Unity Bancorp (UNTY) officer reports 2,000 restricted shares and tax withholding

Rhea-AI Filing Summary

Unity Bancorp Inc. Chief Lending Officer/FSVP James J. Donovan reported equity award activity in company stock. On 01/27/2026, 135 restricted shares were withheld at $52.33 per share to cover taxes on 400 restricted shares that vested. The same day, he received a grant of 2,000 restricted shares under the 2023 Equity Compensation Plan, scheduled to vest in four equal annual installments of 500 shares from 01/27/2027 through 01/27/2030. Following these transactions, he directly holds 5,200 restricted shares at Computershare with upcoming vesting dates and 265 common shares at Shareworks, for total reported beneficial ownership of 5,465 Unity Bancorp shares.

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

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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^*

Donovan James Joseph

(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 Lending Officer/FSVP

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		135(1)	D	$52.33	3,200	D
Restricted Stock	01/27/2026		A		2,000(2)	A	$0.00	5,200(3)	D
Common Stock								265(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. 135 shares were withheld @ $52.33 per share to cover tax liability on 400 restricted shares 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. 5,200 restricted shares are held in an account at Computershare which have upcoming vesting dates.

4. 265 shares are held in an account at Shareworks.

Remarks:

Total Beneficial Ownership: 5,465

	James J. Donovan, 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.
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FAQ

What insider transaction did UNTY officer James J. Donovan report?

Unity Bancorp officer James J. Donovan reported tax withholding and a new equity grant. On 01/27/2026, 135 restricted shares were withheld to cover taxes on 400 vesting shares, and 2,000 new restricted shares were granted under the 2023 Equity Compensation Plan.

How many Unity Bancorp restricted shares were granted to James J. Donovan?

James J. Donovan was granted 2,000 restricted Unity Bancorp shares on 01/27/2026. These were issued under the 2023 Equity Compensation Plan and are structured to vest in four equal annual installments of 500 shares each from 2027 through 2030.

What were the tax withholding details on Donovan’s Unity Bancorp restricted stock?

To cover tax liability on 400 vesting restricted shares, 135 Unity Bancorp shares were withheld. The withholding price was $52.33 per share, as disclosed, reducing the immediately deliverable shares while satisfying the associated tax obligation through share withholding.

How do James J. Donovan’s new restricted shares vest at Unity Bancorp (UNTY)?

The 2,000 restricted shares granted to James J. Donovan vest over four years. Vesting begins with 500 shares on 01/27/2027, followed by 500 shares on 01/27/2028, 500 on 01/27/2029, and the final 500 on 01/27/2030, subject to plan terms.

What is James J. Donovan’s total reported beneficial ownership of Unity Bancorp shares?

James J. Donovan’s total reported beneficial ownership is 5,465 Unity Bancorp shares. This consists of 5,200 restricted shares held in a Computershare account with future vesting dates and 265 common shares held in a Shareworks account, all reported as directly owned.

Where are James J. Donovan’s Unity Bancorp restricted and common shares held?

His Unity Bancorp restricted shares, totaling 5,200, are held at Computershare with upcoming vesting dates. His 265 common shares are held at Shareworks. Both positions are disclosed as directly owned accounts associated with his reported beneficial ownership.