BFAM (BFAM) COO reports equity award vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bright Horizons Family Solutions chief operating officer Mandy Berman reported equity compensation activity involving the company’s common stock. She acquired 3,847 shares at no cost through the vesting of performance-based restricted stock units tied to financial metrics for a period from January 1, 2023 to December 31, 2025. To cover tax withholding obligations from this PRSU vesting and from separate restricted stock units, 1,283 shares and 2,430 shares were disposed of at a price of $71.64 per share through share withholding rather than open-market sales. After these grant and tax-withholding dispositions, she directly owns 18,355 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Berman Mandy
Role
COO Back-Up and Ed Advisory
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,847 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,283 | $71.64 | $92K |
| Tax Withholding | Common Stock | 2,430 | $71.64 | $174K |
Holdings After Transaction:
Common Stock — 22,068 shares (Direct)
Footnotes (1)
- 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. Represents shares withheld to satisfy tax withholding obligations arising as a result of the vesting and settlement of the PRSUs described in footnote 1. 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
What insider transactions did BFAM executive Mandy Berman report?
Mandy Berman reported equity compensation activity, including the vesting of performance-based restricted stock units and restricted stock units. She acquired 3,847 shares at no cost and had shares withheld to cover tax obligations associated with these vestings.
What performance period was used for Mandy Berman’s BFAM performance RSUs?
The performance-based restricted stock units vested based on Bright Horizons’ achievement of financial metrics over a period starting January 1, 2023 and ending December 31, 2025. Each vested PRSU converted into one share of common stock upon settlement.