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[Form 4/A] Unity Software Inc. Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Unity Software Inc. director and CEO Matthew S. Bromberg amended a Form 4 to correct share counts related to automatic sales made to satisfy tax withholding on vested restricted stock units. The amendment clarifies that 118,562 shares and 3,756 shares were sold on 05/27/2025 at weighted-average prices of $21.21 and $21.66, respectively, with transaction prices ranging from $20.65 to $21.71. Following these sell-to-cover transactions, Bromberg beneficially owned 1,237,322 and 1,233,566 shares as reported on separate lines, and the amendment updates previously reported withholding and ownership figures.

Positive

  • None.

Negative

  • Insider disposition: Reporting person sold a total of 122,318 shares on 05/27/2025 to cover tax withholding on vested RSUs.

Insights

TL;DR: Amendment corrects sell-to-cover withholding figures; transactions appear routine, not discretionary.

The filing is an administrative amendment clarifying the number of shares withheld and sold to cover taxes on vested restricted stock units. Such sell-to-cover transactions are common and typically do not reflect active directional trading by insiders. The amendment improves disclosure accuracy by updating beneficial ownership totals and the weighted-average sale prices. There is no new indication of a change in executive control or a discretionary divestiture strategy.

TL;DR: Insider sold a total of 122,318 shares via automated withholding; impact on float or valuation is likely immaterial.

The report shows two grouped sell transactions on 05/27/2025 totaling 122,318 shares sold to satisfy tax obligations from RSU vesting, with weighted-average prices reported. Because the sales are described as automatic "sell to cover," they are not discretionary open-market sales and generally carry limited informational content about management sentiment. The amendment ensures the public record accurately reflects post-transaction beneficial ownership counts.

SEC Form 4
FORM 4 UNITED 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*
Bromberg Matthew S

(Last) (First) (Middle)
C/O UNITY SOFTWARE INC
116 NEW MONTGOMERY STREET

(Street)
SAN FRANCISCO CA 94105-3607

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Unity Software Inc. [ U ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/29/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 05/27/2025 S 118,562(1)(2) D $21.21(3) 1,237,322(1) D
Common Stock 05/27/2025 S 3,756(1)(2) D $21.66(4) 1,233,566(1) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Form 4 filed on May 29, 2025 is being amended to correct the number of shares of common stock withheld to pay taxes applicable to the vesting of restricted stock units and the number of shares of common stock beneficially owned following the reported transactions. This amendment is deemed to amend and update any subsequently filed Form 4 filed through the date hereof.
2. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" and does not represent a discretionary trade by the Reporting Person.
3. The price reported in Column 4 is a weighted average price, rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $20.65 to $21.64, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3 and 4 of this Form 4.
4. The price reported in Column 4 is a weighted average price, rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $21.64 to $21.71, inclusive.
Remarks:
/s/ Anirma Gupta, Attorney-in-fact 09/15/2025
** Signature of Reporting Person Date
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.

FAQ

What did Matthew S. Bromberg report in the amended Form 4 for Unity Software (U)?

The amendment corrects the number of shares withheld and sold to cover taxes on vested RSUs, showing sales of 118,562 and 3,756 shares on 05/27/2025.

Why were the shares sold according to the Form 4/A?

The filing states the shares were sold automatically as a sell-to-cover to satisfy tax withholding obligations tied to RSU vesting, not as discretionary sales.

What prices were reported for the sales on the amended Form 4?

Weighted-average prices were reported as $21.21 for one block and $21.66 for the other, with individual trade prices ranging from $20.65 to $21.71.

How did the amendment affect beneficial ownership figures?

The amendment updates beneficial ownership following the transactions, reporting ownership counts of 1,237,322 and 1,233,566 shares on the respective reporting lines.

When was the original Form 4 filed and when was it amended?

The original Form 4 was filed on 05/29/2025, and this Form 4/A amends that filing to correct withholding and ownership numbers.
Unity Software Inc

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Software - Application
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United States
SAN FRANCISCO