PAULS DOUGLAS J 4

What Happened Douglas J. Pauls, a director of BankUnited, Inc. (BKU), received a grant of 2,267 restricted common shares on May 21, 2026. The shares were granted at $0.00 (no cash purchase); reported aggregate value at grant is $0. This transaction is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: May 21, 2026; 2,267 shares granted at $0.00 per share.
• Vesting: These restricted shares will vest in full on the earlier of the first anniversary of the grant (May 21, 2027) or the issuer’s next annual meeting of shareholders, subject to Mr. Pauls’ continued service as a director (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• Beneficial ownership note: Footnote F2 states shares held by the Pauls Family Foundation (for which Mr. Pauls is a co-trustee) are reported with a disclaimer of beneficial ownership except to the extent of any pecuniary interest.
• Timeliness: Filing and report date are both May 21, 2026 — appears timely.

Context Restricted-share awards are a common form of director compensation; they vest over time and are not an immediate cash investment or sale. Because this is a grant, it does not directly signal buying or selling activity in the open market.