---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-033753"
form_type: "8-K"
ticker: "BKU"
cik: "0001504008"
company_name: "BankUnited, Inc."
filed_at: "2026-05-11T23:12:48+00:00"
generated_at: "2026-05-12T10:10:29.795013+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# BankUnited CFO James Mackey gets double-trigger severance of 2x salary upon change in control

## Summary
- Amended letter dated May 11, 2026 replaces July 22, 2025 retention letter with double-trigger severance.
- Entitled to lump sum equal to 2x annual base salary if terminated without cause or for good reason within 2 years post-change in control.
- Good reason includes 10%+ cut in salary/total target direct comp or relocation >30 miles, with notice and cure provisions.
- Severance subject to release of claims and regulatory compliance with FDIC golden parachute rules.
- Severance payment is separate from employment guarantee; does not guarantee continued employment.

## SEC filing metadata
- accession: 0001628280-26-033753
- form_type: 8-K
- ticker: BKU
- cik: 0001504008
- company_name: BankUnited, Inc.
- filed_at: 2026-05-11T23:12:48+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504008/000162828026033753/0001628280-26-033753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504008/000162828026033753/bku-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-033753
- JSON: https://secwatch.observer/filing/0001628280-26-033753.json
- Plain text: https://secwatch.observer/filing/0001628280-26-033753.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.