BrightSpring Health Services (BTSG) CEO has 56,319 shares withheld for tax
Rhea-AI Filing Summary
BrightSpring Health Services, Inc. reported that Chairman, President and CEO Jon B. Rousseau had 56,319 shares of common stock withheld on July 25, 2026 to satisfy withholding taxes tied to the vesting of 125,012 restricted stock units at a net settlement price of $72.91 per share, equal to the July 24, 2026 closing price. After this tax-withholding disposition, he directly holds 1,138,184 shares, and an additional 369,763 shares are held indirectly by the Rousseau Family Trust, for which he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 56,319 shares
Net Sell
2 txns
Insider
ROUSSEAU JON B
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 56,319 | $72.91 | $4.11M |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,138,184 shares (Direct);
Common Stock — 369,763 shares (Indirect, By Rousseau Family Trust)
Footnotes (2)
- F1. Represents shares of the Issuer's common stock withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of 125,012 restricted stock units at a net settlement price equal to the closing stock price on July 24, 2026.
- F2. The Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein as indirectly owned, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.
Key Figures
Shares withheld for taxes: 56,319 shares
Net settlement price: $72.91 per share
Restricted stock units vested: 125,012 units
+2 more
5 metrics
Shares withheld for taxes
56,319 shares
Common stock withheld on July 25, 2026 to satisfy withholding taxes on RSU vesting
Net settlement price
$72.91 per share
Equal to the closing stock price on July 24, 2026 used for tax withholding
Restricted stock units vested
125,012 units
RSUs vesting that triggered the tax-withholding share disposition
Direct shares after transaction
1,138,184 shares
BrightSpring common stock directly held by Jon B. Rousseau after withholding
Indirect shares via trust
369,763 shares
Common stock held indirectly by the Rousseau Family Trust
Key Terms
restricted stock units, withholding taxes, net settlement price, beneficial ownership
4 terms
restricted stock units financial
"vesting of 125,012 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.
withholding taxes financial
"withheld by the Issuer to satisfy withholding taxes due in connection"
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.
net settlement price financial
"at a net settlement price equal to the closing stock price"
beneficial ownership financial
"disclaims beneficial ownership of such securities except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BrightSpring (BTSG) CEO Jon B. Rousseau report?
Jon B. Rousseau reported 56,319 shares of BrightSpring common stock were withheld to pay taxes on vested restricted stock units. This was a code F tax-withholding disposition, not an open-market purchase or sale, and reflects equity compensation vesting.
How many BrightSpring (BTSG) restricted stock units vested for the CEO?
The filing states that 125,012 restricted stock units vested for Jon B. Rousseau. To cover the associated withholding taxes, the issuer withheld 56,319 shares of common stock at a net settlement price tied to the closing stock price on July 24, 2026.
Was the BrightSpring (BTSG) CEO’s tax-withholding transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating the transaction was not reported as conducted under a pre-arranged 10b5-1 trading plan. It instead reflects automatic withholding for taxes on restricted stock unit vesting.