Form 4: Unity Bancorp CEO James A. Hughes Reports Stock Disposal

James A. Hughes, President/CEO of Unity Bancorp, reports the disposal of 900 shares of common stock on April 24, 2025.

Summary

• James A. Hughes, the President and CEO of Unity Bancorp, filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
• On April 24, 2025, Hughes disposed of 900 shares of common stock at a price of $42.03 per share.
• Following the transaction, Hughes directly owns 164,322 shares of common stock, including shares held in various accounts.
• He also directly owns 43,824 shares of restricted stock and holds options to purchase 98,000 shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an insider. The disposal of shares could be interpreted negatively, but without further context, it's a routine filing.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell a small portion of their holdings.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, James A. Hughes, Unity Bancorp, UNTY, Insider Trading