BrightSpring (BTSG) CFO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightSpring Health Services, Inc.’s Chief Financial Officer, Jennifer A. Phipps, reported a routine tax-related share withholding. On January 25, 2026, 33,190 shares of common stock were withheld at a price of $39.64 per share in connection with restricted stock units vesting.
The footnote explains these shares were retained by the company to cover withholding taxes tied to the vesting of 77,012 restricted stock units, using the closing stock price on January 23, 2026 as the net settlement price. After this transaction, Phipps beneficially owned 196,840 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phipps Jennifer A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 33,190 | $39.64 | $1.32M |
Holdings After Transaction:
Common Stock — 196,840 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did BrightSpring (BTSG) disclose for its CFO?
BrightSpring’s CFO, Jennifer A. Phipps, reported a tax-related share withholding transaction. The company withheld 33,190 common shares to satisfy taxes on vested restricted stock units, a common administrative process rather than an open-market share sale.
Was the BrightSpring (BTSG) CFO’s Form 4 an open-market sale?
The Form 4 describes shares withheld by the company for taxes, not an open-market sale. The 33,190 shares were retained to cover withholding taxes triggered by vesting of 77,012 restricted stock units granted to the CFO.