[Form 4] BrightView Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
BrightView Holdings insider report: Michael Joe Dozier, EVP and Chief Commercial Officer, reported transactions on September 29, 2025 whereby 31,645 restricted stock units vested and converted one-for-one into common shares. Following the vesting, he beneficially owned 204,894 shares, inclusive of shares acquired under the employee stock purchase plan and unvested restricted stock (excluding unvested performance shares). To satisfy tax withholding on the vested RSUs, 9,348 shares were withheld at an effective price of $13.22 per share, leaving a reported beneficial ownership of 195,546 shares after that withholding. The RSUs were time-based and settled in shares or cash per plan terms.
Positive
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Insights
TL;DR: Insider vested a meaningful block of RSUs, increasing reported ownership but with share withholding for taxes.
Dozier's conversion of 31,645 RSUs into common stock is a routine executive compensation event that increases his reported share count to 204,894 before tax withholding. The withholding of 9,348 shares at $13.22 is a standard administrative action to satisfy tax obligations and does not indicate a sale or change in investment intent. For investors, the transaction is informative about executive compensation realization and minor dilution from RSU settlement, but it does not reflect active divestiture or market-facing trading by the officer.
TL;DR: This is a policy-driven vesting and tax-withholding disclosure, not a governance red flag.
The Form 4 documents time-based RSU vesting and standard tax-withholding mechanics. The filing notes that performance shares remain unvested and will be reported when earned, which is a useful disclosure about outstanding contingent awards. Reporting was executed by attorney-in-fact and properly discloses direct beneficial ownership and the nature of indirect holdings. From a governance perspective, the filing meets Section 16 reporting expectations and signals normal compensation settlement rather than an unusual governance event.