[Form 4] UNITY BANCORP INC /NJ/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unity Bancorp Chief Information Officer/SVP David G. Bove reported equity compensation changes in company stock. On January 27, 2026, 126 restricted shares were withheld at $52.33 per share to cover taxes on 375 vesting restricted shares, and he received a new grant of 2,000 restricted shares that vest in four equal annual installments from 2027 through 2030. Following these transactions, he directly holds 4,625 restricted shares at Computershare with upcoming vesting dates, 11,636 common shares at Shareworks, and 13,000 fully exercisable stock options, for total reported beneficial ownership of 29,261 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Bove David G
Role
Chief Information Officer/SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock | 126 | $52.33 | $7K |
| Grant/Award | Restricted Stock | 2,000 | $0.00 | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 2,625 shares (Direct);
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 11,636 shares (Direct)
Footnotes (1)
- 126 shares were withheld @ $52.33 per share to cover tax liability on 375 restricted shares 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. 4,625 restricted shares are held in an account at Computershare which have upcoming vesting dates. 11,636 shares are held in an account at Shareworks. 13,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.