[Form 4] UNITY BANCORP INC /NJ/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Unity Bancorp CEO James A. Hughes reported a tax-related share disposition tied to equity compensation. On March 8, 2026, 1,819 restricted shares were withheld at $51.08 per share to cover tax liability on the vesting of 4,500 restricted shares, a non‑open‑market, tax-withholding disposition.
After this transaction, he directly holds 37,324 restricted shares, including 36,500 restricted shares with upcoming vesting dates and 824 dividend reinvestment shares. He also directly holds 175,694 common shares across several accounts and 89,000 stock options that are currently exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
HUGHES JAMES A
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock | 1,819 | $51.08 | $93K |
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 37,324 shares (Direct);
Stock Options (Right to buy) — 0 shares (Direct);
Common Stock — 175,694 shares (Direct)
Footnotes (1)
- 1,819 shares were withheld @ $51.08 per share to cover tax liability on 4,500 restricted stock vesting. 36,500 restricted shares are held in an account at Computershare, which have upcoming vesting dates. 824 shares are dividend reinvested shares for a total of 37,324. 175,694 shares consisting of 149,130 in an account at Shareworks, 6,085 shares held in an account at Computershare, 11,097 shares held in street name, and 9,382 shares are held in a 401K plan. 89,000 stock options were granted under various dates and vesting periods of which all are currently exercisable.