4Accepted Aug 26, 8:29 PM ET
Unity (U) SVP & CLO Rebecca Boyden Sells 1,032 Shares
Accepted (ET)
8:29 PM
Aug 26, 2026
Filed
Aug 26, 2026
Documents
1
Size
7.3 KB
Summary
Unity (U) SVP & CLO Rebecca Boyden Sells 1,032 Shares
What Happened
- Rebecca Berenice Boyden, SVP and Chief Legal Officer of Unity Software (U), sold a total of 1,032 shares on August 25, 2026, for aggregate proceeds of approximately $46,769.
- The disposition breaks down as 940 shares at a weighted average price of $45.26 (proceeds $42,544) and 92 shares at a weighted average price of $45.92 (proceeds $4,225). These were reported on a Form 4 filed August 26, 2026.
- At least part of the sale was an automatic “sell-to-cover” to satisfy tax withholding on vested restricted stock units (i.e., not a discretionary market-timing sale).
Key Details
- Transaction date: 2026-08-25; Filing date: 2026-08-26 (timely filing).
- Transaction type: Sales (S); total shares sold: 1,032; total proceeds: ~$46,769.
- Prices: 940 shares @ $45.26 (weighted avg); 92 shares @ $45.92 (weighted avg). Footnotes state the sales were executed in multiple trades with price ranges of $44.84–$45.63 and $45.84–$46.07.
- Notable footnote: One sale represents shares sold automatically to cover tax withholding on RSU vesting (sell-to-cover), and therefore was not a discretionary trade by the reporting person.
- Shares owned after the transactions: Not disclosed in the provided excerpt of the filing.
Context
- These were outright sales (routine disposals), not purchases or option exercises. Sell-to-cover transactions are common when restricted stock units vest and the company or broker sells a portion of shares to pay required taxes; such sales do not necessarily indicate a change in insider sentiment.