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The charts on this page feature a breakdown of the total annual pay for the top executives at UNITY BANCORP INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. UNITY BANCORP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. UNITY BANCORP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
James A. Hughes
President/CEO
Total Cash $1,322,530 Equity $371,520 Other $666,412 Total Compensation $2,360,462
John J. Kauchak
EVP/COO
Total Cash $132,500 Equity $175,440 Other $88,957 Total Compensation $396,897
Janice Bolomey
EVP/Chief Admn Officer
Total Cash $333,015 Equity $0 Other $317,459 Total Compensation $650,474
Vincent Geraci
FSVP/Director of Mtg Lending
Total Cash $563,576 Equity $0 Other $34,612 Total Compensation $598,188
George Boyan
EVP/CFO
Total Cash $613,300 Equity $227,040 Other $92,831 Total Compensation $933,171
James Donovan
SVP/Chief Lending Officer
Total Cash $334,500 Equity $0 Other $39,468 Total Compensation $373,968
James Davies
SVP/Controller
Total Cash $296,000 Equity $0 Other $19,788 Total Compensation $315,788
For its 2023 fiscal year, UNITY BANCORP INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
James A. Hughes CEO Pay $2,360,462 Median Employee Pay $78,610 CEO Pay Ratio 30:1
For its 2022 fiscal year, UNITY BANCORP INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Aaron Tucker Total Cash $100,800
David D. Dallas Total Cash $126,725
Donald E. Souders, Jr. Total Cash $107,725
Mark S. Brody Total Cash $99,000
Mary E. Gross Total Cash $116,125
Peter E. Maricondo Total Cash $120,925
Raj Patel Total Cash $94,900
Robert H. Dallas, II Total Cash $94,500
Wayne Courtright Total Cash $123,525

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.