Unity CAO auto-sells 10,578 shares for taxes
Unity Software Inc. Chief Accounting Officer Mark Barrysmith reported an open-market sale of 10,578 shares of common stock at a weighted average price of $18.07 per share.
Rhea-AI Filing Summary
Unity Software Inc. Chief Accounting Officer Mark Barrysmith reported an open-market sale of 10,578 shares of common stock at a weighted average price of $18.07 per share. According to the filing, the sale was automatically executed under a "sell to cover" arrangement to satisfy tax withholding obligations tied to vesting restricted stock units and was not a discretionary trade. Following this transaction, Barrysmith directly held 383,901 Unity shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,578 | $18.07 | $191K |
Footnotes (2)
- F1. 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.
- F2. 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 $17.70 to $18.39, 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 range set forth above.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Unity Software (U) report for Mark Barrysmith?
Was the Unity Software (U) insider sale by Mark Barrysmith a discretionary trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.