Sharabba Daniel C 4

What Happened

• Daniel C. Sharabba, Chief Retail Officer and SVP of Unity Bancorp (UNTY), had 186 shares withheld to cover tax withholding on vested restricted stock (sale value $9,733) and was granted 2,000 restricted shares on 2026-01-27.
• The 2,000 shares are a restricted stock award (no cash paid) from the 2023 Equity Compensation Plan.

Key Details

• Transaction dates and amounts:
  • 2026-01-27: 186 shares withheld at $52.33/share (payment of tax liability) — proceeds/withholding = $9,733.
  • 2026-01-27: 2,000 restricted shares granted at $0.00 per share (award).
• Vesting schedule for the 2,000-share award: 500 shares vest annually on 1/27/2027, 1/27/2028, 1/27/2029, and 1/27/2030 (four-year vesting).
• The 186-share withholding covered taxes on 438 restricted shares that vested (footnote).
• Shares held after the transactions / total beneficial ownership: 6,007 shares.
  • Computershare: 4,812 shares with upcoming vesting dates + 73 dividend-reinvested shares = 4,885.
  • Shareworks: 1,122 shares.
• Filing: Form 4 filed 2026-01-28 for transactions on 2026-01-27 (filed promptly within reporting window).

Context

• This filing reflects a compensation-related award (A) and a tax-withholding transaction (F). The 2,000-share grant is restricted stock that vests over time; it is not an open-market purchase and does not immediately increase liquid holdings until vesting occurs.
• Tax-withholding via share withholding (sale of a portion of vested shares) is routine and does not necessarily indicate a change in insider sentiment.