Executive Vice President and Chief Financial Officer · Unity Bancorp Inc (UNTY)

George Boyan

A named executive officer of Unity Bancorp in every fiscal year CompBrief holds from FY2021 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,399,804

FY2024: $1,185,212

2nd of 5 named executive officers at Unity Bancorp by FY2025 total.

5 named officers on file for Unity Bancorp, FY2025

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What this number hides

The filing gives the total. Unity Bancorp’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 6, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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George Boyan compensation by year

Unity Bancorp Summary Compensation Table · all 5 fiscal years held
In US dollars, as Unity Bancorp reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023FY2024FY2025
Salary$311,528$360,000$390,000$450,000$550,000
Bonus$0$1,000$1,000$1,250$2,000
Stock awards$216,000$338,160$227,040$331,560$389,215
Option awards$0$0$0$0$0
Non-equity incentive$140,188$205,200$223,300$275,625$336,875
Pension and deferred compensation$0$0$0$0$0
All other$51,018$68,920$92,831$126,777$121,714
Total$718,734$973,280$934,171$1,185,212$1,399,804

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Unity Bancorp Inc DEF 14A filed March 6, 2026, accession 0000920427-26-000020, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Unity Bancorp Inc filed document, accession 0000920427-26-000020. Every figure is read from that document and cited to the page and table it appears in. Filed March 6, 2026.

$719K
$973K
$934K
$1.2M
$1.4M
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU9,500$491,340—
PSU9,000$465,480—
PSU5,500$284,460—
PSU3,000$155,160—

Per the Outstanding Equity Awards at Fiscal Year-End table in Unity Bancorp Inc's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

7 Form 4 lines since the FY2025 proxy (filed March 6, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-09-03Sale—6,504$59.1625,015
2026-09-02Sale—845$59.1131,519
2026-03-16Tax withholding—1,085$50.0127,810
2026-03-15Tax withholding—995$50.0130,810
2026-03-11Tax withholding—859$50.4033,560
2026-03-10Grant or award—10,250$0.0035,935
2026-03-08Tax withholding—1,085$51.0825,685

The 7 most recent of 7 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Unity Bancorp discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$550,000$0$13,620$563,620
Change in control and involuntary termination$1,773,750$1,396,440$27,239$3,197,429

Per the Potential Payments Upon Termination or Change in Control table in Unity Bancorp Inc's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Unity Bancorp’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
James HughesPresident and Chief Executive Officer$2,703,888
George Boyan · this pageExecutive Vice President and Chief Financial Officer$1,399,804
Vincent GeraciFirst Senior Vice President and Director of Mortgage Lending$788,261
James DonovanFirst Senior Vice President and Chief Lending Officer$524,107
Daniel SharabbaSenior Vice President and Chief Retail Officer$471,905

Board service

Unity Bancorp board · FY2025

How this board is paid

Company policy: Unity Bancorp pays directors a $38,000 cash retainer and $76,864 in Restricted Stock. As stated in Unity Bancorp's FY2025 proxy.

Committees

Asset Liability Committee (Chair) · Executive Loan · ALCO

The full Unity Bancorp compensation record

free company brief

This page is one person within Unity Bancorp's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Unity Bancorp's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Unity Bancorp's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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George Boyan's compensation dossier