Brookdale (NYSE: BKD) EVP granted new stock units and shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brookdale Senior Living EVP, General Counsel & Secretary Chad C. White reported equity awards of common stock-based units. On February 12, 2026, he acquired 22,072 shares tied to time-based restricted stock units at a stated price of $0, bringing his direct holdings to 540,095 shares.
On the same date, he also acquired an additional 93,939 shares linked to performance-based restricted stock units at a stated price of $0, increasing his direct beneficial ownership to 634,034 shares. These awards generally vest between February 27, 2026 and February 27, 2028, subject to continued employment and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
White Chad C.
Role
EVP, General Counsel & Sec'y
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,072 | $0.00 | -- |
| Grant/Award | Common Stock | 93,939 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 540,095 shares (Direct)
Footnotes (1)
- Grant of time-based restricted stock units under the Brookdale Senior Living Inc. 2024 Omnibus Incentive Plan. Such restricted stock units are eligible to vest ratably in three annual installments beginning February 27, 2027, subject to continued employment. Each restricted stock unit is generally payable in the form of one share of the issuer's common stock upon vesting. This Form 4 does not report the grant of performance-based restricted stock units to the reporting person on February 12, 2026, which will be eligible to vest and be paid with respect to 33,109 shares of the issuer's common stock at target performance levels. The actual number of shares of the issuer's common stock, if any, that become payable under such performance-based restricted stock units will be reported following conclusion of the applicable performance periods. On February 12, 2026, the Compensation Committee determined the level of achievement of four tranches of performance-based restricted stock units previously awarded to the reporting person on February 15, 2023, February 15, 2024, and February 12, 2025 for the performance period ended December 31, 2025. Each performance-based restricted stock unit reported herein is generally payable in the form of one share of the issuer's common stock upon vesting. Such performance-based restricted stock units are generally eligible to vest on either February 27, 2026, February 27, 2027, or February 27, 2028, subject to continued employment.
FAQ
What insider transaction did Brookdale Senior Living (BKD) report for Chad C. White?
Brookdale Senior Living reported that EVP, General Counsel & Secretary Chad C. White acquired stock-based awards on February 12, 2026. The Form 4 shows grants of time-based and performance-based restricted stock units that increase his direct beneficial ownership in Brookdale common stock at no cash purchase price.
What are the vesting terms of the new Brookdale (BKD) restricted stock units reported?
The time-based restricted stock units generally vest in three equal annual installments beginning February 27, 2027, subject to continued employment. Performance-based restricted stock units linked to this report are generally eligible to vest on February 27, 2026, February 27, 2027, or February 27, 2028, depending on previously set performance goals.
Does the Brookdale (BKD) Form 4 reflect open-market stock purchases by Chad C. White?
No, the Form 4 reflects equity awards, not open-market purchases. Both transactions are coded as grants or awards with a transaction price of $0 per share, meaning they arise from Brookdale’s incentive plans rather than Chad C. White buying shares in the public market.
What performance-based Brookdale (BKD) awards are mentioned but not fully reported yet?
The footnotes note a separate February 12, 2026 grant of performance-based restricted stock units tied to 33,109 shares at target performance. The actual number of shares ultimately payable under that grant will only be reported after the applicable performance periods are completed and measured.