UNTY 8-K
Unity Bancorp Inc /Nj/ (UNTY)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.
On August 3, 2026, Unity Bancorp, Inc. (the "Company") was informed of the passing of Robert ("Bobby") H. Dallas II, a member of the Company's Board of Directors. Robert Dallas had served as a director of the Company and Unity Bank and provided valuable leadership and guidance during his tenure.
Item 7.01 Regulation FD Disclosure.
On August 7, 2026, the Company issued a press release announcing the passing of director Robert ("Bobby") H. Dallas II. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit 99.1 |
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Exhibit 104 |
104 Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
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UNITY BANCORP, INC. |
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(Registrant) |
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Date: August 7, 2026 |
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By: |
/s/ James Davies |
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James Davies |
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First Senior Vice President & Chief Financial Officer |
Exhibit 99.1
Unity Bancorp, Inc.
64 Old Highway 22
Clinton, NJ 08809
800 618-BANK
www.unitybank.com
News
For Immediate Release:
August 7, 2026
News Media & Financial Analyst Contact:
James Davies
FSVP and Chief Financial Officer
(908) 713-4330
Unity Bancorp, Inc. Mourns the Passing of Director Robert ("Bobby") H. Dallas II
CLINTON, N.J., August 7, 2026 – Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced with profound sadness the passing of Robert ("Bobby") H. Dallas II. Mr. Dallas was a founding member of the Bank and served on the Company's Board since inception and brother of Chairman David D. Dallas. He played an instrumental role in helping guide Unity from a community bank startup to one of New Jersey's strongest independent banking franchises. His leadership, wisdom, and unwavering commitment to customers, communities, employees, and shareholders helped shape the organization for more than three decades.
"We are deeply saddened by Bobby's passing," said James A. Hughes, Chief Executive Officer of Unity Bancorp, Inc. "For more than three decades, Bobby helped shape Unity's culture, values, and long-term success. He was a respected colleague, trusted advisor, and dear friend whose integrity, humility, and commitment to doing what was right earned the admiration of everyone who worked alongside him. His contributions to Unity and to the communities we serve will be remembered for generations. On behalf of our Board, management team and employees, we extend our deepest condolences to his family and loved ones."
During his service on the Board, Mr. Dallas provided thoughtful guidance and leadership to the Company. His insight and commitment to the communities served by Unity Bank left a lasting impact on the organization and those who worked alongside him. The Company and Board of Directors are grateful for Mr. Dallas' many years of dedicated service and will honor his memory by continuing to uphold the values he championed.
Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $3.2 billion in assets and $2.5 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, corporate and small business customers through its robust branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. For additional information about Unity, visit our website at www.unitybank.com , or call 800-618-BANK.
This news release contains certain forward-looking statements, either expressed or implied, which are provided to assist the reader in understanding anticipated future financial performance. These statements may be identified by use of the words “believe”, “expect”, “intend”, “anticipate”, “estimate”, “project” or similar expressions. These statements involve certain risks, uncertainties, estimates and assumptions made by management, which are subject to factors beyond the Company’s control that could impede its ability to achieve these goals. These factors include those items included in
our Annual Report on Form 10-K under the heading “Item IA-Risk Factors” as amended or supplemented by our subsequent filings with the SEC, as well as general economic conditions, trends in interest rates, the ability of our borrowers to repay their loans, our ability to manage and reduce the level of our nonperforming assets, results of regulatory exams, and the impact of any health crisis or national disasters on the Bank, its employees and customers, among other factors.