Kim Bernard Jin 4
Research Summary
AI-generated summary
Unity (U) Director Kim Bernard Jin Receives 14,743 RSU Award
What Happened
- Kim Bernard Jin, a director of Unity Software Inc. (U), received an award of 14,743 restricted stock units (RSUs) on May 1, 2026. The grant shows an acquisition price of $0.00 (no cash paid); the Form 4 does not state a dollar market value for the award.
- This was an equity compensation grant (an award), not a purchase or sale. Such grants are routine director/employee compensation rather than market trades.
Key Details
- Transaction date and price: May 1, 2026 — 14,743 RSUs; price reported $0.00 per share.
- Shares owned after transaction: Not specified in this Form 4.
- Vesting/other notes: Footnote F1 — RSUs vest in equal quarterly installments over a three-year period from the grant date, subject to continued service. F2 notes the row is included for informational purposes (no other transactions effected). F3 notes some reported shares are held by The Bernard and Melissa Kim Living Trust, with the reporting person sharing voting and investment power.
- Filing timeliness: Form 4 was filed May 5, 2026 (four days after the grant). Insiders are generally required to file Form 4 within two business days of a reportable transaction, so this filing was later than the typical filing window.
Context
- RSU grants represent future delivery of shares if vesting conditions are met; they are compensation and do not indicate an immediate market purchase or sale. The award will convert to actual shares only as portions vest over the next three years.
Loading document...