Bright Horizons (BFAM) director awarded 2,096 fully vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HITCH JORDAN reported acquisition or exercise transactions in this Form 4 filing.
Bright Horizons Family Solutions director Jordan Hitch received a stock award of 2,096 shares of common stock as compensation. The award was granted at no cash cost to him and increases his direct holdings to 12,778 shares.
Each restricted stock unit is fully vested and represents the right to receive one share of common stock upon the earliest of the fifth anniversary of the 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
HITCH JORDAN
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
Grant price: $0.00 per share
Holdings after transaction: 12,778 shares
+3 more
6 metrics
Stock award
2,096 shares
Common stock grant to director on 2026-06-03
Grant price
$0.00 per share
Reported transaction price for awarded shares
Holdings after transaction
12,778 shares
Director’s direct ownership following award
RSU-to-share ratio
1 unit : 1 share
Each restricted stock unit delivers one common share
Vesting status
Fully vested at grant
Restricted stock units described as fully vested
Delivery deadline
5th anniversary of grant
Latest date for share delivery absent earlier events
Key Terms
restricted stock unit, termination of service, change in control
3 terms
restricted stock unit financial
"Each restricted stock unit is fully vested and represents the right to receive one share"
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.
termination of service financial
"upon the earliest of the 5th anniversary of the grant, termination of service, and a change in control"
change in control financial
"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.
FAQ
What insider transaction did Jordan Hitch report at Bright Horizons (BFAM)?
Jordan Hitch reported receiving 2,096 shares of Bright Horizons common stock as a fully vested stock award. The grant was recorded at a price of $0.00 per share and increased his direct holdings to 12,778 shares following the transaction.