UNITY BANCORP INC /NJ/ Insider Trading Activity
Unity Bancorp Chief Information Officer/SVP David G. Bove reported equity compensation changes in company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Restricted Stock | 126 | $52.33 | $7K |
| Grant/Award | Restricted Stock | 2,000 | $0.00 | $0.00 |
| Holding | Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. 126 shares were withheld @ $52.33 per share to cover tax liability on 375 restricted shares 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. 4,625 restricted shares are held in an account at Computershare which have upcoming vesting dates.
- F4. 11,636 shares are held in an account at Shareworks.
- F5. 13,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.
AI-generated analysis. How Rhea-AI works. Not financial advice.