Richards Jay D. 4
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BankUnited (BKU) Chief Risk Officer Jay D. Richards Sells 3,506 Shares
What Happened Jay D. Richards, Chief Risk Officer of BankUnited, N.A. (a wholly owned subsidiary of BankUnited, Inc.), sold 3,506 shares of BankUnited common stock on February 3, 2026. The transaction was executed at $49.83 per share for a total proceeds of $174,704. The filing indicates this was a sale (transaction code S) and the sale was conducted under Rule 144.
Key Details
- Transaction date and price: Feb 3, 2026 — 3,506 shares at $49.83 each.
- Total value: $174,704 (proceeds from the sale).
- Method: Open-market or private sale, reported under Rule 144 (footnote F1).
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing timeliness: Report filed Feb 4, 2026 for a Feb 3 transaction (not marked late).
Context
- This filing reports a routine insider sale rather than a purchase; sales by officers can reflect many reasons (personal liquidity, tax planning, sales of restricted shares), and do not by themselves indicate a change in company outlook.
- Rule 144 sales often involve previously restricted or control securities that become eligible for resale under SEC rules.