BrightSpring Health Services major shareholder entities associated with KKR reported several transactions in the company’s common stock. An affiliated holder, KKR Phoenix Aggregator L.P., sold 19,715,000 shares in an underwritten public offering at a net price of $40.961 per share. After these transactions, affiliated entities reported holding 41,824,259 shares of common stock. Additional movements included in-kind distributions that allowed ultimate recipients to make charitable donations of shares, with Messrs. Henry R. Kravis and George R. Roberts each donating shares they received. The reporting persons collectively disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest.
KKR-affiliated entities reported several transactions in BrightSpring Health Services common stock. The main move was an open-market sale of 19,715,000 shares at a net price of $40.961 per share through an underwritten public offering, leaving tens of millions of shares still indirectly held.
Additional entries cover 402,773 shares reclassified in connection with this sale, plus two bona fide gifts of 49,295 and 31,918 shares. Footnotes explain that these shares were distributed in kind to partners and shareholders so that ultimate recipients, including Messrs. Henry R. Kravis and George R. Roberts, could donate shares to charity. The reporting entities collectively disclaim beneficial ownership beyond any pecuniary interest.
BrightSpring Health Services' major shareholder KKR Phoenix Aggregator L.P. has sold part of its stake through a large secondary offering. On March 2, 2026, selling stockholders agreed to sell 20,000,000 shares of common stock, including 19,715,000 shares from KKR Phoenix Aggregator L.P., to an underwriter at a net price of $40.961 per share, with the deal closing on March 4, 2026. After the transaction, KKR Phoenix Aggregator L.P. directly holds 41,824,259 shares, and KKR-affiliated entities and founders Henry R. Kravis and George R. Roberts may be deemed to beneficially own up to 41,938,202 shares, representing about 21.8% of BrightSpring’s 192,369,354 shares outstanding as of the offering’s closing. KKR Phoenix Aggregator L.P. entered a lock-up agreement restricting most additional sales of BrightSpring stock for 60 days from March 2, 2026, unless the underwriter consents.
BrightSpring Health Services entered an underwriting agreement for an underwritten secondary offering of 20,000,000 shares of common stock at $41.15 per share. All of these shares were sold by KKR and management selling stockholders, so BrightSpring itself did not receive the sale proceeds, other than cash from related stock option exercises.
As part of the same transaction, BrightSpring repurchased 1,464,807 shares of its common stock from the underwriter. The underwriter did not receive underwriting fees on the repurchased shares. The deal was conducted under an automatic shelf registration on Form S-3ASR, with customary representations, covenants, and indemnification provisions.
BrightSpring Health Services filed its annual report describing a nationwide platform delivering home and community-based pharmacy and provider services to complex Senior and Specialty patients. The company serves over 465,000 patients daily through about 10,500 clinical providers and pharmacists across all 50 states.
BrightSpring is reorganizing its portfolio by agreeing to divest its Community Living business for $835 million, treating it as discontinued operations and sharpening focus on home health, hospice, rehab, primary care, and integrated pharmacy. The report notes substantial indebtedness of approximately $2.6 billion and a highly competitive, heavily regulated reimbursement environment.
BrightSpring Health Services received an updated beneficial ownership report from FMR LLC and Abigail P. Johnson. They report beneficial ownership of 22,912,232.08 shares of BrightSpring common stock, representing 12.7% of the class as of the event date.
The filing states these shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of BrightSpring. One or more other persons may receive dividends or sale proceeds from these shares, but no such person has more than five percent of the total outstanding common stock.
BrightSpring Health Services Chairman, President and Chief Executive Officer Jon B. Rousseau reported a tax-related share withholding. On January 25, 2026, BrightSpring withheld 49,304 shares of common stock at $39.64 per share to cover taxes on the vesting of 109,442 restricted stock units.
After this transaction, Rousseau directly owned 1,023,880 shares of BrightSpring common stock. He also had an indirect interest in 369,763 shares held by the Rousseau Family Trust, and he disclaims beneficial ownership of those indirect shares beyond his pecuniary interest.
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.
BrightSpring Health Services officer reports tax-related share withholding. On January 25, 2026, officer Lisa A. Nalley had 20,556 shares of BrightSpring common stock withheld by the company to cover taxes tied to the vesting of 47,503 restricted stock units, using a net settlement price based on the January 23, 2026 closing stock price. After this transaction, she beneficially owned 110,594 shares of common stock directly.
BrightSpring Health Services officer reports tax withholding share transaction. President, Community Living Robert Allen Barnes reported that on January 25, 2026, 6,972 shares of BrightSpring common stock were withheld by the company at $39.64 per share to cover taxes on vesting equity.
The withholding related to the vesting of 15,540 restricted stock units, settled using the January 23, 2026 closing stock price. After this administrative transaction, Barnes directly held 32,297 shares of BrightSpring common stock.