Unity Bancorp (UNTY) officer logs tax withholding on vesting shares

Rhea-AI Filing Summary

Unity Bancorp Inc. executive James Donovan, Chief Lending Officer/FSVP, reported a tax-related share withholding transaction. On 01/02/2026, 210 shares of restricted stock were withheld at $51.08 per share to cover taxes on 625 restricted shares that vested.

After this transaction, Donovan beneficially owns 3,600 restricted shares held at Computershare, which have upcoming vesting dates, and 777 shares of common stock held at Shareworks, for a total reported beneficial ownership of 4,377 shares.

Insider Trade Summary

Net Seller: 210 shares

Net Sell 2 txns

Insider Donovan James Joseph

Role Chief Lending Officer/FSVP

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Restricted Stock	210	$51.08	$11K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock — 3,600 shares (Direct); Common Stock — 777 shares (Direct)

Footnotes (3)

1. F1. 210 shares were withheld @ $51.08 per share to cover tax liability on 625 restricted shares vesting.
2. F2. 3,600 restricted shares are held in an account at Computershare, which have upcoming vesting dates.
3. F3. 777 shares are held in an account at Shareworks.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/06/2026 - 04:09 PM Learn about SEC filing dates

FAQ

What insider transaction did UNTY’s James Donovan report?

James Donovan reported that 210 restricted shares of Unity Bancorp Inc. stock were withheld to cover tax liability when 625 restricted shares vested on 01/02/2026.

At what price were the Unity Bancorp shares withheld for taxes?

The 210 restricted shares were withheld at a price of $51.08 per share to satisfy Donovan’s tax obligations on the vesting restricted stock.

How many Unity Bancorp restricted shares does James Donovan now hold?

Following the reported transaction, James Donovan holds 3,600 restricted shares of Unity Bancorp Inc. in an account at Computershare, with upcoming vesting dates.

How many Unity Bancorp common shares does James Donovan own directly?

James Donovan beneficially owns 777 shares of common stock of Unity Bancorp Inc., held in an account at Shareworks.

What is James Donovan’s total reported beneficial ownership in UNTY?

The remarks state that Donovan’s total reported beneficial ownership is 4,377 shares, combining his restricted stock and common stock holdings.

What is James Donovan’s role at Unity Bancorp Inc.?

James Donovan is reported as an officer of Unity Bancorp Inc., serving as Chief Lending Officer/FSVP.

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^*

Donovan James Joseph

(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 Lending Officer/FSVP

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		F		210(1)	D	$51.08	3,600(2)	D
Common Stock								777(3)	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. 210 shares were withheld @ $51.08 per share to cover tax liability on 625 restricted shares vesting.

2. 3,600 restricted shares are held in an account at Computershare, which have upcoming vesting dates.

3. 777 shares are held in an account at Shareworks.

Remarks:

Total Beneficial Ownership: 4,377

	James J. Donovan, POA Amanda Roche, Finance Department Supervisor/VP	01/02/2026
	** 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.