Form 4: Unity Bancorp Officer Sells Shares
SEC Form 4 Filing
Vincent Geraci, an officer at Unity Bancorp, sold 1,811 shares of common stock at an average price of $50.82 on February 6, 2025.
Summary
- On February 6, 2025, Vincent Geraci, Director Mortgage Lending/FSVP at Unity Bancorp, sold 1,811 shares of common stock.
- The sale was executed at a weighted average price of $50.82, with individual trades ranging from $50.72 to $50.86.
- Following the transaction, Geraci directly owns 0 shares of common stock.
- Geraci also beneficially owns 8,312 restricted shares held in an account at Computershare, which have upcoming vesting dates.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock sale transaction |
| 02/07/2025 | Date of Form 4 filing |
Keywords
Form 4, Unity Bancorp, UNTY, Insider Trading, Stock Sale, Vincent Geraci, Restricted Stock
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