Bright Horizons (BFAM) COO reports PRSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRIGHT HORIZONS FAMILY SOLUTIONS INC. COO North America Center Ops Mary Lou Burke reported equity compensation activity in company common stock. On February 24, 2026, she acquired 3,847 shares at $0.00 per share through the vesting of performance-based restricted stock units tied to financial metrics from January 1, 2023 to December 31, 2025.
To cover related tax obligations, 1,283 shares and 2,428 shares were withheld at $71.64 per share in tax-withholding dispositions tied to the vesting and settlement of these performance-based units and other restricted stock units. Following these transactions, she directly holds 26,585 common shares and indirectly holds 1,320 shares as UTMA custodian for her daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Burke Mary Lou
Role
COO North America Center Ops
| 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 | 2,428 | $71.64 | $174K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,296 shares (Direct);
Common Stock — 1,320 shares (Indirect, UTMA Custodian for daughter)
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 did BFAM executive Mary Lou Burke report in this Form 4?
Mary Lou Burke reported equity compensation activity involving Bright Horizons common stock. She acquired shares through the vesting of performance-based restricted stock units and had additional shares withheld to satisfy tax obligations tied to this vesting and to other restricted stock units.
What performance period governed Mary Lou Burke’s BFAM performance-based units?
The performance-based restricted stock units vested based on Bright Horizons’ achievement of financial metrics over a period from January 1, 2023 to December 31, 2025. The number of shares issued reflected the company’s performance over that specific multi-year timeframe.