Unity (NYSE: U) CEO awarded 503,966 RSUs vesting over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bromberg Matthew S reported acquisition or exercise transactions in this Form 4 filing.
Unity Software Inc. director and CEO Matthew S. Bromberg reported an equity compensation grant of 503,966 shares of common stock in the form of restricted stock units. The award carries no purchase price and represents a grant or award rather than an open-market transaction.
The RSUs vest over approximately four years, with 6.25% vesting on May 25, 2026 and 6.25% vesting quarterly thereafter, as long as he remains in continuous service through the vesting period. Following this grant, Bromberg directly holds 1,696,507 shares of Unity common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bromberg Matthew S
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 503,966 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,696,507 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Unity (U) report for Matthew S. Bromberg?
Unity reported an equity grant to CEO and President Matthew S. Bromberg of 503,966 restricted stock units tied to its common stock. These units are part of his compensation and will convert into shares only as they vest over the defined schedule.
What is the vesting schedule for Matthew S. Bromberg’s new Unity (U) RSUs?
The RSUs vest over about four years, starting with 6.25% on May 25, 2026. Another 6.25% then vests quarterly after that date, provided Bromberg remains in continuous service throughout the entire vesting period with Unity Software Inc.
What conditions apply to the vesting of Matthew S. Bromberg’s Unity (U) RSUs?
The RSUs vest only if Bromberg maintains continuous service with Unity through each vesting date. If he remains in his role, portions of the award will vest starting May 25, 2026, followed by additional quarterly vesting at 6.25% each period.