Form 4: Unity Software Director David Helgason Sells Shares Under 10b5-1 Trading Plan

Director David Helgason of Unity Software Inc. sold shares of common stock between February 26, 2025, and February 28, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• David Helgason, a director at Unity Software Inc., sold shares of the company's common stock between February 26 and February 28, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 10, 2024.
• The transactions involved multiple sales at varying prices within specified ranges.
• On February 26, 2025, Helgason sold 19,049 shares at a weighted average price of $26.5844 and 19,875 shares at a weighted average price of $27.2353.
• On February 27, 2025, 22,397 shares were sold at a weighted average price of $25.8772 and 16,527 shares at a weighted average price of $26.3226.
• On February 28, 2025, Helgason sold 23,405 shares at a weighted average price of $25.536 and 15,519 shares at a weighted average price of $26.2981.
• Following these transactions, Helgason directly owns 10,493 shares and indirectly owns 7,750,646 shares through investment vehicles.
• The reporting person has committed to providing full information regarding the number of shares sold at each separate price within the ranges upon request.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a company director. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives and directors to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sales by a director could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this.

Key Dates