Unity (U) COO Alexander Blum awarded 200,653 RSUs vesting over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blum Alexander reported acquisition or exercise transactions in this Form 4 filing.
Unity Software Inc. reported that SVP and Chief Operating Officer Alexander Blum received a grant of 200,653 shares of common stock in the form of restricted stock units. These RSUs were awarded at no cash cost per share and are part of his equity compensation.
The award vests over approximately four years, with 6.25% of the RSUs vesting on May 25, 2026, and 6.25% vesting quarterly thereafter, as long as he continues in service through each vesting date. After this grant, he directly holds 749,078 shares of Unity common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blum Alexander
Role
SVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200,653 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 749,078 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Unity (U) report for Alexander Blum?
Unity reported that SVP and COO Alexander Blum received 200,653 restricted stock units of common stock as an equity grant. The award was recorded at a price of $0.00 per share, reflecting compensation rather than an open-market purchase.
How do Alexander Blum’s new Unity (U) RSUs vest over time?
The 200,653 restricted stock units vest over roughly four years. 6.25% of the RSUs vest on May 25, 2026, with an additional 6.25% vesting quarterly thereafter, contingent on Alexander Blum’s continuous service through each vesting date.
Was cash paid for the Unity (U) RSUs granted to Alexander Blum?
No cash changed hands for the RSU grant to Alexander Blum. The transaction lists a price of $0.00 per share, indicating the 200,653 restricted stock units were awarded as non-cash equity compensation rather than acquired in an open-market purchase.
What role does Alexander Blum hold at Unity (U) in this Form 4?
Alexander Blum is identified as Unity’s Senior Vice President and Chief Operating Officer. The Form 4 reflects an equity compensation grant of 200,653 restricted stock units to him, aligning his interests with shareholders through time-based vesting requirements.