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[Form 4] Unity Software Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Mark Barrysmith, Chief Accounting Officer of Unity Software Inc. (ticker U), reported two automatic "sell-to-cover" transactions on 08/25/2025 to satisfy tax withholding upon RSU vesting. The filing shows 4,411 shares sold at a weighted-average price of $39.01 (individual prices ranged $38.40–$39.38) leaving 459,171 shares beneficially owned on that reported line. It also reports 4,738 shares sold at a weighted-average price of $39.61 (individual prices ranged $39.39–$39.82) leaving 454,433 shares beneficially owned on that line. The sales were automatic to cover tax obligations and were not discretionary per the filer. The form is signed by attorney-in-fact Anirma Gupta dated 08/25/2025.

Positive

  • Transparent disclosure of weighted-average prices and price ranges for the shares sold
  • Compliance with Section 16 reporting through timely Form 4 filing
  • Non-discretionary sell-to-cover described, indicating the sales were automatic for tax withholding rather than voluntary trading

Negative

  • Reduction in beneficial ownership by the reporting officer: 4,411 and 4,738 shares sold (reported on separate lines)
  • Insider sale activity could be interpreted negatively by some investors despite being routine

Insights

TL;DR: Routine automatic sell-to-cover transactions by a senior officer; disclosure shows no discretionary insider trading.

The Form 4 documents two non-discretionary sales by the Chief Accounting Officer to satisfy tax withholding on vested RSUs. Quantities and weighted-average prices are disclosed with price ranges for the individual trades. The filing indicates continued substantial beneficial ownership after the transactions, and the signature by an attorney-in-fact provides procedural completeness. This is a routine insider reporting event with limited market-impact implications.

TL;DR: Transaction appears compliant and administrative in nature; no governance red flags disclosed.

The reported sales are explicitly described as automatic "sell-to-cover" transactions to satisfy tax withholding on RSU vesting, which is a common executive compensation practice. The filer provides weighted-average prices and price ranges and affirms willingness to provide granular trade details on request. There is no indication of policy breaches, unscheduled discretionary sales, or changes to officer status in this filing.

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*
Barrysmith Mark

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 08/25/2025 S(1) 4,411 D $39.01(2) 459,171 D
Common Stock 08/25/2025 S(1) 4,738 D $39.61(3) 454,433 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. 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.
2. 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 $38.40 to $39.38, 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 2 and 3 of this Form 4.
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 $39.39 to $39.82, inclusive.
Remarks:
/s/ Anirma Gupta, Attorney-in-fact 08/25/2025
** 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 Unity Software (U) Chief Accounting Officer Mark Barrysmith report on Form 4?

The officer reported two automatic "sell-to-cover" transactions on 08/25/2025 selling 4,411 shares at a weighted-average price of $39.01 and 4,738 shares at $39.61 to satisfy RSU tax withholding.

Were the reported trades discretionary sales by the insider?

No. The filing states the sales were automatic "sell-to-cover" transactions to satisfy tax withholding obligations and do not represent discretionary trades.

How many shares did Mark Barrysmith beneficially own after the reported transactions?

The Form 4 reports beneficial ownership of 459,171 shares on the line associated with the first sale and 454,433 shares on the line associated with the second sale.

What price ranges were the shares sold at in these transactions?

The filing discloses individual trade prices ranged $38.40–$39.38 for the first set and $39.39–$39.82 for the second set; reported prices are weighted averages.

Who signed the Form 4 for the reporting person?

The Form 4 is signed by attorney-in-fact Anirma Gupta dated 08/25/2025.
Unity Software Inc

NYSE:U

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16.59B
374.37M
4.7%
85.8%
9.25%
Software - Application
Services-prepackaged Software
Link
United States
SAN FRANCISCO