Bowman Consulting director's 7,428 shares canceled
The merger canceled the shares for cash consideration, and the reported direct position afterward was zero.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Bowman Consulting Group Ltd. director Virginia Lee Grebbien disposed of 7,428 common shares on November 6, 2026, in the merger. Each share was canceled for the right to receive $43.00 in cash, without interest and subject to applicable tax withholding. Her reported direct holdings after the transaction were 0 shares.
Insider Trade Summary
Disposition: 7,428 shares
Disposition
1 txn
Insider
Grebbien Virginia Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 7,428 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Holdings Before and After:
Common Stock, 7,428 to 0 shares (Direct)
Footnotes (2)
- F1. Pursuant to the Agreement and Plan of Merger, dated as of August 10, 2026 (the "Merger Agreement"), by and among Bowman Consulting Group Ltd. (the "Company"), Prive Parent, Inc. ("Parent"), and Prive Merger Sub, Inc. ("Merger Sub"), a wholly owned subsidiary of Parent, on November 6, 2026, Merger Sub merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation, and each share of Company common stock, par value $0.01 per share (each, a "Share"), outstanding immediately prior to the effective time of the Merger (the "Effective Time") (other than certain excluded Shares) was automatically canceled and converted into the right to receive $43.00 in cash, without interest and subject to any applicable tax withholding (the "Merger Consideration").
- F2. Immediately prior to the Effective Time, each outstanding Company restricted stock award (each, an "RSA") granted to the Reporting Person became fully vested and free of restrictions and were subsequently canceled and converted, in accordance with the terms of the Merger Agreement, into the right to receive, in respect of each Share subject to such RSA, the Merger Consideration in cash, without interest.
Key Figures
Common shares disposed: 7,428 shares
Merger consideration: $43.00 per share
Direct shares following transaction: 0 shares
3 metrics
Common shares disposed
7,428 shares
November 6, 2026 merger transaction
Merger consideration
$43.00 per share
Cash, without interest and subject to applicable tax withholding
Direct shares following transaction
0 shares
Reported holdings after the transaction
Key Terms
Merger Consideration, restricted stock award, Effective Time
3 terms
Merger Consideration financial
"the "Merger Consideration" in cash"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
restricted stock award financial
"each outstanding Company restricted stock award"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Effective Time technical
"immediately prior to the Effective Time"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What happened to Virginia Lee Grebbien’s restricted stock award in the BWMN merger?
Immediately before the merger’s effective time, Grebbien’s outstanding restricted stock award became fully vested and free of restrictions, then was canceled and converted into the right to receive $43.00 in cash per share, without interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
