Form 4: Bright Horizons Director David Lissy Acquires Additional Common Stock Through Restricted Stock Units

Bright Horizons Family Solutions Inc. Director David H. Lissy has increased his direct beneficial ownership of company common stock by 976 shares through the acquisition of restricted stock units.

Summary

• David H. Lissy, a Director of Bright Horizons Family Solutions Inc. (BFAM), acquired 976 shares of common stock.
• The acquisition occurred on June 3, 2025, and was made through restricted stock units (RSUs).
• Each restricted stock unit is fully vested and represents the right to receive one share of common stock.
• The shares are to be received upon the earliest of the 5th anniversary of the grant, termination of service, or a change in control of the Company.
• Following this transaction, David H. Lissy directly beneficially owns 70,288 shares of common stock.
• Additionally, he indirectly beneficially owns 10,401 shares through the David H. Lissy 2013 Trust, 21,987 shares through the David Lissy 2024 BFAM GRAT Trust, and a total of 122,948 shares through three separate irrevocable trusts (40,983, 40,983, and 40,982 shares respectively).

Sentiment

Score: 7

Explanation: The acquisition of shares by a director is a positive indicator of insider confidence, though the amount is relatively small compared to total holdings. It does not provide comprehensive financial or operational updates.

Positives

• The acquisition of 976 shares by a director indicates continued confidence in the company's future prospects by an insider.
• The shares were acquired as restricted stock units, which are typically part of compensation and align management's interests with shareholder value over the long term.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual director's equity compensation and ownership changes within the childcare and early education services sector.

Related Party Transactions

• The acquisition of common stock by David H. Lissy, a director of Bright Horizons Family Solutions Inc., constitutes a related party transaction as it involves an insider of the company.

Stakeholder Impact

• Shareholders may view the director's acquisition of additional shares as a positive sign, potentially reinforcing confidence in the company's stock performance and long-term strategy.

Key Dates

Recommendation

Keywords

Bright Horizons Family Solutions, BFAM, SEC Form 4, insider transaction, stock acquisition, restricted stock units, director ownership, common stock