George Boyan, President and Director of Unity Bancorp Inc /NJ/ (NASDAQ:UNTY), filed a Form 4 on September 4, 2026, disclosing the sale of common stock across two trading days in early September 2026.

Key Highlights

  • First sale: 845 shares of Common Stock were disposed of on September 2, 2026, at a weighted average price of $59.1064 per share.
  • Second sale: 6,504 shares of Common Stock were disposed of on September 3, 2026, at a weighted average price of $59.1623 per share.
  • Post-transaction ownership: Following both sales, Boyan directly held 25,015 shares of Common Stock.
  • Restricted Stock: Boyan also holds 28,060 shares of Restricted Stock directly, comprising 26,125 shares with upcoming vesting dates held at Computershare and 1,935 dividend reinvested shares.
  • Multiple trades: The September 2 sale was executed across multiple trades ranging from $59.01 to $59.21; the September 3 sale ranged from $59.005 to $59.41, per the filing's footnotes.

George Boyan's Share Disposals and Remaining Beneficial Ownership at Unity Bancorp

According to the filing, George Boyan, who serves as both President and Director of Unity Bancorp Inc /NJ/, reported two open-market sales of Common Stock using transaction code "S." On September 2, 2026, Boyan disposed of 845 shares at a weighted average sale price of $59.1064, with individual trade prices ranging from $59.01 to $59.21, as noted in the filing's explanation of responses. Following that transaction, his direct beneficial ownership stood at 31,519 shares.

On September 3, 2026, Boyan disposed of an additional 6,504 shares at a weighted average sale price of $59.1623, with individual trade prices ranging from $59.005 to $59.41. After this second sale, his directly held Common Stock totaled 25,015 shares. The filing was signed by Amanda Roche, FVP/Controller, acting under a power of attorney on behalf of George Boyan, and was dated September 4, 2026.

Separately, the filing discloses that Boyan holds 28,060 shares of Restricted Stock directly. The filing states that 26,125 of those restricted shares are held at Computershare and have upcoming vesting dates, while the remaining 1,935 shares represent dividend reinvested shares. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The Form 4 filed by George Boyan on September 4, 2026, reported the direct sale of a combined 7,349 shares of Unity Bancorp Common Stock across two dates, with 25,015 shares of Common Stock and 28,060 shares of Restricted Stock remaining directly held.