Director trims Unity Bancorp (UNTY) stake, keeps 18,479 shares

Rhea-AI Filing Summary

Unity Bancorp director Mary E. Gross reported an open-market sale of 2,075 shares of common stock on April 17, 2026 at $56.0101 per share. After the sale, she directly holds 18,479 common shares, plus 4,000 restricted shares with upcoming vesting dates.

Of her common stock, 17,390 shares are held in an account at Shareworks and 1,089 shares are held in a brokerage account, indicating this was a partial reduction of an existing position rather than a full exit.

Insider Trade Summary

Net Seller: 2,075 shares ($116,221)

Net Sell 2 txns

Insider Gross Mary E.

Role null

Sold 2,075 shs ($116K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,075	$56.0101	$116K
holding	RESTRICTED STOCK	--	--	--

Holdings After Transaction: Common Stock — 18,479 shares (Direct, null); RESTRICTED STOCK — 4,000 shares (Direct, null)

Footnotes (1)

1. 17,390 shares are held in an account at Shareworks, and 1,089 are held in a brokerage account. 4,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

Key Figures

Shares sold: 2,075 shares Sale price: $56.0101/share Shares held after sale: 18,479 shares +3 more

6 metrics

Shares sold 2,075 shares Open-market sale of Unity Bancorp common stock on April 17, 2026

Sale price $56.0101/share Reported transaction price per Unity Bancorp share

Shares held after sale 18,479 shares Total Unity Bancorp common shares directly owned after transaction

Restricted shares 4,000 shares Restricted Unity Bancorp stock at Computershare with upcoming vesting dates

Shareworks holdings 17,390 shares Unity Bancorp common shares held in a Shareworks account

Brokerage holdings 1,089 shares Unity Bancorp common shares held in a brokerage account

Key Terms

open-market sale, restricted stock, Shareworks, brokerage account

4 terms

open-market sale financial

"Transaction code S is described as a sale in open market or private transaction."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

restricted stock financial

"Security title shows RESTRICTED STOCK with 4,000 shares held at Computershare."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Shareworks financial

"17,390 shares are held in an account at Shareworks, per the footnote."

brokerage account financial

"1,089 shares are held in a brokerage account, according to the footnote."

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^*

Gross Mary E.

(Last) (First) (Middle)

C/O UNITY BANK

64 OLD HIGHWAY 22

(Street)

CLINTON NEW JERSEY 08809

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UNITY BANCORP INC /NJ/ [ UNTY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	04/17/2026		S		2,075	D	$56.0101	18,479(1)	D
RESTRICTED STOCK								4,000(2)	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. 17,390 shares are held in an account at Shareworks, and 1,089 are held in a brokerage account.

2. 4,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

Remarks:

Total beneficial ownership: 22,479

	Mary E. Gross, POA Amanda Roche, FVP/Controller	04/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did UNTY director Mary E. Gross report?

Mary E. Gross reported an open-market sale of 2,075 Unity Bancorp (UNTY) common shares at $56.0101 per share. The Form 4 classifies this as a sale in the open market or private transaction on April 17, 2026.

How many Unity Bancorp (UNTY) shares does Mary E. Gross hold after the sale?

After the reported sale, Mary E. Gross directly holds 18,479 Unity Bancorp common shares. She also holds 4,000 restricted shares in an account at Computershare, which have upcoming vesting dates, indicating continued equity exposure to the company.

At what price were the Unity Bancorp (UNTY) shares sold by Mary E. Gross?

The 2,075 Unity Bancorp common shares were sold at an average price of $56.0101 per share. This price comes directly from the Form 4 transaction data, which labels the trade as an open-market sale on April 17, 2026.

How are Mary E. Gross’s Unity Bancorp (UNTY) shares held after the transaction?

Following the sale, 17,390 common shares are held in an account at Shareworks, and 1,089 common shares are held in a brokerage account. Additionally, 4,000 restricted shares are held at Computershare with upcoming vesting dates.

Does the Form 4 show any Unity Bancorp (UNTY) option exercises or derivative trades?

The Form 4 shows no derivative security transactions or option exercises for Mary E. Gross. All reported activity involves non-derivative common stock and a separate holding entry for restricted stock, with derivativeSummary showing no remaining derivative positions.