Form 4: Unity Software SVP, Chief Legal Officer Anirma Gupta Sells Shares Under 10b5-1 Plan

Anirma Gupta, SVP and Chief Legal Officer of Unity Software, sold 456 shares of common stock at $22.96 per share on January 15, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Anirma Gupta, the SVP and Chief Legal Officer at Unity Software, sold 456 shares of common stock.
• The sale occurred on January 15, 2025, at a price of $22.96 per share.
• The transaction was executed under a Rule 10b5-1 trading plan adopted on August 15, 2024.
• Following the transaction, Gupta directly owns 575,355 shares of Unity Software stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of an insider stock sale under a pre-arranged plan, which is neither positive nor negative for the company's overall outlook.

Industry Context

This is a routine disclosure of an insider stock sale, which is common for executives of publicly traded companies. The use of a 10b5-1 plan indicates the sale was pre-planned and not based on any non-public information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice for executives at publicly traded companies like Unity Software to avoid accusations of insider trading.
• Similar filings are regularly made by executives at comparable companies such as Autodesk, Epic Games, and Adobe, when they sell shares.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-planned nature of the transaction.

Key Dates

Keywords

Unity Software, Anirma Gupta, insider trading, SEC Form 4, stock sale, Rule 10b5-1, executive, share transaction