BrightSpring (BTSG) director awarded 4,983 RSUs, now holds 23,106 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightSpring Health Services, Inc. director Steven B. Miller reported a compensation-related equity grant. On May 5, 2026, he acquired 4,983 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock upon settlement. These RSUs fully vest on May 5, 2027. Following this award, Miller holds 23,106 shares of BrightSpring common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Steven B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,983 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,106 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 4,983 units
RSU vesting date: May 5, 2027
Shares held after grant: 23,106 shares
+1 more
4 metrics
RSUs granted
4,983 units
Equity award on May 5, 2026
RSU vesting date
May 5, 2027
Full vesting of 4,983 RSUs
Shares held after grant
23,106 shares
Direct BrightSpring holdings post-transaction
Transaction price per share
$0.00
Indicates compensation-related RSU grant
Key Terms
restricted stock units ("RSUs"), fully vest, contingent right, settlement, +1 more
5 terms
restricted stock units ("RSUs") financial
"the Reporting Person was granted restricted stock units ("RSUs") which fully vest"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
fully vest financial
"RSUs which fully vest on May 5, 2027"
contingent right financial
"Each RSU represents a contingent right to receive one share"
settlement financial
"one share of the Issuer's common stock upon settlement"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did BrightSpring (BTSG) director Steven B. Miller report?
Director Steven B. Miller reported receiving 4,983 restricted stock units as an equity award. Each RSU converts into one BrightSpring common share upon settlement, increasing his direct holdings to 23,106 shares after the transaction.
When do Steven B. Miller’s new BrightSpring (BTSG) RSUs vest?
The 4,983 restricted stock units granted to Steven B. Miller fully vest on May 5, 2027. After vesting, each RSU entitles him to receive one share of BrightSpring common stock, subject to the plan’s normal settlement process.
What does each RSU granted to Steven B. Miller by BrightSpring (BTSG) represent?
Each RSU granted to Steven B. Miller represents a contingent right to receive one share of BrightSpring common stock. The units settle into shares after they fully vest on May 5, 2027, in line with the terms disclosed in the Form 4 footnote.
Is Steven B. Miller’s BrightSpring (BTSG) transaction a purchase or a grant?
The transaction is a grant or award of equity, not an open-market purchase. The Form 4 uses transaction code “A” for an award and specifies a $0.00 per-share price, indicating stock-based compensation rather than a cash-funded share purchase.