Brunswick (BC) director receives 527-share stock award, holds 27,562
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCLANATHAN JOSEPH W reported acquisition or exercise transactions in this Form 4 filing.
BRUNSWICK CORP director Joseph W. McClanathan received a stock award of 527 shares of common stock. The shares were granted at a reference price of $79.45 per share and are held directly.
After this grant, his direct holdings total 27,562 Brunswick shares, indicating this was a relatively small, routine compensation-related award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCLANATHAN JOSEPH W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 527 | $79.45 | $42K |
Holdings After Transaction:
Common Stock — 27,562 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 527 shares
Grant reference price: $79.45 per share
Total holdings after grant: 27,562 shares
+1 more
4 metrics
Stock award size
527 shares
Grant of Brunswick common stock to director on April 30, 2026
Grant reference price
$79.45 per share
Reported price for the 527-share stock award
Total holdings after grant
27,562 shares
Director’s direct Brunswick share ownership following the award
Dividend reinvestment shares
137 shares
Shares acquired via dividend reinvestment through March 2026
Key Terms
Grant, award, or other acquisition, beneficial holdings, dividend reinvestment
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
beneficial holdings financial
"Beneficial holdings include 137 shares acquired pursuant to dividend reinvestment"
dividend reinvestment financial
"shares acquired pursuant to dividend reinvestment through March 2026"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What did Brunswick (BC) director Joseph W. McClanathan report on this Form 4?
He reported receiving 527 shares of Brunswick common stock as a stock award. The shares were granted on April 30, 2026, at a reference price of $79.45 per share and are held directly as part of his board-related compensation.
Was the Brunswick (BC) Form 4 transaction a purchase or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. It is coded as an “A” transaction, meaning McClanathan received 527 shares as a compensation-related award rather than buying them in the market with his own funds.
At what price was Joseph W. McClanathan’s Brunswick (BC) stock award valued?
The 527-share stock award was valued using a reference price of $79.45 per share. This price is used for reporting purposes on the Form 4 and helps quantify the approximate dollar value of the equity compensation granted to the director on that date.
What does the dividend reinvestment footnote mean for Brunswick (BC) director holdings?
The footnote explains that McClanathan’s beneficial holdings include 137 shares acquired through dividend reinvestment through March 2026. This means some of his Brunswick stake has grown automatically as cash dividends were reinvested into additional company shares over time.