Form 4: BrightSpring Health Services Executive James F. Mattingly Jr. Reports Stock Transaction
SEC Form 4 Filing
James F. Mattingly Jr., Executive Vice President and CFO of BrightSpring Health Services, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On January 25, 2025, James F. Mattingly Jr., Executive Vice President and CFO of BrightSpring Health Services, reported a transaction involving the company's common stock.
- A total of 12,115 shares were withheld by the issuer to satisfy withholding taxes due in connection with the vesting of 25,721 restricted stock units (RSUs) at a price of $22.82 per share.
- Following the transaction, Mattingly directly owns 122,665 shares, which includes 51,443 shares underlying RSUs that will vest in two equal annual installments starting January 25, 2026.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing a routine stock transaction related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The document indicates that 51,443 shares of the Issuer's common stock underlying RSUs will vest in two equal annual installments commencing on January 25, 2026.
Industry Context
Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a standard practice.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Closing stock price used for net settlement of RSUs. |
| 01/25/2025 | Date of stock transaction (share withholding for tax obligations). |
| 01/25/2026 | Commencement date for vesting of RSUs in two equal annual installments. |
| 01/28/2025 | Date of signature for the Form 4 filing. |
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