Bright Horizons (BFAM) CEO awarded 32,999 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kramer Stephen Howard reported acquisition or exercise transactions in this Form 4 filing.
Bright Horizons Family Solutions Inc. CEO and President Stephen Howard Kramer reported an equity award of 32,999 shares of common stock on a Form 4. The award is in the form of restricted stock units that were granted at no cash cost and increase his directly held shares to 147,500.
The filing notes that each restricted stock unit represents one share of Bright Horizons common stock and that the units vest 100% on the third anniversary of the grant date, providing long-term, stock-based compensation aligned with the company’s future performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kramer Stephen Howard
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,999 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 147,500 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did BFAM CEO Stephen Kramer report on this Form 4?
Stephen Kramer reported receiving an equity award of 32,999 restricted stock units. These units represent rights to receive Bright Horizons common shares in the future and were granted at no cash purchase price as part of his compensation package.
What are the vesting terms of Stephen Kramer’s 32,999 BFAM restricted stock units?
The 32,999 restricted stock units vest 100% on the third anniversary of the grant date. This means the entire award becomes deliverable as shares at that single future point, encouraging longer-term alignment with Bright Horizons’ performance and retention of its CEO.
Was Stephen Kramer’s BFAM stock award a market purchase or a compensation grant?
The reported 32,999 shares were received as a compensation grant, not a market purchase. The Form 4 identifies the transaction as a grant or award acquisition with a per-share price of $0.0000, indicating no cash outlay by Stephen Kramer.