Boyden Rebecca Berenice 4
4 · Unity Software Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Unity (U) CLO Rebecca Boyden Sells 952 Shares
What Happened
Rebecca Berenice Boyden, SVP and Chief Legal Officer of Unity Software (U), sold 952 shares on May 26, 2026. The reported weighted-average sale price was $27.20 per share for a total of $25,894. The sales were executed as a sell-to-cover to satisfy tax withholding obligations related to the vesting of restricted stock units, not as a discretionary open-market trade.
Key Details
- Transaction date: 2026-05-26 (reported on Form 4 filed 2026-05-28). No late filing indicated.
- Amount sold: 952 shares; weighted-average price: $27.20; total value reported: $25,894.
- Price range: shares were sold in multiple transactions at prices between $26.66 and $27.56 (per footnote).
- Reason: Sale to cover tax withholding on vested RSUs (automatic "sell-to-cover"); not a discretionary sale by the reporting person (see footnote).
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
Context
Sell-to-cover transactions are common when restricted stock units vest and employers or insiders sell a portion of shares to cover taxes; they generally reflect tax mechanics rather than a voluntary decision to reduce exposure. The filer offers to provide detailed per-price breakdowns on request (footnote indicates willingness to supply number of shares sold at each price within the reported range).
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-26$27.20/sh−952$25,894→ 309,445 total
Footnotes (2)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" and does not represent a discretionary trade by the Reporting Person.
- [F2]The price reported in Column 4 is a weighted average price, rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $26.66 to $27.56, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.