STOCK TITAN

Unity Bancorp (UNTY) director reports 3,300-share option exercise and sale

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

Rhea-AI Filing Summary

Unity Bancorp Inc reported that a director exercised stock options for 3,300 shares of common stock at $22.57 per share on 12/11/2025, then sold 3,300 shares of common stock at $54.5 per share the same day. After these transactions, the director directly owned 18,479 shares of common stock and 4,875 shares of restricted stock, for total beneficial ownership of 23,354 shares.

The 18,479 common shares consist of 17,390 shares held in a Shareworks account and 1,089 shares held in a brokerage account, while the 4,875 restricted shares are held at Computershare with upcoming vesting dates. The stock option exercised carried a $22.57 exercise price, related to 3,300 underlying common shares, and now shows 0.00 derivative securities beneficially owned with an expiration date of 01/02/2030.

Positive

  • None.

Negative

  • None.
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*
Gross Mary E.

(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)
12/11/2025
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
Common Stock 12/11/2025 M 3,300 A $22.57 21,779 D
Common Stock 12/11/2025 S 3,300 D $54.5 18,479(1) D
Restricted Stock 4,875(2) 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 Option (Right to Buy) $22.57 12/11/2025 M 3,300 (3) 01/02/2030 Common Stock 3,300 $0.00 0.00 D
Explanation of Responses:
1. 18,479 shares consisting of 17,390 shares held in an account at Shareworks, and 1,089 shares are held in a brokerage account.
2. 4,875 shares are held in an account at Computershare, which have upcoming vesting dates.
3. Vested 2,200 share(s) on 02-Jan-2021, 2,200 share(s) on 02-Jan-2022, 2,200 share(s) on 02-Jan-2023.
Remarks:
Total Beneficial Ownership: 23,354
Mary E. Gross, POA Amanda Roche, Finance Department Supervisor/VP 12/15/2025
** 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.

FAQ

What insider transaction did a Unity Bancorp (UNTY) director report?

A Unity Bancorp director reported exercising stock options for 3,300 shares of common stock at $22.57 per share on 12/11/2025, followed by a sale of 3,300 shares of common stock at $54.5 per share on the same date.

How many Unity Bancorp (UNTY) shares does the insider now beneficially own?

The director now has total beneficial ownership of 23,354 shares, consisting of 18,479 shares of common stock and 4,875 shares of restricted stock.

How are the Unity Bancorp (UNTY) common shares held by the insider allocated?

The 18,479 common shares are made up of 17,390 shares held in an account at Shareworks and 1,089 shares held in a brokerage account.

What details are provided about the restricted stock held by the Unity Bancorp insider?

The director holds 4,875 shares of restricted stock in an account at Computershare, and these shares have upcoming vesting dates as noted in the disclosure.

What are the terms of the Unity Bancorp stock option that was exercised?

The exercised stock option had a $22.57 exercise price and covered 3,300 underlying common shares, with an expiration date of 01/02/2030. After the exercise, 0.00 derivative securities of this option remain beneficially owned.

On what date did the reported Unity Bancorp (UNTY) insider transactions occur?

Both the stock option exercise and the sale of common shares were reported with a transaction date of 12/11/2025.

Unity Bancorp

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555.78M
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Banks - Regional
State Commercial Banks
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United States
CLINTON