Form 4: Bread Financial Holdings EVP Perry Beberman Disposes of Shares to Cover Tax Obligations

Perry Beberman, EVP and Chief Financial Officer of Bread Financial Holdings, disposed of 2,384 shares of common stock on March 25, 2024, to satisfy tax withholding obligations upon the vesting of restricted stock units.

Summary

• On March 25, 2024, Perry S Beberman, the EVP and Chief Financial Officer of Bread Financial Holdings, disposed of 2,384 shares of common stock.
• The transaction was executed to cover the reporting person's tax withholding obligation upon the vesting of restricted stock units.
• The price per share was $35.61.
• Following the transaction, Beberman beneficially owns 123,827 shares of Bread Financial Holdings.
• These holdings include unrestricted shares and various unvested time-based and performance-based restricted stock units granted on different dates.

Sentiment

Score: 5

Explanation: This is a neutral event. It reflects a standard transaction for tax purposes and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to vested equity.

Key Dates