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Unity Bancorp (UNTY) officer reports 6,007-share ownership stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Unity Bancorp Chief Retail Officer/SVP Daniel Sharabba reported routine equity compensation activity. On January 27, 2026, 186 restricted shares were withheld at $52.33 per share to cover taxes on 438 vesting shares, and he received a grant of 2,000 restricted shares at no cost.

The new grant vests in four equal installments of 500 shares each year from January 27, 2027 through January 27, 2030. Following these updates, he beneficially owns 6,007 shares in total, including 4,885 shares in a Computershare account and 1,122 shares in a Shareworks account.

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SEC Form 4
FORM 4 UNITED 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*
Sharabba Daniel C

(Last) (First) (Middle)
C/O UNITY BANK
64 OLD HIGHWAY 22

(Street)
CLINTON NJ 08809

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNITY BANCORP INC /NJ/ [ UNTY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Retail Officer/SVP
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Restricted Stock 01/27/2026 F 186(1) D $52.33 2,885 D
Restricted Stock 01/27/2026 A 2,000(2) A $0.00 4,885(3) D
Common Stock 1,122(4) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 186 shares were withheld @ $52.33 per share to cover tax liability on 438 restricted stock vesting.
2. 2,000 restricted shares were granted on 1/27/2026 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 500 shares on 1/27/2027, 500 shares on 1/27/2028, 500 shares on 1/27/2029, and 500 shares on 1/27/2030.
3. 4,812 shares are held in an account at Computershare which have upcoming vesting dates. 73 shares are dividend reinvested shares for a total of 4,885 shares.
4. 1,122 shares are held in an account at Shareworks.
Remarks:
Total Beneficial Ownership: 6,007
Daniel Sharabba, POA Amanda Roche, FVP/Controller 01/28/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did UNTY executive Daniel Sharabba report?

Unity Bancorp executive Daniel Sharabba reported routine equity compensation changes. He had 186 restricted shares withheld at $52.33 to cover taxes on 438 vesting shares and received a new grant of 2,000 restricted shares at no cost under the 2023 Equity Compensation Plan.

How many Unity Bancorp (UNTY) shares does Daniel Sharabba now beneficially own?

After the reported transactions, Daniel Sharabba beneficially owns 6,007 Unity Bancorp shares. This includes 4,885 shares in a Computershare account, some with upcoming vesting dates and dividend reinvestments, plus 1,122 common shares held in a Shareworks account as disclosed in the filing.

What are the vesting terms of Daniel Sharabba’s 2,000 restricted UNTY shares?

The 2,000 restricted Unity Bancorp shares granted to Daniel Sharabba vest over four years. Vesting occurs in four equal installments of 500 shares on January 27, 2027, January 27, 2028, January 27, 2029, and January 27, 2030, subject to the 2023 Equity Compensation Plan.

Why were 186 Unity Bancorp restricted shares withheld from Daniel Sharabba?

The 186 restricted shares were withheld to satisfy tax liabilities on vesting stock. They were valued at $52.33 per share and relate to the vesting of 438 restricted shares, a common mechanism where shares are withheld instead of the insider paying cash for taxes due.

How are Daniel Sharabba’s Unity Bancorp (UNTY) shares held across accounts?

Daniel Sharabba’s holdings span two main accounts. He holds 4,885 shares at Computershare, including upcoming vesting shares and 73 dividend reinvested shares, and 1,122 common shares at Shareworks. Together these positions total his reported 6,007 beneficially owned Unity Bancorp shares.

Is Daniel Sharabba’s Form 4 for UNTY a major ownership change?

The Form 4 reflects routine equity compensation activity rather than a large open-market trade. It combines tax withholding on vesting restricted stock and a scheduled grant of 2,000 restricted shares, resulting in total beneficial ownership of 6,007 Unity Bancorp shares for the executive.
Unity Bancorp

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