Bright Horizons (NYSE: BFAM) grants 4,950 RSUs to general counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported that General Counsel and Secretary John Guy Casagrande acquired 4,950 shares of common stock through a grant of restricted stock units. The award was made at a price of $0.00 per share and increased his directly held common stock to 21,912 shares.
According to the footnote, the 4,950 restricted stock units vest 100% on the third anniversary of the grant date, with each unit delivering one share of common stock upon vesting. In addition to his direct holdings, 100 shares are reported as owned indirectly by a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Casagrande John Guy
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,950 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,912 shares (Direct);
Common Stock — 100 shares (Indirect, By Child)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did BFAM’s John Guy Casagrande report on this Form 4?
John Guy Casagrande reported receiving a grant of 4,950 restricted stock units in BRIGHT HORIZONS FAMILY SOLUTIONS INC. The award is recorded at $0.00 per share and represents equity-based compensation that will convert into common stock when the units vest in the future.
What are the vesting terms of the 4,950 restricted stock units reported for BFAM?
The 4,950 restricted stock units vest 100% on the third anniversary of the grant date. Each unit represents the right to receive one share of BRIGHT HORIZONS common stock, meaning the executive receives the underlying shares only after the three-year vesting period.
How is the indirect ownership for BFAM’s John Guy Casagrande described in the filing?
The filing lists 100 BRIGHT HORIZONS common shares as indirectly owned, with the nature of ownership noted as “By Child.” This indicates the shares are held in the name of a child, while still being reportable in the insider’s overall beneficial ownership disclosure.