Form 4: BrightView Exec Converts RSUs, Covers Taxes
Insider Transaction Report
BrightView Holdings EVP Jonathan Gottsegen converted restricted stock units into common stock and sold a portion to cover tax obligations.
Summary
- Jonathan Mark Gottsegen, EVP, CLO & Corporate Secretary of BrightView Holdings, Inc. (BV), reported transactions involving company common stock.
- On September 29, 2025, 44,303 restricted stock units (RSUs) vested and converted into an equal number of common shares.
- Following this conversion, Gottsegen's beneficial ownership initially increased to 154,047 shares.
- Concurrently, 15,974 shares of common stock were disposed of at a price of $13.22 per share to satisfy tax liabilities associated with the RSU vesting.
- After the tax-related disposition, Gottsegen's direct beneficial ownership stands at 138,073 shares.
- The reported beneficial ownership includes shares acquired under the Issuer's employee stock purchase plan and unvested restricted stock, but excludes unvested performance shares.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares to cover tax liabilities, which is a standard compensation event and does not inherently indicate positive or negative company performance or outlook.
Positives
- The vesting of 44,303 restricted stock units indicates the executive's continued compensation and alignment with shareholder interests through equity.
Negatives
- The disposition of 15,974 shares, even for tax purposes, represents a reduction in the executive's direct equity holdings in the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine compensation event for an executive, not indicative of broader company performance or strategic shifts.
- Employees: No direct impact mentioned beyond the executive's compensation.
Key Dates
| Date | Description |
|---|---|
| 09/29/2025 | Date of RSU vesting, conversion to common stock, and tax-related disposition of shares. |
| 10/01/2025 | Signature date of the reporting person on the Form 4 filing. |
Keywords
BrightView Holdings, BV, Form 4, Insider Transaction, Restricted Stock Units, Executive Compensation, Stock Vesting, Tax Withholding
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