BankUnited, Inc.·4

Apr 2, 5:26 PM ET

Bansal Rishi 4

Research Summary

AI-generated summary

Updated

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.