STOCK TITAN

Unity Software (NYSE: U) legal chief sells 1,032 shares to cover taxes

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Unity Software Inc. (U) reported that Rebecca Berenice Boyden, SVP and Chief Legal Officer, sold a total of 1,032 shares of Common Stock on 2026-08-25. The transactions were executed under an automatic "sell to cover" arrangement to satisfy tax withholding obligations from vesting restricted stock units and were not discretionary trades.

Positive

  • None.

Negative

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Insider Boyden Rebecca Berenice
Role SVP, Chief Legal Officer
Sold 1,032 shs ($47K)
Type Security Shares Price Value
Sale Common Stock F1, F2 940 $45.26 $43K
Sale Common Stock F1, F3 92 $45.92 $4K
Holdings After Transaction: Common Stock — 308,413 shares (Direct)
Footnotes (3)
  1. 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.
  2. 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 $44.84 to $45.63, 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. F3. 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 $45.84 to $46.07, inclusive.
Shares sold 1,032 shares Total Unity common shares sold by Rebecca Boyden on 2026-08-25
First transaction shares 940 shares Unity common stock sold on 2026-08-25 at a weighted average price
First transaction weighted average price $45.26 per share Weighted average sale price for 940 Unity shares, rounded to nearest cent
First transaction price range $44.84–$45.63 per share Range of prices for multiple trades included in the 940-share sale
Second transaction shares 92 shares Unity common stock sold on 2026-08-25 at a weighted average price
Second transaction weighted average price $45.92 per share Weighted average sale price for 92 Unity shares, rounded to nearest cent
Second transaction price range $45.84–$46.07 per share Range of prices for multiple trades included in the 92-share sale
sell to cover financial
"obligations to be funded by a "sell to cover" and does not repr"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"obligations in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price, round"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"sold by the Reporting Person to cover tax withholding obligations in"

FAQ

Who is the insider involved in this Form 4 for U?

The insider is Rebecca Berenice Boyden, who serves as SVP, Chief Legal Officer of Unity Software Inc. The Form 4 reports her transactions in Unity’s common stock on 2026-08-25.

How many Unity Software Inc. (U) shares did Rebecca Boyden sell?

Rebecca Boyden reported selling a total of 1,032 shares of Unity Software Inc. common stock, consisting of 940 shares in one transaction and 92 shares in a second transaction, both on 2026-08-25.

What were the sale prices in Rebecca Boyden’s Form 4 transactions for U?

The reported weighted average prices were $45.26 per share for 940 shares and $45.92 per share for 92 shares. Footnotes state these are weighted average prices for multiple trades within specified intraday price ranges.

Were the Unity (U) stock sales by Rebecca Boyden discretionary?

No. A footnote explains the sales were made automatically to cover tax withholding obligations related to vesting restricted stock units under a "sell to cover" arrangement and do not represent discretionary trades by her.

What price ranges applied to the Unity (U) share sales reported?

For the 940-share sale, trades occurred between $44.84 and $45.63 per share. For the 92-share sale, trades occurred between $45.84 and $46.07 per share, with the reported prices being weighted averages rounded to the nearest cent.

Does this Form 4 for U mention any Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not affirmed (set to false). The footnotes describe the sales as automatic sell-to-cover transactions for tax withholding but do not state they are under a Rule 10b5-1 plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Boyden Rebecca Berenice

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

(Street)
SAN FRANCISCO CALIFORNIA 94105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Unity Software Inc. [ U ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026S(1)940D$45.26(2)308,505D
Common Stock08/25/2026S(1)92D$45.92(3)308,413D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $44.84 to $45.63, 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 $45.84 to $46.07, inclusive.
Remarks:
/s/ Connie Wu, Attorney-in-fact08/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)