Yahes Jarrod 4
Research Summary
AI-generated summary
Unity Software (U) CFO Yahes Jarrod Sells 24,021 Shares
What Happened
Yahes Jarrod, Chief Financial Officer of Unity Software, sold 24,021 shares on May 26, 2026. The shares were disposed at a weighted-average price of $27.18, resulting in proceeds of approximately $652,891. This sale was executed to satisfy tax withholding obligations tied to the vesting of restricted stock units and was an automatic "sell-to-cover" transaction rather than a discretionary market sale.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (timely filing).
- Transaction type: Sale (Code S) to cover taxes on vested RSUs.
- Shares sold: 24,021; reported weighted-average price: $27.18; total proceeds: ~$652,891.
- Price range: Shares were sold in multiple transactions at prices from $26.66 to $27.61 (filing includes footnote offering detailed price breakdown on request).
- Shares owned after the transaction: Not specified in this Form 4.
- Footnotes: F1 = automatic sell-to-cover for tax withholding (not a discretionary trade). F2 = weighted-average price; multiple execution prices within the stated range.
Context
Sell-to-cover transactions are common when RSUs vest: companies or brokers sell a portion of shares automatically to pay required taxes. Such sales generally reflect tax mechanics, not necessarily a statement about the officer’s view of the stock. If you want the per-trade price breakdown, the filer has offered to provide it upon request to the company, shareholders, or the SEC staff.