Tucker Aaron 4
Research Summary
AI-generated summary
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.