Unity Software (NYSE: U) director receives 7,995 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unity Software Inc. director Robynne Sisco reported an acquisition of 7,995 shares of Common Stock in the form of restricted stock units granted as compensation. The award was made at a price of $0.00 per share and increased her direct holdings to 26,123 shares.
The restricted stock units vest in full on the earlier of the first anniversary of the grant date or Unity Software’s next annual meeting of stockholders, provided she continues serving with the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sisco Daly Robynne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,995 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,123 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 7,995 shares
Grant price: $0.00 per share
Holdings after grant: 26,123 shares
+1 more
4 metrics
RSU grant
7,995 shares
Restricted stock units granted to director on the reported date
Grant price
$0.00 per share
Compensation-related equity award, not an open-market trade
Holdings after grant
26,123 shares
Total direct Unity Software common stock held following the transaction
Vesting condition
Earlier of 1-year anniversary or next annual meeting
RSUs vest if service continues through the vesting date
Key Terms
restricted stock units, vest in full, annual meeting of stockholders, Reporting Person
4 terms
restricted stock units financial
"Represents restricted stock units granted to the Reporting Person."
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.
vest in full financial
"The shares subject to this award vest in full on the earlier of..."
annual meeting of stockholders financial
"or (ii) the date of the Issuer's next annual meeting of stockholders"
Reporting Person regulatory
"subject to the Reporting Person's continued service through such date."
FAQ
What did Unity Software (U) director Robynne Sisco report in this Form 4?
Robynne Sisco reported receiving 7,995 restricted stock units of Unity Software common stock. These were granted as compensation at $0.00 per share, increasing her direct ownership to 26,123 shares following the award.
When do Robynne Sisco’s Unity Software (U) restricted stock units vest?
The 7,995 restricted stock units vest in full on the earlier of the first anniversary of the grant date or Unity Software’s next annual meeting of stockholders, subject to her continued service with the company through the applicable vesting date.
What is Robynne Sisco’s Unity Software (U) ownership after this Form 4 transaction?
After the grant, Robynne Sisco directly holds 26,123 Unity Software common shares. This figure includes the 7,995 restricted stock units reported in the Form 4 transaction as an acquisition through a compensation-related equity award.
Was this Unity Software (U) Form 4 transaction a market purchase or sale?
No, this was not a market purchase or sale. The Form 4 shows a grant of 7,995 restricted stock units at $0.00 per share, classified as a compensation-related acquisition rather than an open-market trade in Unity Software stock.