STOCK TITAN

Unity Software (NYSE: U) CFO sells stock to cover taxes

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Unity Software Inc. (U) reported that its SVP and Chief Financial Officer, Jarrod Yahes, filed a Form 4 showing automatic sales of common stock on August 25, 2026. A total of 26,017 shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units under a "sell to cover" arrangement, which the filing states was not a discretionary trade.

Positive

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Negative

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Insights

Analyzing...

Insider Yahes Jarrod
Role SVP, Chief Financial Officer
Sold 26,017 shs ($1.18M)
Type Security Shares Price Value
Sale Common Stock F1, F2 24,817 $45.28 $1.12M
Sale Common Stock F1, F3 1,200 $45.95 $55K
Holdings After Transaction: Common Stock — 678,343 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 $44.85 to $45.84 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 $45.85 to $46.11, inclusive.
Shares sold (first transaction) 24,817 shares of Common Stock Sale on August 25, 2026 to cover tax withholding obligations
Weighted average price (first transaction) $45.28 per share Common Stock sale of 24,817 shares on August 25, 2026
Shares sold (second transaction) 1,200 shares of Common Stock Sale on August 25, 2026 to cover tax withholding obligations
Weighted average price (second transaction) $45.95 per share Common Stock sale of 1,200 shares on August 25, 2026
Total shares sold 26,017 shares of Common Stock Combined net-sell shares reported in transaction summary
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
"to be funded by a "sell to cover" and does not represent"
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.
tax withholding obligations financial
"sold by the Reporting Person to cover tax withholding obligations"

FAQ

What insider transaction did Unity Software Inc. (U) disclose in this Form 4?

Unity Software Inc. disclosed that CFO Jarrod Yahes sold a total of 26,017 shares of common stock on August 25, 2026. The sales were to cover tax withholding obligations related to vesting restricted stock units under a "sell to cover" arrangement.

How many Unity (U) shares did Jarrod Yahes sell and at what prices?

Jarrod Yahes reported selling 24,817 shares at a weighted average price of about $45.28 per share and 1,200 shares at a weighted average price of about $45.95 per share. The prices are disclosed as weighted averages for multiple transactions within stated price ranges.

Were the Unity (U) insider sales by Jarrod Yahes discretionary trades?

No. The filing states the sales occurred automatically to satisfy tax withholding obligations through a "sell to cover" mechanism in connection with vesting restricted stock units and do not represent discretionary trades by Jarrod Yahes.

What was the purpose of Jarrod Yahes’ Unity (U) share sales?

The Form 4 explains that the 26,017 shares were sold to cover tax withholding obligations triggered by the vesting of restricted stock units. This is characterized as a routine "sell to cover" transaction rather than an open-market discretionary sale for investment purposes.

Were Jarrod Yahes’ Unity (U) sales made under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is marked false, and the footnotes describe the sales as automatic "sell to cover" transactions for tax withholding, not as trades executed under an affirmed Rule 10b5-1 trading 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*
Yahes Jarrod

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

(Street)
SAN FRANCISCO CALIFORNIA 94105-3607

(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 Financial 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)24,817D$45.28(2)679,543D
Common Stock08/25/2026S(1)1,200D$45.95(3)678,343D
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 $44.85 to $45.84 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 $45.85 to $46.11, 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)