The sale of 3,517 shares by BankUnited’s CFO was for tax obligations, not a discretionary trade, leaving derivative holdings intact.
BankUnited Inc. (NYSE:BKU) Chief Financial Officer James G. Mackey sold 3,517 shares on August 20, 2026, at a weighted average price of $46.83, totaling $164,000. The transaction was non-discretionary, with shares withheld to cover tax liabilities from restricted stock unit vesting.
The company reported trailing twelve-month revenue of $1.9 billion and net income of $273.7 million. Despite the sale, Mackey retains 5,420 common shares and 26,731 derivative securities, including vested and unvested restricted stock units.
BankUnited’s stock closed at $46.21 on August 20, 2026, reflecting a 29% gain over the past year. The sale does not indicate a change in the executive’s outlook on the stock.