Unity Bancorp (NASDAQ: UNTY) CFO now owns 6,079 shares after tax withholding
Rhea-AI Filing Summary
UNITY BANCORP INC (UNTY) reports that Chief Financial Officer James R. Davies had 91 restricted shares withheld on August 16, 2026 at $61.82 per share to cover tax liability on the vesting of 250 restricted shares. After this tax-withholding disposition, he directly holds 3,963 restricted shares (including 151 dividend reinvested shares) and 2,116 shares of common stock, for total beneficial ownership of 6,079 shares.
Positive
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Negative
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Insider Trade Summary
Net Seller: 91 shares
Net Sell
2 txns
Insider
Davies James R
Role
Chief Financial Officer/FSVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock F1, F2 | 91 | $61.82 | $6K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 3,963 shares (Direct);
Common Stock — 2,116 shares (Direct)
Footnotes (3)
- F1. 91 shares were withheld @ $61.82 per share to cover tax liability on 250 restricted shares vesting.
- F2. 3,812 shares are held in Computershare which have upcoming vesting dates. 151 shares are dividend reinvested shares for a total of 3,963.
- F3. 2,116 shares consisting of 1,966 sharers held in an account at Shareworks, and 150 shares held in a brokerage account.
Key Figures
Shares withheld for taxes: 91 shares
Withholding price per share: $61.82 per share
Restricted shares vesting: 250 shares
+5 more
8 metrics
Shares withheld for taxes
91 shares
Restricted shares withheld on August 16, 2026 to cover tax liability
Withholding price per share
$61.82 per share
Value applied to the 91 withheld restricted shares
Restricted shares vesting
250 shares
Restricted shares vesting that triggered the tax liability
Restricted shares after transaction
3,963 shares
Restricted stock holdings following the August 16, 2026 transaction
Common shares held directly
2,116 shares
Direct common stock holdings after the reported transactions
Total beneficial ownership
6,079 shares
Total beneficial ownership reported in the remarks section
Dividend reinvested shares
151 shares
Portion of restricted holdings identified as dividend reinvested shares
Computershare restricted holdings
3,812 shares
Restricted shares held in Computershare with upcoming vesting dates
Key Terms
Restricted Stock, tax liability, dividend reinvested shares, beneficial ownership
4 terms
Restricted Stock financial
"security_title: "Restricted Stock""
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax liability financial
"to cover tax liability on 250 restricted shares vesting"
beneficial ownership financial
"Remarks: Total Beneficial Ownership: 6,079"
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
What insider transaction did UNTY CFO James R. Davies report?
James R. Davies reported a withholding of 91 restricted shares on August 16, 2026 to cover tax liability related to vesting of 250 restricted shares, rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
