BFAM CAO reports RSU tax-withholding shares
BRIGHT HORIZONS FAMILY SOLUTIONS INC.
Rhea-AI Filing Summary
BRIGHT HORIZONS FAMILY SOLUTIONS INC. Chief Accounting Officer Jason Janoff reported a Form 4 reflecting a tax-related share disposition. On this filing, 1,172 shares of common stock were withheld at $71.64 per share to satisfy tax obligations upon restricted stock unit vesting. After this non-open-market tax-withholding transaction, Janoff directly holds 8,933 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,172 shares
Exercise Price or Tax Liability
1 txn
Insider
Janoff Jason
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,172 | $71.64 | $84K |
Holdings After Transaction:
Common Stock — 8,933 shares (Direct)
Footnotes (1)
- F1. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BFAM executive Jason Janoff report on this Form 4?
Jason Janoff reported a tax-withholding disposition of 1,172 shares of BFAM common stock. The shares were withheld to cover taxes triggered by restricted stock unit vesting, rather than sold in an open-market transaction.
Was Jason Janoff’s BFAM Form 4 transaction an open-market sale or purchase?
The transaction was not an open-market sale or purchase. It was a tax-withholding disposition, where 1,172 shares were withheld to satisfy tax liabilities from restricted stock unit vesting, as described in the filing footnote.
What does the footnote on Jason Janoff’s BFAM Form 4 explain about the transaction?
The footnote states the 1,172 shares represent stock withheld to meet tax withholding obligations upon RSU vesting. Each restricted stock unit corresponds to one share of BFAM common stock delivered when vesting occurs.
What is the role of Jason Janoff at BRIGHT HORIZONS FAMILY SOLUTIONS INC.?
Jason Janoff serves as Chief Accounting Officer of BRIGHT HORIZONS FAMILY SOLUTIONS INC. This Form 4 reports his tax-withholding disposition related to the vesting of restricted stock units in the company’s common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.