UNTY Unity Bancorp Inc.

Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, as well as noninterest and interest-bearing demand deposits. It also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and consumer construction lines, as well as personal loans. As of December 31, 2020, the company offered its services through the Internet and nineteen branch offices located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.

Date	Price Target	Rating	Analyst
12/15/2022	$32.00	Buy	Janney
4/7/2022	$33.00	Overweight	Piper Sandler

Unity Bancorp Inc.

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Recent Analyst Ratings for Unity Bancorp Inc.

Unity Bancorp Inc. Analyst Ratings

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Janney initiated coverage on Unity Bancorp with a new price target

Piper Sandler initiated coverage on Unity Bancorp with a new price target

Unity Bancorp Inc. Insider Trading

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Chief Retail Officer/SVP Sharabba Daniel C covered exercise/tax liability with 107 units of Restricted Stock, decreasing direct ownership by 3% to 3,789 units (SEC Form 4)

Chief Lending Officer/FSVP Donovan James Joseph covered exercise/tax liability with 83 units of Restricted Stock, decreasing direct ownership by 2% to 4,725 units (SEC Form 4)

President/CEO Hughes James A gifted 900 shares, decreasing direct ownership by 0.54% to 164,322 units (SEC Form 4)

Director Souders Donald E. Jr. exercised 1,333 shares at a strike of $17.55 and sold $54,960 worth of shares (1,333 units at $41.23) (SEC Form 4)

President/CEO Hughes James A exercised 1,000 shares at a strike of $8.95, increasing direct ownership by 0.61% to 165,222 units (SEC Form 4)

Chief Financial Officer Boyan George covered exercise/tax liability with 904 units of Restricted Stock, decreasing direct ownership by 3% to 28,512 units (SEC Form 4)

President/CEO Hughes James A covered exercise/tax liability with 1,011 units of Restricted Stock, decreasing direct ownership by 2% to 43,824 units (SEC Form 4)

Chief Financial Officer Boyan George covered exercise/tax liability with 2,080 units of Restricted Stock, decreasing direct ownership by 11% to 30,891 units (SEC Form 4)

President/CEO Hughes James A covered exercise/tax liability with 3,638 units of Restricted Stock, decreasing direct ownership by 12% to 46,324 units (SEC Form 4)

Chief Financial Officer Boyan George covered exercise/tax liability with 1,085 units of Restricted Stock and was granted 9,500 units of Restricted Stock, increasing direct ownership by 30% to 36,641 units (SEC Form 4)