BrightView director awarded RSUs, converts 10,894 shares
BrightView Holdings director William L. Cornog reported equity award activity and holdings.
Rhea-AI Filing Summary
BrightView Holdings director William L. Cornog reported equity award activity and holdings. He received a grant of 11,833 restricted stock units as director compensation on March 4, 2026. Each unit represents a contingent right to receive one share of BrightView common stock and will be settled in stock, cash, or a combination of both.
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 at $0.00 per share. Following this, he held 77,425 shares of common stock directly. He also reported indirect ownership of 30,000 shares held through trusts for his children, 20,000 shares held through a family limited partnership, and 5,000 shares held as trustee of a living trust, and he disclaimed beneficial ownership of the children’s trust securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,833 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,894 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,894 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis.
- F2. These shares are held through two separate trusts. Each trust benefits a child of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein,
- F3. 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).
- F4. 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.
- F5. 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 William L. Cornog report?
How many BrightView (BV) restricted stock units did Cornog receive and when do they vest?
What happened to the 10,894 BrightView (BV) restricted stock units mentioned in the filing?
Do Cornog’s reported BrightView (BV) transactions involve any stock sales?
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