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UNITY BANCORP INC /NJ/ [UNTY]

Reporting date: 10/06/2025

⚠️ Bullish Insider Buy Detected

📝 What Happened

  • Insider: HUGHES JAMES A
  • Role: President/CEO (Officer & Director)
  • Company: UNITY BANCORP INC /NJ/ (UNTY)
  • Transaction Date(s): 2025-10-06
  • Table I (Non-Derivative Securities)
    • Sale : 1500.00
    • Average Sale Price: 8.95
    • Total Value: 1500.00 * 8.95 = 13,425.00
    • Post-Transaction Direct Holdings: 171,013.00
    • Indirect Holdings: None reported
    • 10b5-1 Plan Used? No

📄 Summary

HUGHES JAMES A, President/CEO (Officer & Director) at UNITY BANCORP INC /NJ/ (UNTY), acquired 1,500 shares on October 6, 2025, at an average price of $8.95, for a total cost of about ~$13,425.00. After the transaction, he now holds 171,013 common shares directly, 41,824 restricted shares, and 92,500 stock options (derivative). For retail traders, this is a bullish event: insider exercised options and maintained/added position, signaling modest confidence.

🔑 Interpretation

  • Type: Comp-related (exercise of stock options resulting in acquisition)
  • Disposition: Shares were acquired and retained (no immediate sale reported)
  • Size Context: 1,500 shares is modest relative to his direct common holdings (1,500 / 171,013 ≈ 0.9%); appears routine exercise rather than large-scale profit-taking
  • ATH Metric: I am unable to verify the exact all-time high and low prices in this environment; based on the trade price ($8.95) and limited context in the filing, the acquisition does not obviously target an ATH/ATL extreme — it appears to be an exercise of compensation-related options rather than opportunistic timing around historical peaks or troughs.
  • Outlier Check: Not unusually large compared to his post-transaction holdings; no prior trades in this filing to indicate a larger-than-normal move.

📊 Bullish or Bearish?

Decide: Bullish

Bullish. The filing shows an option exercise (derivative disposed) and acquisition of 1,500 common shares (non-derivative, code M), indicating the insider converted options into stock and retained ownership. The trade is comp-related and modest in size, so it signals slight confidence but is not a large-scale directional bet; data is complete for this single event.

✅ Bottom Line (Retail Takeaway)

This transaction looks like routine option exercise and retention rather than a bearish signal. For retail traders, it’s noise — not a standalone trade trigger unless corroborated by multiple insiders or materially larger disposals.