Barrysmith Mark 4
Research Summary
AI-generated summary
Unity (U) Chief Accounting Officer Mark Barrysmith Sells Shares
What Happened
- Mark Barrysmith, Chief Accounting Officer of Unity Software Inc. (U), disposed of 13,247 shares on 2026-05-26 in an open-market sale. The reported weighted-average sale price was $27.18 per share, for proceeds of approximately $360,053.
- This sale was a "sell-to-cover" tied to the vesting of restricted stock units to satisfy tax withholding (see footnote F1), not a discretionary open-market trade.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (filed timely).
- Transaction type/code: S (Sale); reported weighted-average price: $27.18 (F2).
- Price range: shares sold in multiple trades at prices between $26.66 and $27.63 (F2).
- Reason: Automatic sell-to-cover to satisfy tax withholding for vested RSUs (F1) — the Reporting Person did not initiate a discretionary sale.
- Shares owned after transaction: not disclosed in this Form 4 (see full filing for holdings history).
Context
- Sell-to-cover transactions are routine tax-related dispositions when RSUs vest and generally do not signal an insider's view on the company's stock. The filing notes the sale was automatic to satisfy taxes and that detailed per-trade pricing is available on request.