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[Form 4] BrightView Holdings, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
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).

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Asplund Dale A

(Last) (First) (Middle)
C/O BRIGHTVIEW HOLDINGS, INC.
980 JOLLY ROAD, SUITE 300

(Street)
BLUE BELL PA 19422

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BrightView Holdings, Inc. [ BV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2025 M 229,455 A (1) 1,081,056(2) D
Common Stock 10/01/2025 F(3) 90,291 D $13.7 990,765(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (4) 10/01/2025 M 229,455 (5) (5) Common Stock 229,455 $0 458,910 D
Explanation of Responses:
1. Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
2. 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.
3. 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.
4. 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).
5. Represents a grant of time-based restricted stock units that vest in four equal annual installments beginning on October 1, 2024.
/s/ Jonathan M. Gottsegen, as Attorney-in-Fact 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did BrightView (BV) report on 10/01/2025?

The CEO, Dale A. Asplund, had 229,455 restricted stock units vest and convert to common stock on 10/01/2025.

How many shares were withheld for taxes in the BV Form 4?

90,291 shares were withheld to cover tax withholding related to the vested restricted stock units.

What was the reported withholding price per share?

The Form 4 reports a withholding price of $13.70 per share for the tax withholding transaction.

What is Dale Asplund's beneficial ownership after the transactions?

After the transactions reported on the Form 4, the filing shows beneficial ownership of 990,765 shares (direct).

Are performance shares included in the reported ownership?

No. The filing states unvested performance shares are excluded and will be reported if and when earned upon achievement of performance criteria.
Brightview Holdings

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1.13B
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Specialty Business Services
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United States
BLUE BELL