{"filing":{"accession_number":"0001193125-26-399476","cik":"0000920427","ticker":"UNTY","company_name":"UNITY BANCORP INC /NJ/","form":"8-K","filing_date":"2026-09-23","report_date":"2026-09-23","primary_document":"unty-20260923.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/920427/000119312526399476/unty-20260923.htm"},"events":[{"id":34619,"run_id":31859,"accession_number":"0001193125-26-399476","anchor_item_number":"5.02","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.75,"summary":"James A. Hughes, Chief Executive Officer of Unity Bancorp and Unity Bank for over 26 years, has informed the Board of his intention to retire from executive positions effective March 31, 2027. George Boyan will succeed him as CEO effective April 1, 2027, and Hughes' retirement compensation has been modified with a SERP amendment increasing his benefit from 60% to 65%.","company_name":"UNITY BANCORP INC /NJ/","ticker":"UNTY","filing_date":"2026-09-23","form":"8-K","submitted_at":null,"items":[{"id":38397,"accession_number":"0001193125-26-399476","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"James A. Hughes, Chief Executive Officer of Unity Bancorp and Unity Bank for over 26 years, has informed the Board of his intention to retire from executive positions effective March 31, 2027. While the filing also discloses the appointment of George Boyan as successor CEO effective April 1, 2027, and modifications to Hughes' retirement compensation (SERP amendment increasing benefit from 60% to 65%), the principal disclosed action centers on the CEO's departure. The succession is orderly and planned, but the departure of a long-tenured CEO is material to investors' assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-23T20:32:55.251214+00:00","company_name":"","ticker":null,"filing_date":""},{"id":38398,"accession_number":"0001193125-26-399476","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The filing announces the retirement of James A. Hughes as Chief Executive Officer effective March 31, 2027, after more than 26 years of service. While the press release also discloses the appointment of George Boyan as successor CEO, the principal disclosed action centers on Hughes' departure from the CEO role. The material event is the leadership transition itself, with Hughes leaving the executive position (though remaining as a director). This is a material event affecting investor assessment of the company's leadership continuity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-23T20:32:55.251214+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":38397,"accession_number":"0001193125-26-399476","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"James A. Hughes, Chief Executive Officer of Unity Bancorp and Unity Bank for over 26 years, has informed the Board of his intention to retire from executive positions effective March 31, 2027. While the filing also discloses the appointment of George Boyan as successor CEO effective April 1, 2027, and modifications to Hughes' retirement compensation (SERP amendment increasing benefit from 60% to 65%), the principal disclosed action centers on the CEO's departure. The succession is orderly and planned, but the departure of a long-tenured CEO is material to investors' assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-23T20:32:55.251214+00:00","company_name":"UNITY BANCORP INC /NJ/","ticker":"UNTY","filing_date":"2026-09-23"},{"id":38398,"accession_number":"0001193125-26-399476","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The filing announces the retirement of James A. Hughes as Chief Executive Officer effective March 31, 2027, after more than 26 years of service. While the press release also discloses the appointment of George Boyan as successor CEO, the principal disclosed action centers on Hughes' departure from the CEO role. The material event is the leadership transition itself, with Hughes leaving the executive position (though remaining as a director). This is a material event affecting investor assessment of the company's leadership continuity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-23T20:32:55.251214+00:00","company_name":"UNITY BANCORP INC /NJ/","ticker":"UNTY","filing_date":"2026-09-23"}]}
