Jay Richards Sells Shares of BankUnited, Inc. $BKU
Key Points
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Jay Richards, Officer of Subsidiary at BankUnited, Inc. ($BKU), sold 4,000 shares at an average price of $48.67, for a total transaction of $194,680. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
BankUnited, Inc. Stock Up 3.5%
Shares of BankUnited, Inc. ($BKU) traded around $48.03 on Wednesday, up 3.5% for the day.
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About BankUnited, Inc.
BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, payments and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company offers loan servicing and deposit transaction processing systems, cloud-based data storage, electronic funds transfer transaction processing, online banking services, ERP systems and computer and networking infrastructure. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.