Bright Horizons (NYSE: BFAM) director receives 2,096-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BEKENSTEIN JOSHUA reported acquisition or exercise transactions in this Form 4 filing.
BRIGHT HORIZONS FAMILY SOLUTIONS INC. director Joshua Bekenstein received an award of 2,096 shares of common stock at no purchase price. After this grant, he directly holds 12,778 shares. A footnote states the award is structured as fully vested restricted stock units, each representing one share deliverable upon the earliest of the fifth anniversary of grant, termination of service, or a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BEKENSTEIN JOSHUA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,096 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,778 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award: 2,096 shares
Award price: $0.00 per share
Post-grant holdings: 12,778 shares
3 metrics
Stock award
2,096 shares
Grant of common stock coded as acquisition on Form 4
Award price
$0.00 per share
Reported transaction price for granted common stock
Post-grant holdings
12,778 shares
Total common shares directly held after transaction
Key Terms
restricted stock unit, change in control, Common Stock
3 terms
restricted stock unit financial
"Each restricted stock unit is fully vested and represents the right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
change in control financial
"upon the earliest of the 5th anniversary of the grant, termination of service, and a change in control of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Joshua Bekenstein report in his BFAM Form 4 filing?
Joshua Bekenstein reported receiving 2,096 shares of Bright Horizons common stock as a grant. The award was made at no purchase price and increased his direct holdings to 12,778 shares after the transaction.
What are the terms of the restricted stock units in the BFAM Form 4?
Each restricted stock unit is fully vested and represents the right to receive one Bright Horizons common share. Delivery occurs upon the earliest of the fifth anniversary of the grant, termination of service, or a change in control of the company.
Was the BFAM Form 4 transaction an open-market purchase or sale?
The Form 4 transaction was not an open-market purchase or sale. It reflects a grant or award acquisition, where Joshua Bekenstein received 2,096 shares at a reported price of $0.00 per share as part of equity compensation.
What is the transaction code used in Joshua Bekenstein’s BFAM Form 4?
The transaction is coded "A" on the Form 4, indicating a grant, award, or other acquisition. This code confirms the shares were received as a compensation-related equity award rather than bought or sold in the open market.