Bowman Consulting CEO shares canceled for $43 each
Each eligible common share was canceled for the right to receive $43.00 in cash, without interest and subject to applicable tax withholding.
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. CEO Gary Bowman reported acquiring 161,537 shares on November 6, 2026, when his performance-based restricted stock units vested without regard to performance levels. He also reported dispositions of 942,485 direct shares tied to restricted stock awards. A further 1,272,838 shares held by Bowman Family Asset Management, LLC, which he manages and over which he shares voting and dispositive power, were disposed. Under the merger terms, the shares covered by these transactions were canceled for the right to receive $43.00 in cash per share, without interest and subject to applicable tax withholding.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bowman Gary
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 161,537 | -- | -- |
| Disposition | Common Stock F1, F2, F3 | 942,485 | -- | -- |
| Disposition | Common Stock F1, F4 | 1,272,838 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 0 shares (Indirect, Family LLC)
Holdings Before and After:
Common Stock, 780,948 to 0 shares (Direct);
Common Stock, 1,272,838 to 0 shares (Indirect, Family LLC)
Footnotes (4)
- 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 [_], 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 performance-based restricted stock unit (each, a "PRSU") granted to the Reporting Person became fully vested with respect to that number of Shares awarded and not the achievement of performance levels, and each such PRSU was automatically canceled and converted into the right to receive the Merger Consideration with respect to each Share underlying such PRSU
- F3. 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.
- F4. Refers to Shares held by Bowman Family Asset Management, LLC, an estate planning vehicle established to manage the investments of Mr. Bowman and his family, of which Mr. Bowman is the manager. The Reporting Person has shared voting and dispositive power over the 1,272,838 Shares held by Bowman Family Asset Management, LLC.
Key Figures
Shares acquired through vested PRSUs: 161,537 shares
Direct shares disposed: 942,485 shares
Shares held by Bowman Family Asset Management, LLC disposed: 1,272,838 shares
+2 more
5 metrics
Shares acquired through vested PRSUs
161,537 shares
November 6, 2026
Direct shares disposed
942,485 shares
Shares tied to restricted stock awards; November 6, 2026
Shares held by Bowman Family Asset Management, LLC disposed
1,272,838 shares
November 6, 2026
Merger consideration
$43.00 per share
Cash, without interest and subject to applicable tax withholding
Bowman Family Asset Management, LLC shares following transaction
0 shares
Reported post-transaction holding
Key Terms
performance-based restricted stock unit, PRSU, restricted stock award, Merger Consideration
4 terms
performance-based restricted stock unit financial
"each outstanding Company performance-based restricted stock unit"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
PRSU financial
"each, a PRSU"
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.
Merger Consideration financial
"the Merger Consideration"
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.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.
