BFAM CEO reports PRSU vesting and tax share withholding
BRIGHT HORIZONS FAMILY SOLUTIONS INC.
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Rhea-AI Filing Summary
BRIGHT HORIZONS FAMILY SOLUTIONS INC. CEO & President Stephen Howard Kramer reported equity compensation activity involving common stock. He acquired 12,240 shares at $0.00 per share through the vesting of performance-based restricted stock units tied to financial metrics for the period from January 1, 2023 to December 31, 2025.
To cover tax withholding obligations from this PRSU vesting and from separate restricted stock unit vesting, 4,083 shares and 8,793 shares were disposed of at $71.64 per share through share withholding, rather than open-market sales. Following these transactions, he directly held 114,501 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,240 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,083 | $71.64 | $293K |
| Exercise Price or Tax Liability | Common Stock | 8,793 | $71.64 | $630K |
Footnotes (3)
- F1. Represents the acquisition of shares of the Registrant's common stock upon the vesting of performance-based restricted stock units (PRSUs). The number of PRSUs was based on the Registrant's level of achievement of certain financial performance metrics for the performance period, which commenced on January 1, 2023 and ended on December 31, 2025. Each PRSU represents a contingent right to receive one share of Registrant common stock upon vesting and settlement.
- F2. Represents shares withheld to satisfy tax withholding obligations arising as a result of the vesting and settlement of the PRSUs described in footnote 1.
- F3. Represents shares withheld to satisfy tax withholding obligation arising upon the vesting of restricted stock units (RSU). Each RSU represents a right to receive one share of Registrant common stock upon vesting.
FAQ
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What insider transactions did BFAM CEO Stephen Howard Kramer report?
What performance period was used for the BFAM PRSUs that vested?
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