Unity Bancorp (UNTY) President Boyan George Sells Shares

What Happened
Boyan George, President and Director of Unity Bancorp (UNTY), disposed of 7,349 shares in two open‑market sales on September 2 and September 3, 2026, for aggregate proceeds of $434,737. The first sale was 845 shares at a weighted average price of $59.11 (proceeds $49,945); the second was 6,504 shares at a weighted average price of $59.16 (proceeds $384,792). Both transactions are reported as sales (code S).

Key Details

• Transaction dates: 2026-09-02 (845 shares) and 2026-09-03 (6,504 shares).
• Reported weighted average prices and trade ranges: $59.11 (range $59.01–$59.21) and $59.16 (range $59.005–$59.41).
• Proceeds: $49,945 and $384,792; combined ≈ $434,737.
• Shares held after transaction (per filing): 26,125 restricted shares held at Computershare with upcoming vesting dates, plus 1,935 dividend‑reinvested shares — total 28,060 (footnote F3).
• Footnotes F1 and F2 note each sale was executed in multiple trades; prices shown are weighted averages.
• Filing: Form 4 filed 2026-09-04 reporting the transactions from Sep 2–3; filing appears timely (no late‑filing indicator).

Context
These were open‑market sales (routine disposals) rather than purchases or option exercises; the filing does not indicate a 10b5‑1 plan or tax‑withholding sale language. Sales do not necessarily indicate a change in company outlook — they simply report insider disposition of shares.