Unity Bancorp Files 8-K

Ticker: UNTY · Form: 8-K · Filed: Apr 25, 2024 · CIK: 920427

Unity Bancorp Inc /Nj/ 8-K Filing Summary
FieldDetail
CompanyUnity Bancorp Inc /Nj/ (UNTY)
Form Type8-K
Filed DateApr 25, 2024
Risk Levellow
Pages1
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, 8-k, reporting

Related Tickers: UBNK

TL;DR

Unity Bancorp filed a routine 8-K, no major news.

AI Summary

Unity Bancorp, Inc. filed an 8-K on April 25, 2024, to report information under Regulation FD and to file financial statements and exhibits. The filing does not contain specific financial figures or material events beyond the standard reporting requirements for this form.

Why It Matters

This filing indicates Unity Bancorp is adhering to its reporting obligations with the SEC, which is standard practice for publicly traded companies.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for reporting purposes and does not disclose any new material risks or events.

Key Players & Entities

  • UNITY BANCORP INC /NJ/ (company) — Registrant
  • 0000920427-24-000030 (other) — Accession Number
  • April 25, 2024 (date) — Date of Report
  • New Jersey (location) — State of Incorporation
  • 64 Old Highway 22 Clinton, NJ 08809 (address) — Principal Executive Office

FAQ

What is the purpose of this 8-K filing?

This 8-K filing is intended to report information under Regulation FD and to file financial statements and exhibits as required by the SEC.

What is the exact name of the reporting company?

The exact name of the reporting company is UNITY BANCORP, INC.

In which state is Unity Bancorp, Inc. incorporated?

Unity Bancorp, Inc. is incorporated in New Jersey.

What is the address of Unity Bancorp's principal executive office?

The address of Unity Bancorp's principal executive office is 64 Old Highway 22 Clinton, NJ 08809.

What is the accession number for this filing?

The accession number for this filing is 0000920427-24-000030.

Filing Stats: 438 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2024-04-25 14:14:28

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure Attached as Exhibit 99.1 is a copy of the presentation, which was made by James A. Hughes, President and CEO, at the Company's Annual Meeting of Shareholders on April 25, 2024, the full text of which is incorporated by reference in response to this item. Further, Mr. Hughes referenced the Company's dividend payout target is typically around 15%, to grow book value in lieu. Further, Mr. Hughes referenced employee headcount reduction in late 2023 and early 2024, as reflected in the Q1 2024 earnings release.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit 99.1 Annual Meeting of Shareholders' Presentation held on April 25, 2024.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. UNITY BANCORP, INC. (Registrant) Date: April 25, 2024 By: /s/ George Boyan George Boyan Executive Vice President and Chief Financial Officer

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