Form 4: Unity Bancorp Officer's Restricted Stock Vesting & Tax Withholding

Unity Bancorp officer Vincent Geraci reported routine restricted stock vesting and associated tax withholdings on December 9 and 10, 2025.

Summary

• Vincent Geraci, an officer (Director Mortgage Lending/FSVP) of Unity Bancorp Inc. (UNTY), reported changes in beneficial ownership.
• On December 9, 2025, 272 restricted shares were withheld at $52.50 per share to cover tax liability on 750 restricted shares that vested.
• Following this transaction, 7,562 restricted shares are held in an account at Computershare, with upcoming vesting dates.
• On December 10, 2025, 294 restricted shares were withheld at $54.43 per share to cover tax liability on 812 restricted shares that vested.
• After this second transaction, 6,750 restricted shares are held in an account at Computershare, also with upcoming vesting dates.
• Additionally, 996 common shares are held in an account at Shareworks.
• The total beneficial ownership for Vincent Geraci is 7,746 shares.

Sentiment

Score: 5

Explanation: The filing reports routine, non-discretionary transactions related to restricted stock vesting and tax withholding, which are standard compensation events and do not indicate a change in company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report specific to an individual officer's compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Minimal direct impact on shareholders as these are routine compensation-related transactions.
• The officer's overall beneficial ownership remains substantial, indicating continued alignment with shareholder interests.

Next Steps

• Upcoming vesting dates for the remaining restricted shares held by the reporting person.

Key Dates

Recommendation

This Form 4 filing details routine, non-discretionary transactions related to the vesting of restricted stock and the withholding of shares to cover tax obligations for an officer. Such transactions are standard components of executive compensation and do not provide new material information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. The overall beneficial ownership by the officer remains significant, indicating continued alignment with shareholder interests.

Keywords

Unity Bancorp, UNTY, Form 4, Insider Transaction, Restricted Stock, Stock Vesting, Tax Withholding, Vincent Geraci, Officer