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