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Unity Software (NYSE: U) names Michael Lieb principal accounting officer

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Unity Software Inc. appointed Michael Lieb as its principal accounting officer, effective July 27, 2026. Lieb, age 45, previously held senior finance roles at Peloton Interactive, Shutterstock, Spotify and Ernst & Young, and holds degrees from Binghamton University and the University of Notre Dame.

His compensation includes a $385,000 annual base salary, a target cash bonus equal to 40% of base salary, and a restricted stock unit award valued at $1.2 million. The RSU award vests over four years, with 25% vesting on August 25, 2027 and 6.25% quarterly thereafter, subject to his continuous service. The company states there are no appointment arrangements with other persons, no family relationships with directors or officers, and no related-party transactions involving Lieb.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Effective appointment date July 27, 2026 Date Michael Lieb was appointed principal accounting officer
Annual base salary $385,000 Base salary for Michael Lieb as Chief Accounting Officer
Target cash bonus 40% of annual base salary Bonus opportunity as a percentage of base salary
RSU Award value $1.2 million Aggregate fair market value of restricted stock unit award
Initial RSU vesting tranche 25% Portion vesting on August 25, 2027, subject to continuous service
Ongoing RSU vesting rate 6.25% quarterly Quarterly vesting after initial tranche, over four years total
Executive age 45 Age of Michael Lieb at the time of appointment
principal accounting officer financial
"appointed Michael Lieb ... as the Company’s principal accounting officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
restricted stock unit award financial
"a restricted stock unit award with an aggregate fair market value of $1.2 million"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
continuous service financial
"6.25% quarterly thereafter, subject to Mr. Lieb’s continuous service"
Item 404(a) of Regulation S-K regulatory
"any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What executive change did Unity Software (U) report on July 27, 2026?

Unity Software appointed Michael Lieb as its principal accounting officer effective July 27, 2026. He assumes responsibility for the company’s accounting function after prior leadership roles at Peloton Interactive, Shutterstock, Spotify and Ernst & Young.

What is Michael Lieb’s compensation package at Unity Software (U)?

Michael Lieb will receive a $385,000 annual base salary, a target cash bonus equal to 40% of base salary, and a $1.2 million restricted stock unit award, subject to a four-year vesting schedule tied to continued service.

How do Michael Lieb’s RSUs vest at Unity Software (U)?

Lieb’s $1.2 million RSU award vests over four years, with 25% vesting on August 25, 2027 and 6.25% vesting quarterly thereafter. Vesting requires his continuous service with Unity Software on each applicable vesting date.

What prior experience does Unity Software’s (U) new principal accounting officer have?

Before joining Unity, Michael Lieb was Vice President, Corporate Controller at Peloton Interactive from 2023, held senior finance roles at Shutterstock and Spotify, and spent over 14 years at Ernst & Young. He holds a B.S. and an M.S. in accounting-related fields.
FALSE000181080600018108062026-07-272026-07-27

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 27, 2026
UNITY SOFTWARE INC.
(Exact name of registrant as specified in its charter)
Delaware001-3949727-0334803
(State or other jurisdiction
of incorporation)
(Commission File Number)(I.R.S. Employer
Identification No.)
116 New Montgomery Street
San Francisco, California 94105-3607
(Address, including zip code, of principal executive offices)
(415) 638-9950
(Registrant's telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, $0.000005 par valueUThe New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective July 27, 2026, the Board appointed Michael Lieb, the Company’s Chief Accounting Officer, as the Company’s principal accounting officer.
Mr. Lieb, age 45, served as Vice President, Corporate Controller of Peloton Interactive, Inc., a provider of fitness and wellness products and services, from 2023 until his departure. From 2018 to 2023, Mr. Lieb served in finance roles at Shutterstock, Inc., a media company, including most recently as Vice President, Financial Reporting and Accounting Policy. Prior to Shutterstock, Mr. Lieb held finance roles at Spotify Technology S.A., a provider of audio streaming subscription services, and spent over 14 years at Ernst & Young LLP. Mr. Lieb holds a B.S. from Binghamton University and a M.S. from the University of Notre Dame.
In connection with his employment as the Company’s Chief Accounting Officer, on June 3, 2026, Mr. Lieb entered into a letter agreement with the Company, providing for the following compensation: an annual base salary of $385,000; a target cash bonus equal to 40% of his annual base salary; and a restricted stock unit award with an aggregate fair market value of $1.2 million (the “RSU Award”). The RSU Award will vest over four years, with 25% vesting on August 25, 2027, and 6.25% quarterly thereafter, subject to Mr. Lieb’s continuous service through the applicable vesting date.
There is no arrangement or understanding between Mr. Lieb and any other persons pursuant to which Mr. Lieb was appointed as principal accounting officer. There are no family relationships between Mr. Lieb and any director or executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UNITY SOFTWARE INC.
Date: July 27, 2026By:/s/ Matthew Bromberg
Matthew Bromberg
President and Chief Executive Officer

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