Unity Bancorp President and director George Boyan reported routine equity compensation-related transactions. On March 15 and 16, a total of 2,080 Restricted Stock shares were withheld at $50.01 per share to cover tax liabilities on vested awards of 2,750 and 3,000 shares. Following these withholdings, Boyan directly holds 27,810 restricted shares and 32,131 common shares, reflecting ongoing equity ownership rather than open-market trading.
Unity Bancorp CEO James A. Hughes reported routine share withholdings to cover taxes on vesting restricted stock, rather than open-market sales. On March 15 and 16, 2026, a total of 3,638 Restricted Stock shares were withheld at $50.01 per share for tax liabilities tied to a 4,500-share restricted stock vesting on each date.
After these tax-withholding dispositions, Hughes directly holds 39,824 restricted shares, including 824 dividend reinvested shares, and 183,141 Common Stock shares across brokerage, plan, and transfer agent accounts. These entries show his updated equity position following routine compensation-related tax events.
Unity Bancorp Inc. director and ten percent owner Robert H. Dallas II reported a series of option exercises and related share sales. On March 12, 2026, he exercised stock options for a total of 17,300 shares of common stock at exercise prices ranging from $15.70 to $22.57 per share, then sold 7,088 shares of common stock in open-market trades at a weighted average price of $49.70 per share. On March 13, 2026, he sold an additional 7,725 shares at a weighted average price of $49.60 per share. A footnote states that the sale executed the following day after the exercises was made to cover anticipated tax liability. After these transactions, he holds 32,073 common shares directly, 4,924 restricted shares, and 1,775,735 common shares indirectly through Dallas Financial Holdings, LLC.
Robert Dallas reports a proposed sale of Common Stock totaling 7,725 shares by notice of Section 144. The filing lists an intended disposition of 7,725 shares via Morgan Stanley Smith Barney LLC with an aggregate amount of $383,197.08 and references 03/12/2026 and 03/13/2026.
The filing also shows prior sales of 7,088 shares on 03/12/2026 for $352,200.80 during the past three months. Transaction method is listed as exercised shares and settlement by cash.
Unity Bancorp President George Boyan reported routine equity compensation activity. He received 10,250 restricted shares on 3/10/2026 under the 2023 Equity Compensation Plan, scheduled to vest in four annual installments from 3/10/2027 through 3/10/2030.
On 3/11/2026, 859 shares were withheld at $50.40 per share to cover taxes on a 2,375-share restricted stock vesting. After these entries, he directly holds 33,560 restricted shares and 28,461 common shares.
Unity Bancorp CEO James A. Hughes reported routine equity compensation activity. On March 10, 2026, he received a grant of 15,000 restricted shares from the 2023 Equity Compensation Plan, vesting in four equal installments of 3,750 shares each year from March 10, 2027 through March 10, 2030.
On March 11, 2026, 1,415 restricted shares were withheld at $50.40 per share to cover taxes on a 3,500-share restricted stock vesting, a non‑market disposition. After these changes, he directly holds 48,824 restricted shares and 177,779 common shares, along with 89,000 stock options that are described as fully exercisable.
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.
Unity Bancorp Inc. President George Boyan reported a tax-related share transaction. On the vesting of 3,000 restricted shares, 1,085 restricted shares were withheld at $51.08 per share to cover tax liability, a standard non‑open‑market disposition. After this, he directly holds 25,685 restricted shares and 26,945 common shares across reported accounts.