Director at BrightView (NYSE: BV) receives RSU grant and sees prior awards vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightView Holdings director Francisco Jr. Lopez reported equity-based compensation activity. On March 4, 2026, he was granted 11,833 restricted stock units with no cash paid per unit, increasing his restricted stock unit holdings to 11,833. Each unit represents a contingent right to receive one share of common stock, to be settled in stock, cash, or a combination.
On March 2, 2026, 10,894 previously issued time-based restricted stock units vested and were exercised, converting into 10,894 shares of common stock on a one-for-one basis at a price of $0.00 per share. Following this conversion, he directly held 94,194 shares of BrightView common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,894 shares exercised/converted
Mixed
3 txns
Insider
Lopez Francisco Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,833 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,894 | $0.00 | -- |
| Exercise | Common Stock | 10,894 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,833 shares (Direct);
Common Stock — 94,194 shares (Direct)
Footnotes (1)
- Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units will be settled in either common stock or cash (or a combination thereof). On March 5, 2025, the Reporting Person was issued 10,894 time-based restricted stock units as director compensation that vested on March 2, 2026. Represents a grant of time-based restricted stock units issued as director compensation that vests 100% on the earlier of the business day immediately preceding the Issuer's next annual meeting of stockholders or a change of control of the Issuer.
FAQ
What insider transactions did BrightView (BV) director Francisco Jr. Lopez report?
Francisco Jr. Lopez reported equity awards and conversions, not open-market trades. He received 11,833 new restricted stock units and saw 10,894 previously granted units vest and convert into common stock, reflecting routine director compensation rather than cash purchases or sales.
How many restricted stock units did BrightView (BV) grant to Francisco Jr. Lopez?
BrightView granted Francisco Jr. Lopez 11,833 restricted stock units as director compensation. These units were awarded at a price of $0.00 per unit and will vest in full upon the earlier of the day before the next annual stockholder meeting or a change of control.
What happened to the 10,894 BrightView (BV) restricted stock units reported by Lopez?
The 10,894 restricted stock units previously issued to Francisco Jr. Lopez vested and were exercised into 10,894 shares of BrightView common stock. The conversion occurred on a one-for-one basis at $0.00 per share as part of his time-based director compensation program.
How are BrightView (BV) restricted stock units for directors structured in this filing?
Each restricted stock unit represents a contingent right to receive one BrightView common share. Units may be settled in stock, cash, or both. Time-based director RSUs in this filing vest either before the next annual stockholder meeting or upon a change of control, whichever occurs first.