Form 4: BrightView CEO Asplund Reports Stock Transactions

BrightView Holdings CEO Dale A. Asplund reported the vesting of restricted stock units, subsequent acquisition of common stock, and tax-related share disposition, alongside a new RSU grant.

Summary

• Dale A. Asplund, President and CEO of BrightView Holdings, Inc. (BV), reported transactions involving the company's common stock and restricted stock units (RSUs).
• On December 2, 2025, 28,851 restricted stock units vested and converted into shares of BrightView common stock on a one-for-one basis.
• Following the vesting, 11,353 shares of common stock were disposed of at a price of $12.78 per share to satisfy tax withholding obligations.
• As of December 2, 2025, Asplund's direct beneficial ownership of common stock is 1,052,610 shares, which includes shares acquired under the Issuer's employee stock purchase plan and unvested restricted stock.
• On December 1, 2025, Asplund was granted 94,044 new time-based restricted stock units, which will vest in four equal annual installments beginning on December 1, 2026.
• As of December 2, 2025, Asplund directly beneficially owns 86,556 restricted stock units, after accounting for the conversion of 28,851 units.

Sentiment

Score: 7

Explanation: The filing reflects routine executive compensation activities, including the vesting of previously granted restricted stock units and a new grant of long-term equity incentives, which generally aligns management interests with shareholder value. The disposition of shares for tax purposes is a standard practice.

Positives

• The grant of 94,044 new restricted stock units indicates continued long-term incentive for the CEO, aligning management's interests with shareholder value.
• The vesting of 28,851 restricted stock units demonstrates the realization of previously granted equity compensation, reflecting a component of the CEO's compensation package.

Negatives

• The disposition of 11,353 shares of common stock to cover tax liabilities reduces the CEO's direct common stock holdings, although this is a standard practice for equity compensation.

Future Outlook

The grant of new restricted stock units on December 1, 2025, indicates a future vesting schedule, with the first installment set to vest on December 1, 2026, aligning executive compensation with long-term company performance.

Industry Context

NA

Stakeholder Impact

• Shareholders: The equity grants to the CEO reinforce alignment between executive compensation and the company's long-term performance, potentially benefiting shareholder value.
• Management: The CEO's compensation package continues to include significant equity components, incentivizing sustained performance and commitment to the company.

Next Steps

• The first installment of the 94,044 restricted stock units granted on December 1, 2025, is scheduled to vest on December 1, 2026.
• Subsequent annual installments for the 94,044 restricted stock units will vest over the following three years.
• Remaining installments for the grant from which the 28,851 restricted stock units vested will continue to vest over their original four-year schedule.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation, including the vesting of restricted stock units, tax-related share dispositions, and a new equity grant. It does not provide new fundamental information about the company's operational performance or strategic direction that would warrant a change in investment recommendation. The transactions are standard for executive incentive plans.

Keywords

BrightView Holdings, BV, SEC Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, CEO Compensation, Equity Grant, Dale A. Asplund