STOCK TITAN

Unity Bancorp (UNTY) officer sells 265 shares, holds 5,200 restricted

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Unity Bancorp officer James Joseph Donovan, the company’s Chief Lending Officer and FSVP, reported a small insider stock sale. On January 29, 2026, he sold 265 shares of common stock at a price of $52.11 per share, leaving him with no unrestricted common shares.

Following this transaction, his reported beneficial holdings consist of 5,200 shares of restricted stock, held in an account at Computershare with upcoming vesting dates. Total reported beneficial ownership after the sale is 5,200 shares, all in restricted form.

Positive

  • None.

Negative

  • None.
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)
01/29/2026
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
Common Stock 01/29/2026 S 265 D $52.1101(1) 0.00 D
Restricted Stock 5,200(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
Explanation of Responses:
1. This transaction was executed at a price of $52.11 USD.
2. 5,200 restricted shares are held in an account at Computershare which have upcoming vesting dates.
Remarks:
Total Beneficial Ownership: 5,200
James J. Donovan, POA Amanda Roche, FVP/Controller 01/29/2026
** 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.

FAQ

What insider transaction did Unity Bancorp (UNTY) report for James Joseph Donovan?

Unity Bancorp reported that officer James Joseph Donovan sold 265 shares of common stock. The sale occurred on January 29, 2026, at $52.11 per share. After this trade, he reported no unrestricted common shares but continued to hold 5,200 restricted shares.

At what price were the Unity Bancorp (UNTY) shares sold in this Form 4 filing?

The reported sale of Unity Bancorp common stock was executed at $52.11 per share. The transaction covered 265 shares on January 29, 2026. This price is disclosed as a single execution price in the filing’s explanatory footnote for the insider transaction.

How many Unity Bancorp (UNTY) shares does James Joseph Donovan beneficially own after the reported transaction?

After the reported sale, James Joseph Donovan’s total beneficial ownership is 5,200 shares. These are entirely restricted stock, held at Computershare with upcoming vesting dates. The filing shows zero common stock shares remaining as unrestricted holdings following the transaction.

What role does James Joseph Donovan hold at Unity Bancorp (UNTY)?

James Joseph Donovan serves as an officer of Unity Bancorp, holding the title Chief Lending Officer/First Senior Vice President. His position and relationship to the issuer are disclosed in the filing, which helps investors understand his level of responsibility and access to company information.

Are the remaining Unity Bancorp (UNTY) shares held by James Joseph Donovan restricted?

Yes, the remaining 5,200 Unity Bancorp shares reported for James Joseph Donovan are restricted stock. The filing notes they are held in an account at Computershare and have upcoming vesting dates, meaning they are subject to vesting conditions before becoming freely tradable.
Unity Bancorp

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