Unity Bancorp (UNTY) officer receives 2,000 restricted stock units

Rhea-AI Filing Summary

Unity Bancorp’s Chief Credit Officer and SVP, Minsu Kim, reported routine equity compensation changes. On 01/27/2026, 170 restricted shares were withheld at $52.33 per share to cover taxes on 400 vesting restricted shares.

On the same date, Kim received a grant of 2,000 restricted shares under the 2023 Equity Compensation Plan, vesting in four annual installments of 500 shares each from 01/27/2027 through 01/27/2030. Following these transactions, Kim holds 4,751 restricted shares in a Computershare account, including dividend reinvested shares, and 1,021 common shares in a Shareworks account.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Kim Minsu

Role Chief Credit Officer/SVP

Type	Security	Shares	Price	Value
Tax Withholding	Restricted Stock	170	$52.33	$9K
Grant/Award	Restricted Stock	2,000	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock — 2,751 shares (Direct); Common Stock — 1,021 shares (Direct)

Footnotes (1)

1. 170 shares were withheld @ $52.33 per share to cover tax liability on 400 restricted stock vesting. 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. 4,637 shares are held in an account at Computershare which have upcoming vesting dates. 114 shares are dividend reinvested shares for a total of 4,751. 1,021 shares are held in an account at Shareworks.

Form 4 Insider Transactions: What Each Field Means →

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^*

Kim Minsu

(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 Credit 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		170(1)	D	$52.33	2,751	D
Restricted Stock	01/27/2026		A		2,000(2)	A	$0.00	4,751(3)	D
Common Stock								1,021(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. 170 shares were withheld @ $52.33 per share to cover tax liability on 400 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. 4,637 shares are held in an account at Computershare which have upcoming vesting dates. 114 shares are dividend reinvested shares for a total of 4,751.

4. 1,021 shares are held in an account at Shareworks.

Remarks:

Total Beneficial Ownership: 5,773

	Minsu Kim, 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 Minsu Kim report for UNTY on January 27, 2026?

Minsu Kim reported tax withholding and a new equity grant on January 27, 2026. 170 restricted shares were withheld at $52.33 to cover taxes on vesting, and 2,000 new restricted shares were granted under Unity Bancorp’s 2023 Equity Compensation Plan.

How many Unity Bancorp restricted shares were granted to Minsu Kim in this Form 4?

Minsu Kim was granted 2,000 restricted shares of Unity Bancorp stock. These shares come from the 2023 Equity Compensation Plan and vest in four equal annual installments of 500 shares each from January 27, 2027 through January 27, 2030.

Why were 170 Unity Bancorp restricted shares withheld from Minsu Kim?

170 restricted shares were withheld to cover tax liability on 400 vesting restricted shares. The withholding occurred at a price of $52.33 per share, reflecting a standard tax-settlement mechanism rather than an open market sale of Unity Bancorp stock.

What are Minsu Kim’s restricted stock holdings in Unity Bancorp after this filing?

After these transactions, Minsu Kim beneficially owns 4,751 restricted shares. The filing notes that 4,637 shares are in a Computershare account with upcoming vesting dates, plus 114 dividend reinvested shares, together making up the 4,751 restricted shares reported.

How many Unity Bancorp common shares does Minsu Kim hold directly?

Minsu Kim directly holds 1,021 common shares of Unity Bancorp. According to the Form 4 footnotes, these common shares are maintained in an account at Shareworks and are reported as directly owned by the officer.

How do the 2,000 new restricted Unity Bancorp shares vest for Minsu Kim?

The 2,000 new restricted shares vest over four years in equal tranches. Vesting starts with 500 shares on January 27, 2027, followed by 500 shares on each of January 27, 2028, January 27, 2029, and January 27, 2030, assuming continued service.