[Form 4] Unity Software Inc. Insider Trading Activity
Rhea-AI Filing Summary
Unity Software Inc. insider Form 4: Anirma Gupta, SVP and Chief Legal Officer of Unity Software Inc. (U), reported the sale of 3,384 shares of Common Stock on 08/15/2025 at a price of $38.37 per share. The filing shows 641,568 shares beneficially owned by the reporting person following the transaction. The Form 4 notes the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 9, 2025. The filing is signed by an attorney-in-fact on 08/15/2025.
Positive
- Sale executed under a Rule 10b5-1 trading plan, adopted May 9, 2025, which provides an affirmative defense for planned trades.
- Complete disclosure of transaction details including date, price ($38.37), quantity (3,384 shares), and post-transaction holdings (641,568 shares).
Negative
- Insider disposal of 3,384 common shares reported on 08/15/2025.
- Reduction in beneficial ownership from prior levels to 641,568 shares following the sale.
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; not a material change to total holdings given current position.
The Form 4 discloses a single non-derivative sale of 3,384 shares at $38.37 on 08/15/2025 under a Rule 10b5-1 plan adopted 05/09/2025. The reporting person retains 641,568 shares after the sale, indicating continued substantial ownership. Because the transaction is executed pursuant to a pre-established trading plan, it reflects a planned disposition rather than an ad hoc trade.
TL;DR: Disclosure complies with Section 16 timing; 10b5-1 plan citation clarifies affirmative defense.
The filing properly identifies the reporting person, relationship (SVP, Chief Legal Officer), transaction date, number of shares sold, price, and post-transaction holdings. The explicit statement that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 9, 2025, supports compliance with insider trading defenses. Signature by an attorney-in-fact is documented and dated 08/15/2025.