Unity Software (NYSE: U) director awarded 12,086 restricted stock units in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dovrat Shlomo reported acquisition or exercise transactions in this Form 4 filing.
Unity Software Inc. director Shlomo Dovrat received a grant of 12,086 restricted stock units representing shares of the company’s common stock. The grant is at no cost and will vest in full on the earlier of the first anniversary of the grant date or Unity’s next annual meeting of stockholders, subject to his continued service.
Following this award, Dovrat directly holds 61,595 shares of common stock. A separate line shows 159,089 shares held indirectly through Y.T.D. Dovrat Investments Ltd., which is reported for informational purposes with no new transaction in that position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dovrat Shlomo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,086 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 61,595 shares (Direct, null);
Common Stock — 159,089 shares (Indirect, By Y.T.D. Dovrat Investments Ltd.)
Footnotes (1)
- Represents restricted stock units granted to the Reporting Person. The shares subject to this award vest in full on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service through such date. There were no transactions effected in respect of the shares of Common Stock reported in this row, and the holdings in this row are being included for informational purposes only.
Key Figures
RSU grant size: 12,086 shares
Grant price: $0.0000 per share
Direct holdings after grant: 61,595 shares
+2 more
5 metrics
RSU grant size
12,086 shares
Restricted stock units granted to director Shlomo Dovrat
Grant price
$0.0000 per share
Stated price for RSU grant of Unity common stock
Direct holdings after grant
61,595 shares
Unity common stock directly owned by Shlomo Dovrat after transaction
Indirect holdings
159,089 shares
Unity common stock held via Y.T.D. Dovrat Investments Ltd.
Holding entries
1 entry
Informational-only holding line with no transaction
Key Terms
restricted stock units, annual meeting of stockholders, indirect, grant, award, or other acquisition
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.
annual meeting of stockholders regulatory
"the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service"
indirect financial
"total_shares_following_transaction: 159089.0000, direct_or_indirect: I"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Unity Software (U) director Shlomo Dovrat report in this Form 4?
Shlomo Dovrat reported receiving 12,086 restricted stock units of Unity common stock as a grant. These units are a form of stock-based compensation and do not involve an open-market purchase or sale of shares.
When do Shlomo Dovrat’s new Unity Software (U) restricted stock units vest?
The restricted stock units vest in full on the earlier of the first anniversary of the grant date or Unity’s next annual meeting. Vesting also requires Dovrat’s continued service through that date as specified in the award terms.
What are Shlomo Dovrat’s indirect holdings of Unity Software (U) stock?
The filing shows 159,089 Unity common shares held indirectly through Y.T.D. Dovrat Investments Ltd. The issuer notes no transactions occurred in this indirect position; it is included in the report solely for informational ownership disclosure.