secwatch.observer — SEC 8-K summary
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Issuer:     Unity Software Inc. (U)
CIK:        0001810806
Form:       8-K
Filed at:   2026-08-19T21:22:55+00:00
Accession:  0001810806-26-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unity grants CEO 880k price-vesting PSUs with $50/$60/$75 hurdles
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- Grant of 880,000 price-vesting restricted stock units to CEO Matthew Bromberg on Aug 17, 2026 under 2020 Equity Incentive Plan.
- Vests in three tranches with stock price hurdles of $50, $60, $75 (30-day VWAP) and continued CEO service through Aug 17, 2027/2028/2029.
- Unvested PPSUs forfeit on termination unless involuntary without cause, death/disability, or change of control as defined in the agreement.
- Award intended to retain CEO and support long-term strategy of integrating creation and monetization into AI-driven system.
- Performance period ends Aug 17, 2031; award is additive to annual equity program and entirely at-risk, delivering value only on sustained stock appreciation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810806/000181080626000046/0001810806-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810806/000181080626000046/unity-20260817.htm
  HTML page:      https://secwatch.observer/filing/0001810806-26-000046

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