[Form 4] BankUnited, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Rajinder P
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 33,423 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 81,278 shares (Direct)
Footnotes (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. 11,141 units will vest on each of December 31, 2026, December 31, 2027 and December 31, 2028.
Key Figures
RSUs granted: 33,423 units
RSUs after grant: 81,278 units
Annual vesting tranche: 11,141 units
+1 more
4 metrics
RSUs granted
33,423 units
Restricted share unit grant to President and CEO on April 1, 2026
RSUs after grant
81,278 units
Total restricted share units held directly by CEO following award
Annual vesting tranche
11,141 units
Portion of RSU grant vesting on each of December 31, 2026, 2027, 2028
Settlement ratio
1 unit = 1 share or cash
Each restricted share unit delivers one share or cash at fair market value
Key Terms
Restricted Share Unit, Omnibus Equity Incentive Plan, vest, fair market value
4 terms
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.
vest financial
"11,141 units will vest on each of December 31, 2026, December 31, 2027 and December 31, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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.
FAQ
What equity award did BankUnited (BKU) CEO Rajinder P. Singh receive?
Rajinder P. Singh received a grant of 33,423 restricted share units as equity compensation. Each unit entitles him, at settlement, to one share of BankUnited common stock or cash equal to the share’s fair market value, aligning compensation with long-term shareholder interests.