Unity Bancorp officer awarded 2,000 restricted shares
Unity Bancorp Chief Retail Officer/SVP Daniel Sharabba reported routine equity compensation activity.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Restricted Stock | 186 | $52.33 | $10K |
| Grant/Award | Restricted Stock | 2,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 186 shares were withheld @ $52.33 per share to cover tax liability on 438 restricted stock vesting.
- F2. 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.
- F3. 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.
- F4. 1,122 shares are held in an account at Shareworks.
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