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BankUnited (BKU) awards COO 14,740 RSUs vesting 2026–2028

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cornish Thomas M. reported acquisition or exercise transactions in this Form 4 filing.

BankUnited, Inc. reported that Chief Operating Officer Thomas M. Cornish received a grant of 14,740 restricted share units. Each unit represents the right to receive, at settlement, one share of common stock or cash equal to the fair market value of one share. Following this award, he holds 35,844 restricted share units directly. The grant was issued under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan and is scheduled to vest in three tranches on December 31, 2026, December 31, 2027, and December 31, 2028.

Positive

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Insider Cornish Thomas M.
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Restricted Share Unit 14,740 $0.00 --
Holdings After Transaction: Restricted Share Unit — 35,844 shares (Direct)
Footnotes (1)
  1. Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock. Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan. 4,913 units will vest on December 31, 2026; 4,914 on December 31, 2027; and 4,913 on December 31, 2028.
RSUs granted 14,740 units Restricted share unit grant to COO on April 1, 2026
RSUs after transaction 35,844 units Total restricted share units held directly after grant
First vesting tranche 4,913 units Scheduled to vest on December 31, 2026
Second vesting tranche 4,914 units Scheduled to vest on December 31, 2027
Third vesting tranche 4,913 units Scheduled to vest on December 31, 2028
Transaction price per unit $0.00 Grant price for restricted share units (compensation award)
Restricted Share Unit financial
"Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
Omnibus Equity Incentive Plan financial
"Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan"
A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.
vest financial
"4,913 units will vest on December 31, 2026; 4,914 on December 31, 2027; and 4,913 on December 31, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cornish Thomas M.

(Last)(First)(Middle)
C/O BANKUNITED, INC.
14817 OAK LANE

(Street)
MIAMI LAKES FLORIDA 33016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BankUnited, Inc. [ BKU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Unit(1)04/01/2026A14,740 (2) (2)Common Stock, par value $0.01 per share14,740$035,844D
Explanation of Responses:
1. Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash in an amount equal to the fair market value of one share of common stock.
2. Issued pursuant to the terms of the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan. 4,913 units will vest on December 31, 2026; 4,914 on December 31, 2027; and 4,913 on December 31, 2028.
/s/ Jacqueline Bravo, as Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BankUnited (BKU) report for Thomas M. Cornish?

BankUnited reported that Chief Operating Officer Thomas M. Cornish received a grant of 14,740 restricted share units. This is a compensation-related award, not an open-market stock purchase or sale, and it increases his equity-based stake in the company.

How many restricted share units does the BankUnited (BKU) COO hold after this grant?

After the grant of 14,740 restricted share units, Thomas M. Cornish holds 35,844 restricted share units directly. This total reflects his updated position in these equity awards as reported in the Form 4 filing.

When do the new BankUnited (BKU) restricted share units for the COO vest?

The 14,740 restricted share units vest in three installments: 4,913 units on December 31, 2026, 4,914 units on December 31, 2027, and 4,913 units on December 31, 2028, according to the award footnotes.

What does each BankUnited (BKU) restricted share unit granted to the COO represent?

Each restricted share unit represents the right to receive, at settlement, one share of common stock or cash equal to the fair market value of one share of BankUnited common stock, as described in the Form 4 footnotes.

Under which plan were the BankUnited (BKU) COO’s restricted share units granted?

The 14,740 restricted share units granted to Chief Operating Officer Thomas M. Cornish were issued under the BankUnited, Inc. 2023 Omnibus Equity Incentive Plan, which governs equity-based compensation awards for eligible participants.