Richards Jay D. 4
4 · BankUnited, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
BankUnited (BKU) Chief Risk Officer Jay D. Richards Sells 4,000 Shares
What Happened
- Jay D. Richards, Chief Risk Officer of BankUnited, N.A. (a wholly owned subsidiary of BankUnited, Inc.), sold 4,000 shares of BankUnited common stock on June 15, 2026. The shares were sold at $48.67 per share for a total of $194,680. This was a sale (not a purchase), which is often routine and does not by itself indicate a change in company outlook.
Key Details
- Transaction date and price: June 15, 2026 — 4,000 shares sold at $48.67 each.
- Total value: $194,680.
- Method/footnote: Sale reported under Rule 144 (restrictions on previously restricted/controlled shares) per footnote F1.
- Filing timeliness: Form 4 filed on June 16, 2026 (timely filing; no late-report indication).
- Shares owned after transaction: Not disclosed on this Form 4.
Context
- This was a direct sale of existing shares under Rule 144; it is different from a stock purchase (which can be viewed as a bullish signal) or an option exercise followed by a sale. Sales by officers can reflect routine liquidity or tax planning and should be evaluated alongside other insider activity and company fundamentals.
Insider Transaction Report
Form 4
Richards Jay D.
Officer of Subsidiary
Transactions
- Sale
Common Stock, par value $0.01 per share
[F1]2026-06-15$48.67/sh−4,000$194,680→ 40,502 total
Footnotes (1)
- [F1]Reflects the sale of 4,000 shares of common stock by the reporting person under Rule 144 promulgated under the Securities Act of 1933, as amended.
Signature
/s/ Jacqueline Bravo, as Attorney-in-Fact|2026-06-16