Mackey James G. 4

What Happened

James G. Mackey, Chief Financial Officer of BankUnited, was granted 8,858 restricted share units (RSUs) on April 1, 2026. The award is reported as a derivative acquisition at $0.00 per unit (i.e., an RSU grant, not a cash purchase), and will convert to shares of common stock or cash based on fair market value at settlement.

Key Details

• Transaction date and filing: Grant dated 2026-04-01; Form 4 filed 2026-04-02 (timely filing).
• Amount and price: 8,858 RSUs granted at $0.00 per unit (derivative award).
• Vesting schedule (footnote): 2,953 units vest 12/31/2026; 2,952 units vest 12/31/2027; 2,953 units vest 12/31/2028.
• Plan: Issued under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote explained: Each RSU represents the right to receive one share of common stock or a cash amount equal to the fair market value of one share at settlement.

Context

This was a compensation-related grant (award of RSUs), not an open-market purchase or sale. RSUs are derivative awards that convert to stock or cash upon vesting/settlement according to the stated schedule and plan terms. Such grants are routine for executive compensation and do not by themselves indicate a market buy or sell intent.