March 8, 2024 · Form 4 insider transaction
HUGHES JAMES A bought 18,000 shares of Unity Bancorp, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
18,000 restricted shares were granted on 3/8/2024 from the 2023 Equity Compensation Plan and vest over 4 years; vesting commences with 4,500 shares on 3/8/2025, 4,500 shares on 3/8/2026, 4,500 shares on 3/8/2027, and 4,500 shares on 3/8/2028.; 60,000 shares are held in an account at Computershare, which have upcoming vesting dates, 824 are dividend reinvested shares for a total of 60,824.