STOCK TITAN

Bowman Consulting CEO reports 2.05M-share stake

If the merger becomes effective under its terms, each outstanding share other than certain excluded shares will convert into a right to receive $43.00 in cash.

(Moderate)

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Bowman Consulting Group Ltd. (BWMN) is the subject of an amended ownership report by its Chief Executive Officer, Gary Bowman, and Bowman Family Asset Management, LLC (BFAM). The reporting persons stated aggregate beneficial ownership of 12.4%, based on 16,591,912 common shares outstanding as of October 1, 2026. Gary Bowman reported 2,051,683 shares beneficially owned, and BFAM reported 1,270,735; Bowman disclaimed beneficial ownership of BFAM-held shares except to the extent of any pecuniary interest.

On September 15, 2026, Gary Bowman and BFAM gave 87,000 and 58,000 shares, respectively, as bona fide gifts to a charitable donor-advised fund, for no consideration. On September 23, they sold 37,500 and 22,500 shares, respectively, at $42.553 per share under a Rule 10b5-1 trading plan adopted June 6, 2025; that plan terminated September 25, 2026. Separately, under the merger agreement, subject to its terms and conditions, Merger Sub will merge into the company, which will survive as a wholly owned subsidiary of Prive Parent, Inc. At the merger’s effective time, each outstanding share other than certain excluded shares will convert into the right to receive $43.00 in cash, without interest and subject to applicable withholding taxes. Gary Bowman and BFAM also agreed, subject to the support agreement’s terms, to vote their shares in favor of the merger agreement and against certain competing transactions.

Filing Explained

The March 2026 plan contemplated sales of up to $100,000 shares held by Gary Bowman and $60,000 held by BFAM, plus a gift of up to $50,000 Bowman shares, with transactions scheduled to begin in October. It was terminated on September 15 before any transactions, so none of those proposed sales or the gift occurred.

Gary Bowman reported beneficial ownership 2,051,683 shares As reported in the amended ownership statement
BFAM reported beneficial ownership 1,270,735 shares As reported in the amended ownership statement
Reporting persons’ aggregate beneficial ownership 12.4% Based on 16,591,912 common shares outstanding as of October 1, 2026
Common shares outstanding 16,591,912 shares As of October 1, 2026
Shares given as gifts Gary Bowman: 87,000 shares; BFAM: 58,000 shares September 15, 2026; for no consideration
Shares sold Gary Bowman: 37,500 shares; BFAM: 22,500 shares September 23, 2026
Sale price per share $42.553 September 23, 2026 sales
Merger cash consideration $43.00 per share At the merger’s effective time, subject to the merger agreement’s terms and conditions
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
beneficial ownership regulatory
"aggregate percentage beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
donor-advised fund financial
"as a bona fide gift to a charitable donor-advised fund"
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
Voting and Support Agreement regulatory
"entered into a Voting and Support Agreement with Parent"
A voting and support agreement is a contract in which certain shareholders promise to vote their shares a specific way and back particular corporate actions, such as a sale, merger, or management proposal. It matters to investors because it creates predictability about the outcome of important votes—similar to a small group agreeing in advance to vote the same way—so it can lock in control, affect deal certainty and influence a stock’s market reaction.
appraisal rights regulatory
"contains certain waivers of appraisal rights"
A legal right that lets shareholders who dislike the price or terms of a buyout, merger or other major corporate change ask for an independent determination of the fair value of their shares instead of accepting the deal price. Think of it like asking a neutral referee to set the payout if you believe the offered price is too low. For investors, appraisal rights can provide a way to recover a higher cash value but can be slow, costly and create uncertainty around deal outcomes.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BWMN shares did Gary Bowman and BFAM sell?

On September 23, 2026, Gary Bowman sold 37,500 shares and BFAM sold 22,500 shares, at $42.553 per share. The sales were made under a Rule 10b5-1 trading plan adopted June 6, 2025.

What cash consideration does the BWMN merger agreement provide?

At the merger’s effective time, each outstanding share other than certain excluded shares will convert into the right to receive $43.00 in cash, without interest and subject to applicable withholding taxes. The merger is subject to the agreement’s terms and conditions.

How many shares were sold under Gary Bowman and BFAM’s June 2025 trading plan?

Under the June 2025 Trading Plan, 112,500 shares held by Gary Bowman and 67,500 shares held by BFAM were sold between September 2025 and September 2026. The plan terminated in accordance with its terms on September 25, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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103002101

(CUSIP Number)
Carter Brod
101 Park Avenue,
New York, NY, 10178
212-309-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/15/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Bowman Gary
Signature:/s/ Gary Bowman
Name/Title:Gary Bowman
Date:10/22/2026
Bowman Family Asset Management, LLC
Signature:/s/ Gary Bowman
Name/Title:Gary Bowman / Manager
Date:10/22/2026

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