BrightSpring Health Services (BTSG) exec has shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightSpring Health Services President, Community Living, Robert Allen Barnes reported a routine tax-related share disposition. On March 30, 2026, 6,748 shares of common stock were withheld by the company to cover taxes due on the vesting of 15,540 restricted stock units at a net settlement price of $41.54 per share. Following this withholding, Barnes directly holds 25,549 shares of BrightSpring Health Services common stock. This was not an open-market purchase or sale but an administrative step tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barnes Robert Allen
Role
President, Community Living
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,748 | $41.54 | $280K |
Holdings After Transaction:
Common Stock — 25,549 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 6,748 shares
Net settlement price: $41.54 per share
Shares after transaction: 25,549 shares
+2 more
5 metrics
Shares withheld for taxes
6,748 shares
Common stock withheld on March 30, 2026 for tax obligations
Net settlement price
$41.54 per share
Closing stock price on March 30, 2026 used for RSU vesting
Shares after transaction
25,549 shares
Total common shares directly held after tax withholding
RSUs vested
15,540 units
Restricted stock units vesting that triggered tax withholding
Transaction date
March 30, 2026
Date of RSU vesting and tax withholding event
Key Terms
restricted stock units, withheld by the Issuer to satisfy withholding taxes, net settlement price, tax-withholding disposition
4 terms
restricted stock units financial
"in connection with the vesting of 15,540 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 to satisfy withholding taxes financial
"Represents shares of the Issuer's common stock withheld by the Issuer to satisfy withholding taxes due"
net settlement price financial
"at a net settlement price equal to the closing stock price on March 30, 2026"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did BrightSpring Health Services (BTSG) executive Robert Allen Barnes report on this Form 4?
Robert Allen Barnes reported shares withheld for taxes, not an open-market trade. The company withheld 6,748 common shares to satisfy tax obligations linked to vesting of 15,540 restricted stock units, using the March 30, 2026 closing stock price as the net settlement price.
What equity award event triggered the Form 4 for BrightSpring (BTSG) executive Robert Allen Barnes?
The Form 4 was triggered by the vesting of 15,540 restricted stock units. To cover related withholding taxes, BrightSpring withheld 6,748 common shares at a net settlement price equal to the March 30, 2026 closing stock price of $41.54 per share.