The estimated Net Worth of Raj Patel is at least $1.44 Milione dollars as of 15 December 2023. Mr. Patel owns over 4,400 units of Unity stock worth over $1,394,873 and over the last 16 years he sold UNTY stock worth over $0. In addition, he makes $44,470 as Independent Director of the Company and the Bank at Unity.
Raj has made over 6 trades of the Unity stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 4,400 units of UNTY stock worth $99,308 on 15 December 2023.
The largest trade he's ever made was exercising 8,800 units of Unity stock on 7 June 2017 worth over $30,448. On average, Raj trades about 1,200 units every 141 days since 2008. As of 15 December 2023 he still owns at least 43,454 units of Unity stock.
You can see the complete history of Mr. Patel stock trades at the bottom of the page.
Raj Patel serves as Independent Director of the Company and the Bank of the Company. Raj Patel has been a Director of the Company since 2008 and a Director of the Bank since 2007. Mr. Patel is currently serving as CEO of Millennium Hotel Group (Hotel), CEO of 2602 Deerfield LLC (Real Estate), and partial owner of the Bergen County Medical Adult Day Care Center (Healthcare). Mr. Patel holds a Bachelor’s degree in Engineering from SP University in India. Mr. Patel is a licensed NJ Realtor and prominent businessman in NJ and has many contacts to generate new business for the Company.
As the Independent Director of the Company and the Bank of Unity, the total compensation of Raj Patel at Unity is $44,470. There are 17 executives at Unity getting paid more, with James Hughes having the highest compensation of $2,320,000.
Raj Patel is 65, he's been the Independent Director of the Company and the Bank of Unity since 2008. There are 9 older and 10 younger executives at Unity. The oldest executive at Unity Bancorp, Inc. is Allen Tucker, 93, who is the Independent Vice Chairman of the Board of the Company and the Bank.
Raj's mailing address filed with the SEC is C/O UNITY BANK, 64 OLD HIGHWAY 22, CLINTON, NJ, 08809.
Over the last 21 years, insiders at Unity have traded over $1,467,457 worth of Unity stock and bought 660,276 units worth $6,438,207 . The most active insiders traders include David D Dallas, Robert H Ii Dallas e Allen Tucker. On average, Unity executives and independent directors trade stock every 32 days with the average trade being worth of $273,749. The most recent stock trade was executed by James Joseph Donovan on 26 July 2024, trading 750 units of UNTY stock currently worth $26,228.
unity bank provides financial services to retail and business customers through our branches located in hunterdon, middlesex, somerset, union and warren counties in new jersey and northampton county in pennsylvania. unity bank is a community-oriented commercial bank offering a variety of accounts, as well as a complete suite of business products and on-line services.
Unity executives and other stock owners filed with the SEC include: