Tucker Aaron 4
4 · UNITY BANCORP INC /NJ/ · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Unity Bancorp (UNTY) Director Tucker Aaron Receives 1,200-Share Grant
What Happened Tucker Aaron, a director of Unity Bancorp (UNTY), received a grant of 1,200 restricted common shares on January 27, 2026. The shares were issued at $0.00 (typical for equity awards) and have a scheduled vesting schedule rather than immediate liquidity. This is an equity award (grant), not an open-market purchase or sale.
Key Details
- Transaction date and price: 1/27/2026; 1,200 shares @ $0.00.
- Vesting: Award vests over four years — 300 shares vest on each of 1/27/2027, 1/27/2028, 1/27/2029 and 1/27/2030 (Footnote F1).
- Shares owned after transaction: Total beneficial ownership reported as 89,018.
- Other holdings noted:
- 4,000 shares at Computershare with upcoming vesting dates (F2).
- 18,540 shares at Shareworks (dividends reinvested quarterly), 3,763 shares at Computershare (dividends reinvested quarterly), and 44,414 shares in an additional brokerage account (F3).
- 18,300 stock options granted under various dates and vesting periods; all are currently exercisable (F4).
- Filing timeliness: Reported on 01/28/2026 for a 01/27/2026 transaction — filed promptly (within the usual Form 4 reporting window).
Context Restricted share grants like this provide future compensation tied to continued service and typically cannot be sold until they vest, so they do not represent an immediate market purchase. The $0.00 per-share reporting reflects that these were awarded shares rather than a purchase. The presence of exercisable options and other share holdings provides additional liquidity potential for the insider, but this specific filing documents only the award/vesting schedule.
Insider Transaction Report
- Award
Restricted Stock
[F1][F2]2026-01-27+1,200→ 4,000 total
- 66,718
Common Stock
[F3] - 18,300
Stock Options (Right to buy)
[F4]→ Common Stock
Footnotes (4)
- [F1]1,200 restricted shares were granted on 1/27/2026 from the 2023 Equity Compensation Plan and vest over four years; vesting commences with 300 shares on 1/27/2027, 300 shares on 1/27/2028, 300 shares on 1/27/2029, and 300 shares on 1/27/2030.
- [F2]4,000 shares are held in an account at Computershare which have upcoming vesting dates.
- [F3]18,540 shares are held in an account at Shareworks of which dividends are reinvested quarterly, 3,763 shares are held in an account at Computershare of which dividends are reinvested quarterly, and 44,414 shares are held in an additional brokerage account.
- [F4]18,300 stock options were granted under various dates and vesting periods of which all are currently exercisable.