4Filed Aug 10, 8:00 PM ET
Unity (U) Director Egon Durban Acquires 21,537 Shares
$U · Unity Software Inc.Research Summary
AI-generated summary of this SEC filing
Unity (U) Director Egon Durban Acquires 21,537 Shares
What Happened
- Egon Durban, a director of Unity Software Inc. (ticker: U), reported an acquisition of 21,537 common shares on August 7, 2026. The transaction is reported as an "other acquisition or disposition" (code J) and the filing shows no per‑share price or total value (N/A). According to the filing, the shares were acquired from a limited partnership pursuant to a redemption request.
Key Details
- Transaction date: August 7, 2026 (reported on Form 4 filed August 11, 2026). Filing appears to be late (filed beyond the standard two business‑day reporting window).
- Price/Value: Not disclosed in the filing (listed as N/A).
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes:
- F1: Shares were acquired from a limited partnership pursuant to a June 30, 2026 redemption request.
- F2, F7, F8 and related notes indicate various indirect and direct ownership through trusts, limited partnerships, and Silver Lake affiliates.
- F6/F9: Some securities are held or managed through Silver Lake entities; Mr. Durban may be deemed to have an indirect interest and may remit proceeds to Silver Lake per his arrangement. The filing disclaims beneficial ownership except to extent of any pecuniary interest.
- Filing timeliness: Transaction on Aug 7, Form 4 filed Aug 11 — appears late under Section 16 reporting rules.
Context
- This was not an open‑market buy or sale but an internal transfer/acquisition via a limited‑partnership redemption. Such redemptions often reflect changes in fund ownership or partner liquidity and do not necessarily signal the director's personal decision to buy or sell on the open market.
- Because the filing shows no price and involves multiple entities/partnerships, the economic significance to Mr. Durban and whether proceeds are retained by Silver Lake or its funds is clarified in the footnotes (possible remittance to Silver Lake).