Unity (NYSE: U) COO tax-related sale of 21,108 shares under 10b5-1
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unity Software Inc. SVP and Chief Operating Officer Alexander Blum reported automatic, tax-related sales of a total of 21,108 shares of common stock on May 26, 2026 and May 28, 2026. The shares were sold in open-market transactions to cover tax withholding on vested restricted stock units under a pre-arranged Rule 10b5-1 trading plan, and Blum continues to hold 727,970 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,108 shares ($574,114)
Net Sell
2 txns
Insider
Blum Alexander
Role
SVP, Chief Operating Officer
Sold
21,108 shs ($574K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,099 | $27.37 | $57K |
| Sale | Common Stock | 19,009 | $27.18 | $517K |
Holdings After Transaction:
Common Stock — 727,970 shares (Direct, null)
Footnotes (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. 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 $26.66 to $27.64, 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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2025.
Key Figures
Shares sold May 26, 2026: 19,009 shares at $27.18
Shares sold May 28, 2026: 2,099 shares at $27.37
Total shares sold: 21,108 shares
+2 more
5 metrics
Shares sold May 26, 2026
19,009 shares at $27.18
Open-market sale, weighted average price
Shares sold May 28, 2026
2,099 shares at $27.37
Open-market sale, weighted average price
Total shares sold
21,108 shares
Net open-market sales reported in this Form 4
Shares held after transactions
727,970 shares
Direct ownership following reported sales
Price range for one sale block
$26.66–$27.64
Multiple transactions within this range, weighted average used
Key Terms
restricted stock units, sell to cover, weighted average price, Rule 10b5-1 trading plan
4 terms
restricted stock units financial
"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.
sell to cover financial
"tax withholding obligations to be funded by a "sell to cover""
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
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.
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did Unity (U) executive Alexander Blum report?
Alexander Blum, Unity’s SVP and Chief Operating Officer, reported selling 21,108 shares of common stock. These open-market sales were made solely to cover tax withholding obligations tied to restricted stock unit vesting and were executed automatically under a pre-established Rule 10b5-1 trading plan.
Does Alexander Blum still hold a significant position in Unity (U) after these sales?
Yes. After the reported tax-related sales, Alexander Blum directly holds 727,970 shares of Unity common stock. This remaining stake, as disclosed in the filing, indicates he continues to maintain a substantial equity position in the company following the transactions.
What does the weighted average price disclosure mean in Alexander Blum’s Unity (U) trades?
The filing reports weighted average prices rounded to the nearest cent because each sale occurred through multiple trades within price ranges. It notes prices from $26.66 to $27.64, and offers to provide detailed trade-level information upon request to investors or regulators.