secwatch.observer — SEC 8-K summary
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Issuer:     UNITY BANCORP INC /NJ/ (UNTY)
CIK:        0000920427
Form:       8-K
Filed at:   2025-12-18T23:59:59+00:00
Accession:  0000920427-25-000085
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unity Bancorp amends deferred comp plan to variable interest rate on installment payouts
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- Interest rate on installment payouts changed to Prime + 1%, with 4% floor and 10% cap, from fixed rate.
- Amendment applies to both participants and beneficiaries receiving 10-year annual installments.
- Effective December 18, 2025; rest of original plan remains unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920427/000092042725000085/0000920427-25-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920427/000092042725000085/unty-20251218x8k.htm
  HTML page:      https://secwatch.observer/filing/0000920427-25-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer