Unity Bancorp president sells 7,349 shares

Unity Bancorp’s president reported open-market sales of 7,349 UNTY shares around $59 over two days while retaining 28,060 restricted and dividend reinvested shares.

Rhea-AI Filing Summary

UNITY BANCORP INC (UNTY) reports that President and director George Boyan sold a total of 7,349 shares of Common Stock in open-market transactions on September 2 and September 3, 2026, at weighted average prices of $59.1064 and $59.1623 per share, respectively, each executed in multiple trades within narrow price ranges. No Rule 10b5-1 trading plan is reported. A separate holding entry shows he directly holds 28,060 Restricted Stock shares, consisting of 26,125 restricted shares with upcoming vesting dates and 1,935 dividend reinvested shares.

Insider Trade Summary

Net Seller: 7,349 shares

Net Sell 3 txns

Insider Boyan George

Role President

Sold 7,349 shs ($435K)

Type	Security	Shares	Price	Value
Sale	Common Stock F2	6,504	$59.1623	$385K
Sale	Common Stock F1	845	$59.1064	$50K
holding	Restricted Stock F3	--	--	--

Holdings After Transaction: Common Stock — 25,015 shares (Direct); Restricted Stock — 28,060 shares (Direct)

Footnotes (3)

1. F1. This transaction was executed in multiple trades at prices ranging from $59.01 USD to $59.21 USD; the price reported above reflects the weighted average sale price.
2. F2. This transaction was executed in multiple trades at prices ranging from $59.005 USD to $59.41 USD; the price reported above reflects the weighted average sale price.
3. F3. 26,125 restricted shares are held in an account at Computershare, which have upcoming vesting dates, 1,935 shares are dividend reinvested shares for a total of 28,060.

Key Figures

Shares sold September 2, 2026: 845 shares Shares sold September 3, 2026: 6,504 shares Total shares sold: 7,349 shares +3 more

6 metrics

Shares sold September 2, 2026 845 shares Common Stock sale by George Boyan at weighted average $59.1064 per share

Shares sold September 3, 2026 6,504 shares Common Stock sale by George Boyan at weighted average $59.1623 per share

Total shares sold 7,349 shares Aggregate Common Stock sold across both reported transactions

Weighted average sale price September 2, 2026 $59.1064 per share Executed in multiple trades between $59.01 and $59.21

Weighted average sale price September 3, 2026 $59.1623 per share Executed in multiple trades between $59.005 and $59.41

Restricted Stock holdings 28,060 shares 26,125 restricted shares with upcoming vesting and 1,935 dividend reinvested shares

Key Terms

weighted average sale price, Restricted Stock, dividend reinvested shares, multiple trades

4 terms

weighted average sale price financial

"the price reported above reflects the weighted average sale price"

Restricted Stock financial

"Restricted Stock entry shows 28,060 direct shares following transaction"

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.

dividend reinvested shares financial

"1,935 shares are dividend reinvested shares for a total of 28,060"

multiple trades financial

"This transaction was executed in multiple trades at prices ranging from"

FAQ

What insider transactions did UNTY’s president George Boyan report in this Form 4?

He reported selling 7,349 shares of Unity Bancorp Common Stock in open-market transactions on September 2, 2026 (845 shares) and September 3, 2026 (6,504 shares), at weighted average prices of $59.1064 and $59.1623 per share, respectively.

At what prices did George Boyan sell UNTY shares in this filing?

The reported weighted average sale prices were $59.1064 per share for 845 shares sold on September 2, 2026, and $59.1623 per share for 6,504 shares sold on September 3, 2026, each executed in multiple trades within stated price ranges around these averages.

How many UNTY shares did George Boyan sell on each transaction date?

On September 2, 2026, he sold 845 shares of Common Stock. On September 3, 2026, he sold an additional 6,504 shares. In total, the Form 4 reports 7,349 shares of Unity Bancorp Common Stock sold across both days.

What UNTY restricted stock holdings does George Boyan report in this Form 4?

He reports direct ownership of 28,060 shares of Restricted Stock, consisting of 26,125 restricted shares held at Computershare with upcoming vesting dates and 1,935 dividend reinvested shares, as described in the footnotes.

Were the reported UNTY share sales by George Boyan under a Rule 10b5-1 plan?

The filing shows the document-level Rule 10b5-1 checkbox as unchecked, and there is no footnote stating that the transactions were made under a Rule 10b5-1 trading plan.

How were the UNTY sale prices for George Boyan’s transactions determined?

Each sale was executed in multiple trades over a price range. The Form 4 reports a weighted average sale price for each date, with footnotes stating ranges of $59.01–$59.21 and $59.005–$59.41, respectively.

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Available on EDGAR 09/04/2026 - 04:31 PM Accepted by SEC EDGAR 09/04/2026 - 04:30 PM Learn about SEC filing dates

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^*

Boyan George

(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
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

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	09/02/2026		S		845	D	$59.1064(1)	31,519	D
Common Stock	09/03/2026		S		6,504	D	$59.1623(2)	25,015	D
Restricted Stock								28,060(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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $59.01 USD to $59.21 USD; the price reported above reflects the weighted average sale price.

2. This transaction was executed in multiple trades at prices ranging from $59.005 USD to $59.41 USD; the price reported above reflects the weighted average sale price.

3. 26,125 restricted shares are held in an account at Computershare, which have upcoming vesting dates, 1,935 shares are dividend reinvested shares for a total of 28,060.

Remarks:

	George Boyan, POA Amanda Roche, FVP/Controller	09/04/2026
	** 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)