Form 4: BrightSphere Investment Group Director Barbara Trebbi Reports Stock Transactions
SEC Form 4
Director Barbara Trebbi reports the vesting and acquisition of restricted stock units in BrightSphere Investment Group Inc.
Summary
- On June 6, 2024, Director Barbara Trebbi vested 4,379 restricted stock units (RSUs) which converted into common stock.
- Also on June 6, 2024, Ms. Trebbi disposed of 4,379 common stock.
- On June 7, 2024, Ms. Trebbi was granted 4,437 restricted stock units vesting upon the earlier of June 7, 2025, and the date of the 2025 annual meeting of stockholders.
- Following these transactions, Ms. Trebbi directly owns 4,437 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to director compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard equity compensation practices for board members.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to director compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 06/08/2023 | Reporting person was granted 4,379 restricted stock units vesting upon the earlier of June 8, 2024 and the date of the 2024 annual meeting of stockholders. |
| 06/06/2024 | Vesting of 4,379 restricted stock units and disposal of 4,379 common stock. |
| 06/06/2024 | Date of the 2024 annual meeting of stockholders of BrightSphere Investment Group Inc. |
| 06/07/2024 | Grant of 4,437 restricted stock units vesting upon the earlier of June 7, 2025 and the date of the 2025 annual meeting of stockholders. |
| 06/10/2024 | Date of signature on the Form 4 filing. |
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