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Bright Horizons (BFAM) CEO awarded 32,999 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Kramer Stephen Howard

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO & President
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 32,999 A $0.00(1) 147,500 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.
Remarks:
/s/ John Casagrande, as attorney in fact for Stephen Kramer 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 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.

How many BFAM shares does Stephen Kramer hold after this reported grant?

After the reported grant, Stephen Kramer directly holds 147,500 shares of Bright Horizons common stock. This total reflects the addition of 32,999 restricted stock units awarded to him, which are structured to convert into shares upon future vesting.

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.

Does each restricted stock unit in Stephen Kramer’s BFAM award equal one share?

Yes. Each restricted stock unit in Stephen Kramer’s award represents the right to receive one share of Bright Horizons common stock upon vesting. This one-for-one structure clearly links the size of the equity award to his eventual share ownership.

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.
Bright Horizons Fam Sol In Del

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