Unity Bancorp director Maricondo sells 470 shares

The disclosed post-transaction position included 49,943 shares and 16,800 currently exercisable stock options.

Rhea-AI Filing Summary

UNITY BANCORP INC director Peter E. Maricondo exercised options on October 20, 2026, for 1,600 common shares at a $15.70 exercise price, then sold 470 shares at a weighted average of $56.2459 per share. The sale was executed in multiple trades at prices ranging from $56.17 to $56.28 per share. No Rule 10b5-1 plan is reported.

The reported position after the sale included 49,943 shares, including 4,000 restricted shares with upcoming vesting dates, and 16,800 stock options, all currently exercisable. Total beneficial ownership was reported as 66,743.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Maricondo Peter E

Role Director

Sold 470 shs ($26K)

Approx. gross sale proceeds $26K

Approx. exercise cost $25K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F3, F4	1,600	$0.00	$0.00
Exercise	Common Stock	1,600	$15.70	$25K
Sale	Common Stock F1, F2	470	$56.2459	$26K

Holdings After Transaction: Stock Option (Right to Buy) — 16,800 contracts (Direct); Common Stock — 49,943 shares (Direct)

Footnotes (4)

1. F1. This transaction was executed in multiple trades at prices ranging from $56.17 USD to $56.28 USD; the price reported above reflects the weighted average sale price.
2. F2. 49,943 shares consisting of 43,814 shares held in an account at Shareworks, 2,129 shares held in a brokerage account, and 4,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
3. F3. Vests 534 share(s) on 03-Jan-2018, 533 share(s) on 03-Jan-2019, 533 share(s) on 03-Jan-2020
4. F4. 16,800 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Key Figures

Common shares acquired through option exercise: 1,600 shares Exercise price: $15.70 per share Common shares sold: 470 shares +4 more

7 metrics

Common shares acquired through option exercise 1,600 shares October 20, 2026

Exercise price $15.70 per share Options exercised October 20, 2026

Common shares sold 470 shares October 20, 2026

Weighted average sale price $56.2459 per share Sale executed in multiple trades at $56.17 to $56.28 per share

Shares reported after sale 49,943 shares Includes 4,000 restricted shares with upcoming vesting dates

Stock options 16,800 options All currently exercisable

Total beneficial ownership 66,743 Reported total

Key Terms

Stock Option (Right to Buy), weighted average sale price, beneficial ownership

3 terms

Stock Option (Right to Buy) financial

"Stock Option (Right to Buy)"

weighted average sale price financial

"reflects the weighted average sale price"

beneficial ownership financial

"Total Beneficial Ownership: 66,743"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

What shares did the UNTY director exercise and sell?

On October 20, 2026, director Peter E. Maricondo exercised options for 1,600 common shares at a $15.70 exercise price, then sold 470 common shares at a weighted average $56.2459 per share. The sale was executed in multiple trades ranging from $56.17 to $56.28 per share. No Rule 10b5-1 plan is reported.

What was Peter E. Maricondo's reported UNTY ownership after the transactions?

Total beneficial ownership was reported as 66,743. The share position footnote lists 49,943 shares, including 43,814 held in a Shareworks account, 2,129 in a brokerage account, and 4,000 restricted shares with upcoming vesting dates. The reported 16,800 stock options were all currently exercisable.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/22/2026 - 09:23 AM EDT Accepted by SEC EDGAR 10/22/2026 - 09:23 AM EDT 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^*

Maricondo Peter E

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/20/2026

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	10/20/2026		M		1,600	A	$15.7	50,413	D
Common Stock	10/20/2026		S		470	D	$56.2459(1)	49,943(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)	$15.7	10/20/2026		M			1,600	(3)	01/03/2027	Common Stock	1,600	$0.00	16,800(4)	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $56.17 USD to $56.28 USD; the price reported above reflects the weighted average sale price.

2. 49,943 shares consisting of 43,814 shares held in an account at Shareworks, 2,129 shares held in a brokerage account, and 4,000 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

3. Vests 534 share(s) on 03-Jan-2018, 533 share(s) on 03-Jan-2019, 533 share(s) on 03-Jan-2020

4. 16,800 stock options were granted under various dates and vesting periods of which all are currently exercisable.

Remarks:

Total Beneficial Ownership: 66,743

	Peter E. Maricondo, POA Amanda Roche, FVP/Controller	10/21/2026
	** 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)