Unity Bancorp CFO granted 2,000 restricted shares

Unity Bancorp Chief Financial Officer James R. Davies reported equity compensation-related share movements.

Rhea-AI Filing Summary

Unity Bancorp Chief Financial Officer James R. Davies reported equity compensation-related share movements. On January 27, 2026, 133 restricted shares were withheld at $52.33 per share to cover taxes on the vesting of 313 restricted shares. The same day, he received a grant of 2,000 restricted shares under the 2023 Equity Compensation Plan, vesting in four equal annual installments of 500 shares from January 27, 2027 through January 27, 2030. Following these transactions, he beneficially owns 6,133 UNTY shares in total, consisting of 4,188 restricted shares (including dividend reinvested shares) and 1,945 shares of common stock held in brokerage and plan accounts.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Davies James R

Role Chief Financial Officer/FSVP

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Restricted Stock	133	$52.33	$7K
Grant/Award	Restricted Stock	2,000	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock — 4,188 shares (Direct); Common Stock — 1,945 shares (Direct)

Footnotes (4)

1. F1. 133 shares were withheld @ $52.33 per share to cover tax liability on 313 restricted shares vesting.
2. 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.
3. F3. 4,062 shares are held in Computershare which have upcoming vesting dates. 126 shares are dividend reinvested shares for a total of 4,188.
4. F4. 1,945 shares consisting of 1,795 shares held in an account at Shareworks and 150 shares held in a brokerage account.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Unity Bancorp (UNTY) disclose for its CFO?

Unity Bancorp disclosed that CFO James R. Davies had 133 restricted shares withheld to cover tax on 313 vesting shares and received a grant of 2,000 new restricted shares. These awards are part of his equity compensation and vest over four years.

How many Unity Bancorp (UNTY) restricted shares were granted to the CFO?

James R. Davies was granted 2,000 restricted Unity Bancorp shares on January 27, 2026 under the 2023 Equity Compensation Plan. The grant vests in four equal installments of 500 shares each year from January 27, 2027 through January 27, 2030.

Why were 133 Unity Bancorp (UNTY) shares withheld from the CFO?

The 133 restricted shares were withheld at $52.33 per share to cover tax liabilities on 313 restricted shares that vested. This is a non-open-market, tax-related withholding rather than a discretionary sale, commonly used in stock-based compensation programs.

What is the Unity Bancorp (UNTY) CFO’s total reported share ownership?

After the reported transactions, CFO James R. Davies beneficially owns 6,133 Unity Bancorp shares. This includes 4,188 restricted shares held at Computershare, with some from dividend reinvestment, and 1,945 common shares held across Shareworks and a brokerage account.

How are the Unity Bancorp (UNTY) CFO’s new restricted shares scheduled to vest?

The 2,000 newly granted restricted shares vest over four years. Vesting begins with 500 shares on January 27, 2027, followed by 500 shares each on January 27, 2028, January 27, 2029, and January 27, 2030, subject to plan terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/28/2026 - 05:26 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^*

Davies James R

(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 Financial 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		133(1)	D	$52.33	2,188	D
Restricted Stock	01/27/2026		A		2,000(2)	A	$0.00	4,188(3)	D
Common Stock								1,945(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. 133 shares were withheld @ $52.33 per share to cover tax liability on 313 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. 4,062 shares are held in Computershare which have upcoming vesting dates. 126 shares are dividend reinvested shares for a total of 4,188.

4. 1,945 shares consisting of 1,795 shares held in an account at Shareworks and 150 shares held in a brokerage account.

Remarks:

Total Beneficial Ownership: 6,133

	James Davies, 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.
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.