BrightSpring (BTSG) executive has shares withheld for taxes on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightSpring Health Services President Scott A. Greenwell reported a routine share disposition tied to equity compensation, not an open-market trade. The company withheld 2,487 shares of common stock at $66.25 per share to cover taxes due upon vesting of 5,613 restricted stock units at a net settlement price equal to the closing stock price on June 18, 2026. After this tax-withholding event, Greenwell directly holds 34,372 shares of BrightSpring common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greenwell Scott A.
Role
President, PharMerica
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,487 | $66.25 | $165K |
Holdings After Transaction:
Common Stock — 34,372 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,487 shares
Withholding price per share: $66.25 per share
RSUs vested: 5,613 restricted stock units
+1 more
4 metrics
Shares withheld for taxes
2,487 shares
Common stock withheld to satisfy tax liability
Withholding price per share
$66.25 per share
Net settlement price used for tax-withholding shares
RSUs vested
5,613 restricted stock units
Units vesting using June 18, 2026 closing price
Shares owned after transaction
34,372 shares
Direct BrightSpring common stock holdings post-transaction
Key Terms
restricted stock units, withheld by the Issuer, net settlement price, withholding taxes
4 terms
restricted stock units financial
"vesting of 5,613 restricted stock units at a net settlement price"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withheld by the Issuer financial
"Represents shares of the Issuer's common stock withheld by the Issuer"
net settlement price financial
"at a net settlement price equal to the closing stock price"
withholding taxes financial
"to satisfy withholding taxes due in connection with the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
FAQ
What did BrightSpring (BTSG) executive Scott A. Greenwell report in this Form 4?
Scott A. Greenwell reported a tax-related share disposition, not a market sale. The company withheld 2,487 BrightSpring shares to satisfy withholding taxes tied to the vesting of 5,613 restricted stock units at the June 18, 2026 closing stock price.
What equity award triggered the BrightSpring (BTSG) tax-withholding disposition?
The disposition was triggered by the vesting of 5,613 BrightSpring restricted stock units held by Scott Greenwell. When those RSUs vested at the June 18, 2026 closing stock price, the company withheld 2,487 shares to cover associated tax liabilities, as disclosed in the footnote.