STOCK TITAN

Bright Horizons (NYSE: BFAM) COO receives new RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BRIGHT HORIZONS FAMILY SOLUTIONS INC. chief operating officer Mandy Berman reported stock-based compensation awards rather than open-market trades. On March 4, 2026, she acquired 7,260 restricted stock units that vest 100% on the third anniversary of the grant date and 6,600 restricted stock units that vest 100% on the second anniversary. Each RSU converts into one share of common stock upon vesting, increasing her direct ownership if vesting conditions are met.

Positive

  • None.

Negative

  • None.
Insider Berman Mandy
Role COO Back-Up and Ed Advisory
Type Security Shares Price Value
Grant/Award Common Stock 7,260 $0.00 --
Grant/Award Common Stock 6,600 $0.00 --
Holdings After Transaction: Common Stock — 25,615 shares (Direct)
Footnotes (1)
  1. Represents a grant of restricted stock units (RSU) that vest 100% on the third (3rd) anniversary of the grant date. Each RSU represents a right to receive one share of Registrant common stock upon vesting. Represents a grant of RSUs that vest 100% on the second (2nd) anniversary of the grant date. Each RSU represents a right to receive one share of Registrant common stock upon vesting.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Berman Mandy

(Last) (First) (Middle)
C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC
2 WELLS AVENUE

(Street)
NEWTON MA 02459

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BRIGHT HORIZONS FAMILY SOLUTIONS INC. [ BFAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
COO Back-Up and Ed Advisory
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 A 7,260 A $0.00(1) 25,615 D
Common Stock 03/04/2026 A 6,600 A $0.00(2) 32,215 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted stock units (RSU) that vest 100% on the third (3rd) anniversary of the grant date. Each RSU represents a right to receive one share of Registrant common stock upon vesting.
2. Represents a grant of RSUs that vest 100% on the second (2nd) anniversary of the grant date. Each RSU represents a right to receive one share of Registrant common stock upon vesting.
Remarks:
John Casagrande, as attorney in fact for Mandy Berman 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BFAM executive Mandy Berman report?

Mandy Berman reported receiving stock-based awards, not open-market trades. She was granted 7,260 restricted stock units vesting after three years and 6,600 restricted stock units vesting after two years, each representing a right to one Bright Horizons common share upon vesting.

How many Bright Horizons (BFAM) RSUs did Mandy Berman receive?

Mandy Berman received two restricted stock unit grants totaling 13,860 units. One grant covers 7,260 RSUs that vest 100% on the third anniversary of the grant date, and the other covers 6,600 RSUs that vest 100% on the second anniversary of the grant date.

When do Mandy Berman’s new BFAM restricted stock units vest?

Her RSUs vest on fixed future dates, not gradually. The 7,260-unit award vests 100% on the third anniversary of the March 4, 2026 grant, while the 6,600-unit award vests 100% on the second anniversary of that same grant date.

Are Mandy Berman’s BFAM transactions open-market purchases or sales?

The reported transactions are stock awards, not market trades. Both entries use transaction code “A” for grants or awards, with a price of zero, indicating restricted stock unit grants that convert into Bright Horizons common shares only if vesting conditions are satisfied in the future.

How do these RSU grants affect Mandy Berman’s BFAM ownership?

The RSU grants increase her potential future ownership stake. Each restricted stock unit represents a right to receive one share of Bright Horizons common stock upon vesting, so full vesting of the 7,260 and 6,600 RSU awards would add an equal number of shares to her holdings.