Bansal Rishi 4
Research Summary
AI-generated summary
BankUnited (BKU) CIO Rishi Bansal Receives Award
What Happened
- Rishi Bansal, Chief Investment Officer of BankUnited, N.A. (a wholly owned subsidiary of BankUnited, Inc.), was granted 8,690 restricted stock units (RSUs) on 2026-04-01. The transaction is reported as an award/derivative acquisition (code A) at $0.00 per unit (grant date), with no immediate cash outlay.
- These RSUs represent a right to receive one share of common stock (or cash equal to the fair market value) at settlement. The grant is compensation rather than an open-market purchase or sale.
Key Details
- Transaction date and filing: Grant dated 2026-04-01; Form 4 filed 2026-04-02 (appears timely).
- Transaction type/code: Award/Grant (A); derivative acquisition reported at $0.00 per unit.
- Units granted: 8,690 RSUs total.
- Vesting schedule (footnote): 2,897 units vest 12/31/2026; 2,896 units vest 12/31/2027; 2,897 units vest 12/31/2028.
- Plan: Issued under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan.
- Shares owned after transaction: Not disclosed in this Form 4.
- Reporting note: The filer is the CIO of the bank subsidiary (per the Remarks).
Context
- RSU awards are a form of compensation and do not indicate an immediate purchase or sale of shares; value to the insider is realized only if/when units vest and convert to shares or cash.
- Because the grant vests over three years, this is a retention/compensation award rather than an immediate trading signal.