BV Form 4: 229,455 RSUs vested; 90,291 shares withheld for taxes
Rhea-AI Filing Summary
Dale A. Asplund, President and CEO of BrightView Holdings, Inc. (BV), reported transactions on 10/01/2025 showing 229,455 restricted stock units vested and converted into the same number of common shares. The filing shows 90,291 shares were withheld to cover related taxes at a reported price of $13.70 per share. After these transactions, the filing reports beneficial ownership of 990,765 shares (direct).
Positive
- 229,455 restricted stock units vested and converted to common shares on 10/01/2025
- Transaction executed via compensation plan, not an open-market sale, indicating standard equity settlement
Negative
- 90,291 shares were withheld to pay taxes, reducing direct beneficial ownership to 990,765
Insights
CEO received vested RSUs and reduced holding via tax withholding.
The filing documents a vesting event of 229,455 restricted stock units converted one-for-one to common shares on 10/01/2025. It also records withholding of 90,291 shares to satisfy tax obligations at $13.70 per share.
This is a routine executive equity compensation settlement rather than an open-market sale; the reported beneficial ownership after the transactions is 990,765 shares.
Time‑based RSUs vested; remaining unvested performance awards not reported as owned.
The disclosed RSUs were time‑based and vest in four equal annual installments; the vested tranche converted to 229,455 shares. The filing explicitly excludes unvested performance shares that will be reported only if earned.
This clarifies which equity elements are settled now (RSUs) versus contingent (performance shares).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 229,455 | $0.00 | -- |
| Exercise | Common Stock | 229,455 | $0.00 | -- |
| Tax Withholding | Common Stock | 90,291 | $13.70 | $1.24M |
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 October 1, 2025. 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 vest in four equal annual installments beginning on October 1, 2024.
