Unity Software (U) director awarded 8,181 RSUs for Silver Lake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whitehurst James M reported acquisition or exercise transactions in this Form 4 filing.
Unity Software Inc. director James M. Whitehurst received a grant of 8,181 restricted stock units of common stock as director compensation. These RSUs vest on the earlier of the first anniversary of the grant date or Unity’s next annual stockholder meeting, subject to his continuous service. The RSUs are held for the benefit of Silver Lake entities, and any sale proceeds are expected to be remitted to Silver Lake and/or its limited partners, with Mr. Whitehurst disclaiming beneficial ownership. Separately, he directly holds 240,311 shares of Unity common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Whitehurst James M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,181 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, See footnote);
Common Stock — 240,311 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units granted to James M. Whitehurst, a director Unity Software Inc. (the "Issuer") and a Managing Director of Silver Lake Group, L.L.C. ("SLG"). The shares subject to this award shall vest on the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Issuer's next annual meeting of stockholders, subject to Mr. Whitehurst's continuous service through the vesting period. These securities are held by Mr. Whitehurst for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain of the funds they manage ("Silver Lake"). Pursuant to Mr. Whitehurst's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Whitehurst disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose. Represents shares of common stock held directly by Mr. Whitehurst.
Key Figures
RSU grant size: 8,181 units
RSU grant price: $0.0000 per share
Direct share holdings: 240,311 shares
3 metrics
RSU grant size
8,181 units
Restricted stock units granted to James M. Whitehurst
RSU grant price
$0.0000 per share
Grant, award, or other acquisition of common stock
Direct share holdings
240,311 shares
Common stock held directly by James M. Whitehurst
Key Terms
restricted stock units, beneficial ownership, Section 16, limited partners
4 terms
restricted stock units financial
"Represents restricted stock units granted to James M. Whitehurst, a director Unity Software Inc."
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.
beneficial ownership regulatory
"Mr. Whitehurst disclaims beneficial ownership of these securities and the inclusion of the securities in this report"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
limited partners financial
"proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners."
Limited partners are investors who provide most of the capital to an investment partnership but do not run its day-to-day business; they have liability only up to the amount they invested. Think of them as silent backers who hire a manager to make decisions and share in profits or losses; their importance to investors lies in shaping how much money a fund can deploy, the risk and return profile they receive, and the liquidity and fees associated with that investment.
FAQ
What insider transaction did Unity Software (U) report for James M. Whitehurst?
Unity Software reported that director James M. Whitehurst received a grant of 8,181 restricted stock units of common stock. The grant represents standard director compensation rather than an open-market purchase or sale of Unity Software shares.
How do the 8,181 RSUs granted to Unity Software (U) director James Whitehurst vest?
The 8,181 restricted stock units vest on the earlier of the first anniversary of the grant date or Unity Software’s next annual stockholder meeting. Vesting is conditioned on James Whitehurst’s continuous service as a director through the applicable vesting date.
Who ultimately benefits from the RSUs granted to Unity Software (U) director James Whitehurst?
The RSUs are held by James Whitehurst for the benefit of Silver Lake Technology Management, its affiliates, and certain funds they manage. Proceeds from any sales are expected to be remitted to Silver Lake and its limited partners, and he disclaims beneficial ownership.
Does Unity Software (U) director James Whitehurst personally own the RSUs reported in this filing?
James Whitehurst disclaims beneficial ownership of the RSUs, which are held for the benefit of Silver Lake-related entities. The inclusion of these securities does not constitute an admission of beneficial ownership for Section 16 or any other purpose under securities laws.
Is the Unity Software (U) Form 4 transaction a market buy or sell?
The Form 4 reports a grant of 8,181 restricted stock units to James Whitehurst as director compensation, not an open-market buy or sell. No purchase or sale price is shown because the grant was made at zero cost per share.