
BankUnited, Inc. reported that President, CEO and Chairman Rajinder P. Singh received a grant of 33,423 restricted share units 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. The grant will vest in three equal installments of 11,141 units on each of December 31, 2026, December 31, 2027 and December 31, 2028. Following this award, Singh holds 81,278 restricted share units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 33,423 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan. 11,141 units will vest on each of December 31, 2026, December 31, 2027 and December 31, 2028.
Key Figures
Key Terms
Omnibus Equity Incentive Plan financial
vest financial
fair market value financial
FAQ
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What equity award did BankUnited (BKU) CEO Rajinder P. Singh receive?
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