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Bowman CFO Disposes 10,000 Shares; 10b5-1 Plan Covers Up to 20,000

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bruce J. Labovitz, Chief Financial Officer of Bowman Consulting Group Ltd. (BWMN), reported the sale of 10,000 shares of the company’s common stock on 09/23/2025 at a reported price of $43.30 per share. After the sale, Mr. Labovitz beneficially owned 395,560 shares. The filing states the sale was made under a Rule 10b5-1 trading plan adopted on June 10, 2025, which authorizes sales of up to 20,000 shares from September 2025 through October 2025. The Form 4 was signed on behalf of Mr. Labovitz by a power of attorney on 09/25/2025.

Positive

  • Sale conducted under a Rule 10b5-1 plan, indicating prearranged trading and reduced potential for insider trading concerns
  • Timely disclosure via Form 4 with power of attorney execution, meeting Section 16 reporting requirements

Negative

  • Insider sale of 10,000 shares at $43.30 reduces beneficial ownership and represents insider liquidity
  • Plan authorizes up to 20,000 shares to be sold through October 2025, indicating additional insider sales may occur

Insights

TL;DR: Insider sold a modest portion of holdings under a prearranged plan; transaction appears routine and non-informative for fundamentals.

The CFO disposed of 10,000 shares under a Rule 10b5-1 plan, representing a small fraction of his post-transaction holdings (395,560 shares). The plan authorizes up to 20,000 shares to be sold through October 2025, which suggests the transactions are pre-scheduled rather than reactive to undisclosed material information. For investors focused on ownership trends, this is observable insider liquidity but not an immediate signal of deteriorating company performance based solely on this filing.

TL;DR: Use of a documented 10b5-1 plan indicates governance practice to mitigate insider trading risk; disclosure is standard.

The Form 4 discloses that the sale was executed pursuant to a documented Rule 10b5-1 plan adopted June 10, 2025, which is a recognized governance mechanism to allow scheduled trades while reducing regulatory concerns. The report was executed via power of attorney and properly filed. No other governance issues or departures are disclosed in this filing.

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*
Labovitz Bruce J

(Last) (First) (Middle)
C/O BOWMAN CONSULTING GROUP LTD.
12355 SUNRISE VALLEY DRIVE, SUITE 520

(Street)
RESTON VA 20191

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bowman Consulting Group Ltd. [ BWMN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025
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 09/23/2025 S(1) 10,000 D $43.3 395,560 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
Explanation of Responses:
1. Reflects shares sold under a Rule 10b5-1 trading plan adopted on June 10, 2025. The plan provides for the sale of up to 20,000 shares of the Company's common stock pursuant to the terms of the plan from September 2025 through October 2025.
Remarks:
/s/ Bruce Labovitz by Robert Hickey with Power of Attorney 09/25/2025
** 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 did BWMN insider Bruce Labovitz report on Form 4?

He reported the sale of 10,000 shares of Bowman Consulting Group Ltd. common stock on 09/23/2025 at $43.30 per share.

How many shares does Bruce Labovitz own after the reported transaction?

The Form 4 reports he beneficially owned 395,560 shares following the sale.

Was the sale part of a scheduled trading plan for BWMN insiders?

Yes. The sale reflects shares sold under a Rule 10b5-1 trading plan adopted on June 10, 2025.

How many shares are authorized to be sold under the disclosed plan?

The plan provides for the sale of up to 20,000 shares from September 2025 through October 2025.

When was the Form 4 signed and by whom?

The Form 4 was signed on behalf of Bruce Labovitz by Robert Hickey with power of attorney on 09/25/2025.
Bowman Consulting Group Ltd.

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Engineering & Construction
Services-management Consulting Services
Link
United States
RESTON