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Brunswick (NYSE: BC) CFO granted 14,510 shares, offsets tax via stock

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brunswick Corporation executive vice president, CFO and CSO Ryan M. Gwillim was granted 14,510 shares of Brunswick common stock on February 12, 2026 at $86.17 per share as an acquisition award. On February 13, 2026, shares were disposed of in several tax-withholding transactions at $87.04 per share, reducing his directly held stake from 52,190 to 45,040 shares. He also has 8,669 shares held indirectly through a savings plan trustee, with beneficial holdings including 454 dividend reinvestment shares through December 2025.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gwillim Ryan M

(Last) (First) (Middle)
C/O BRUNSWICK CORPORATION
26125 N. RIVERWOODS BLVD #5

(Street)
METTAWA IL 60045

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BRUNSWICK CORP [ BC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
E.V.P. , CFO, CSO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 A 14,510 A $86.17 52,190(1) D
Common Stock 02/13/2026 F 4,101 D $87.04 48,089 D
Common Stock 02/13/2026 F 1,094 D $87.04 46,995 D
Common Stock 02/13/2026 F 1,955 D $87.04 45,040 D
Common Stock 8,669 I by Svgs Plan Trustee(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Beneficial holdings include 454 shares acquired pursuant to dividend reinvestment through December 2025.
2. Estimate of the number of shares held by the savings plan trustee as of February 13, 2026. This plan uses stock fund unit accounting, and the number of shares that a participant is deemed to hold varies with the price of Brunswick Stock.
Remarks:
By Power of Attorney for /s/ Ryan M. Gwillim 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Brunswick (BC) CFO Ryan Gwillim report?

Ryan Gwillim reported a share grant and related tax-withholding dispositions. He acquired 14,510 Brunswick common shares at $86.17 on February 12, 2026, then disposed of shares on February 13, 2026 to satisfy tax obligations at $87.04 per share, as reflected in the filing.

How many Brunswick (BC) shares does the CFO own after these transactions?

After the reported transactions, the CFO directly owns 45,040 shares. The Form 4 also shows 8,669 shares held indirectly through a savings plan trustee, plus beneficial holdings that include 454 shares acquired via dividend reinvestment through December 2025.

Were the Brunswick (BC) insider dispositions open-market sales?

The reported dispositions were tax-withholding transactions, not open-market sales. The Form 4 uses code F, described as payment of tax liability by delivering securities, indicating shares were withheld to cover taxes related to equity compensation, rather than discretionary market selling.

What price levels are shown for the Brunswick (BC) insider transactions?

The share award is reported at $86.17 and tax withholdings at $87.04. On February 12, 2026, 14,510 shares were acquired at $86.17. On February 13, 2026, several tax-withholding dispositions occurred at $87.04 per share, according to the transaction table.

How are Brunswick (BC) shares held indirectly by the CFO described?

The filing lists 8,669 shares held indirectly by a savings plan trustee. A footnote explains this is an estimate as of February 13, 2026, because the plan uses stock fund unit accounting, so the deemed share count varies with Brunswick’s stock price.
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