Unity Bancorp Inc. (UNTY) discloses officer's restricted stock activity

Rhea-AI Filing Summary

Unity Bancorp Inc.’s Chief Information Officer/SVP reported insider equity activity involving restricted stock used to cover tax withholding. On 12/09/2025, 138 restricted shares were withheld at $52.50 per share, and on 12/10/2025, 144 restricted shares were withheld at $54.43 per share, each tied to vesting restricted stock awards.

After these transactions, the officer reports holding 4,025 and 3,500 restricted shares in Computershare accounts with upcoming vesting dates, plus 11,027 common shares in a Shareworks account. The filing also discloses 13,000 stock options that are currently exercisable and states total beneficial ownership of 27,527 shares.

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

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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^*

Bove David G

(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 Information Officer/SVP

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025

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
Restricted Stock	12/09/2025		F		138(1)	D	$52.5	4,025(2)	D
Restricted Stock	12/10/2025		F		144(3)	D	$54.43	3,500(4)	D
Common Stock								11,027(5)	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 Options (Right to buy)	(6)							(6)	(6)	Common Stock	(6)		13,000(6)	D

Explanation of Responses:

1. 138 shares were withheld @ $52.50 per share to cover tax liability on 500 restricted shares vesting.

2. 4,025 restricted shares are held in an account in Computershare, which have upcoming vesting dates.

3. 144 shares were withheld @ $54.43 per share to cover tax liability on 525 restricted shares vesting.

4. 3,500 restricted shares are held in an account in Computershare, which have upcoming vesting dates.

5. 11,027 shares are held in an account at Shareworks.

6. 13,000 stock options were granted under various dates and vesting periods all of which are currently exercisable.

Remarks:

Total Beneficial Ownership: 27,527

	David Bove, POA Amanda Roche, Finance Department Supervisor/VP	12/10/2025
	** 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).
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FAQ

What insider activity did Unity Bancorp (UNTY) disclose in this Form 4?

The filing reports that a Unity Bancorp officer had restricted shares withheld to cover taxes on vesting awards: 138 shares at $52.50 per share on 12/09/2025 and 144 shares at $54.43 per share on 12/10/2025.

How many Unity Bancorp (UNTY) restricted shares does the officer hold after these transactions?

After the reported tax-withholding transactions, the officer holds 4,025 restricted shares and 3,500 restricted shares in Computershare accounts, both described as having upcoming vesting dates.

How many Unity Bancorp (UNTY) common shares are reported as owned?

The filing states that the officer beneficially owns 11,027 Unity Bancorp common shares held in an account at Shareworks.

What stock options are disclosed for the Unity Bancorp (UNTY) officer?

The report discloses 13,000 stock options granted on various dates with different vesting periods, and notes that all of these options are currently exercisable.

What is the total beneficial ownership reported for the Unity Bancorp insider?

In the remarks section, the filing states a total beneficial ownership of 27,527 Unity Bancorp shares.

What is the relationship of the reporting person to Unity Bancorp (UNTY)?

The reporting person is identified as an officer of Unity Bancorp, serving as Chief Information Officer/SVP, and the equity positions are reported as held with direct ownership.