Form 4: Unity Bancorp Officer James Joseph Donovan Reports Stock Transaction
SEC Form 4 Filing
James Joseph Donovan, Chief Lending Officer/FSVP of Unity Bancorp, reports the withholding of 83 restricted shares to cover tax liability and discloses beneficial ownership of 4,892 shares.
Summary
- On May 18, 2025, James Joseph Donovan, Chief Lending Officer/FSVP of Unity Bancorp, filed a Form 4.
- The transaction involved the withholding of 83 restricted shares at $45.11 per share to cover tax liability on 250 restricted shares vesting.
- Following the transaction, Donovan beneficially owns 4,725 restricted shares held in an account at Computershare with upcoming vesting dates.
- Donovan also owns 167 common shares held in an account at Shareworks.
- The total beneficial ownership reported is 4,892 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/18/2025 | Date of the stock transaction (withholding of restricted shares). |
| 05/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Unity Bancorp, UNTY, James Joseph Donovan, Restricted Stock, Tax Liability, Vesting
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