BrightSpire exec receives stock grants, tax shares withheld
BrightSpire Capital executive Andrew Elmore Witt received stock-based compensation and had shares withheld for taxes.
Rhea-AI Filing Summary
BrightSpire Capital executive Andrew Elmore Witt received stock-based compensation and had shares withheld for taxes. On March 16, 2026 he was granted 144,405 shares of Class A common stock that vest in three equal annual installments on March 15, 2027, March 15, 2028 and March 15, 2029. He also acquired 119,457 shares issued upon settlement of 2023 performance restricted stock units earned for a performance period ending March 6, 2026. To cover withholding taxes tied to prior grants and these performance units, 131,414 shares were withheld at $5.54 per share, leaving him with 712,076 Class A shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 144,405 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 119,457 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 131,414 | $5.54 | $728K |
Footnotes (3)
- F1. Represents shares of Class A Common Stock granted to the reporting person by the Issuer, which vest annually in three equal installments on March 15, 2027, March 15, 2028 and March 15, 2029.
- F2. Represents shares of Class A Common Stock issued to the reporting person by the Issuer in connection with the settlement of 2023 performance restricted stock units (the "2023 PRSUs") earned for the performance period ended March 6, 2026.
- F3. Represents the number of shares withheld by the Issuer in satisfaction of withholding taxes in connection with the vesting of certain shares of Class A common stock acquired through prior grants and the 2023 PRSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BrightSpire Capital (BRSP) report for Andrew Elmore Witt?
What is the vesting schedule for Andrew Elmore Witt’s new BrightSpire Capital (BRSP) stock grant?
What are the 2023 performance restricted stock units mentioned in the BrightSpire Capital (BRSP) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.