BrightView (NYSE: BV) CAO converts RSUs and withholds shares for taxes
Rhea-AI Filing Summary
BrightView Holdings, Inc. Chief Accounting Officer Brian Edward Jackson reported equity compensation activity involving restricted stock units and common shares. On February 28, 2026, 1,863 restricted stock units were exercised or converted at $0.00 per unit, increasing his directly held restricted stock units to 5,589.
These units converted into 1,863 shares of common stock on a one-for-one basis, raising his directly held common stock to 28,854 shares before tax withholding. To cover related tax obligations on the vesting, 632 common shares were withheld at $13.79 per share, leaving 28,222 common shares directly owned after the transactions.
Footnotes explain that his holdings include shares acquired under the employee stock purchase plan and unvested restricted stock, and that additional performance shares will be reported when earned based on specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,863 | $0.00 | -- |
| Exercise | Common Stock | 1,863 | $0.00 | -- |
| Tax Withholding | Common Stock | 632 | $13.79 | $9K |
Footnotes (1)
- Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis. Includes shares of common stock acquired under the Issuer's employee stock purchase plan and unvested shares of restricted stock. Does not include unvested performance shares which will be reported when earned upon achievement of certain performance criteria. Represents the number of shares of common stock withheld to pay the related tax liability on restricted stock units that vested on February 28, 2026. 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). Represents a grant of time-based restricted stock units that vests in four equal annual installments beginning on February 28, 2026.