STOCK TITAN

[Form 4] UNITY BANCORP INC /NJ/ Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UNITY Bancorp director Wayne Courtright received 1,200 shares of restricted stock on 1/27/2026 under the 2023 Equity Compensation Plan at a grant price of $0.00 per share. These shares vest in four equal installments of 300 shares each year from 2027 through 2030.

Following this grant, Courtright directly holds 4,000 restricted shares with upcoming vesting dates, 118,871 shares of common stock across multiple brokerage accounts, and 16,800 stock options that are currently exercisable. The remarks state total beneficial ownership of 139,671 shares.

Positive

  • None.

Negative

  • None.
Insider Courtright Wayne
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock 1,200 $0.00 --
holding Stock Options (Right to buy) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock — 4,000 shares (Direct); Stock Options (Right to buy) — 0 shares (Direct); Common Stock — 118,871 shares (Direct)
Footnotes (1)
  1. 1,200 restricted shares were granted on 1/27/2026 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 300 shares on 1/27/2027, 300 shares on 1/27/2028, 300 shares on 1/27/2029, and 300 shares on 1/27/2030. 4,000 shares are held in an account at Computershare which have upcoming vesting dates. 62,396 shares are held in an e*Trade account, 45,000 shares are held in a brokerage account, and 11,475 shares are held in an account at Shareworks for a total of 118,871 shares. 16,800 stock options were granted under various dates and vesting periods of which all are currently exercisable.
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*
Courtright Wayne

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 A 1,200(1) A $0.00 4,000(2) D
Common Stock 118,871(3) 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
Stock Options (Right to buy) (4) (4) (4) Common Stock (4) 16,800(4) D
Explanation of Responses:
1. 1,200 restricted shares were granted on 1/27/2026 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 300 shares on 1/27/2027, 300 shares on 1/27/2028, 300 shares on 1/27/2029, and 300 shares on 1/27/2030.
2. 4,000 shares are held in an account at Computershare which have upcoming vesting dates.
3. 62,396 shares are held in an e*Trade account, 45,000 shares are held in a brokerage account, and 11,475 shares are held in an account at Shareworks for a total of 118,871 shares.
4. 16,800 stock options were granted under various dates and vesting periods of which all are currently exercisable.
Remarks:
Total Beneficial Ownership: 139,671
Wayne Courtright, 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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