Unity Software (U) Director Roelof Botha Receives 461,106 Shares

What Happened
Roelof Botha, a director of Unity Software (U), was credited with 461,106 shares on 2026-08-07 via an in‑kind pro rata distribution. The filing reports an acquisition at $0.00 per share (no cash paid), so the transaction did not involve an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-07; Form 4 filed: 2026-08-10.
• Transaction type/code: "Other acquisition or disposition" (Code J) — reported as an in‑kind distribution.
• Shares acquired: 461,106; reported price: $0.00 (no purchase price).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares were received as part of a pro rata in‑kind distribution to partners of investment funds in which the reporting person's estate planning vehicles are partners.
• Additional remark: The filer states he is no longer deemed to beneficially own securities previously reported solely by virtue of affiliation with funds managed/advised by affiliates of Sequoia Capital Operations, LLC.
• No 10b5‑1 plan, tax withholding, or immediate sale noted in this filing.

Context
An in‑kind distribution typically reflects a fund distributing underlying shares to its partners (for example during a liquidation or restructuring) rather than the insider buying shares on the open market. Because no cash was exchanged and no sale occurred, this item does not necessarily signal a change in the insider’s market view of the company.