Form 4: BrightView Executive Boosts Stake Through RSU Vesting

BrightView Holdings, Inc.'s EVP, CLO & Corporate Secretary, Jonathan Mark Gottsegen, increased his direct beneficial ownership of common stock through restricted stock unit vestings and tax-related dispositions.

Summary

• Jonathan Mark Gottsegen, EVP, CLO & Corporate Secretary of BrightView Holdings, Inc. (BV), reported changes in his beneficial ownership of common stock.
• On November 17, 2025, 12,951 shares of common stock were acquired upon the vesting of restricted stock units (RSUs). Concurrently, 6,612 shares were disposed of at $11.82 to cover related tax liabilities.
• On November 18, 2025, a total of 18,667 shares (6,201 + 12,466) were acquired upon the vesting of time-based RSUs.
• Also on November 18, 2025, 49,866 shares of common stock were acquired upon the settlement of performance-based restricted stock unit awards at a price of $0.00.
• On the same day, a total of 34,987 shares (3,166 + 6,364 + 25,457) were disposed of at $11.89 to cover tax liabilities related to the vested RSUs and performance stock units.
• Following these transactions, Mr. Gottsegen's direct beneficial ownership of common stock increased to 177,958 shares.

Sentiment

Score: 7

Explanation: The EVP, CLO & Corporate Secretary increased his direct beneficial ownership of company common stock through the vesting and settlement of restricted stock units, including performance-based awards, indicating the achievement of performance criteria and continued alignment with shareholder interests. While shares were sold to cover tax liabilities, the net effect is an increase in his stake.

Positives

• The EVP, CLO & Corporate Secretary, Jonathan Mark Gottsegen, increased his direct beneficial ownership of BrightView Holdings, Inc. common stock to 177,958 shares, demonstrating continued alignment with shareholder interests.
• The acquisition of 49,866 shares upon settlement of performance-based restricted stock unit awards indicates the achievement of certain performance criteria.

Negatives

• A total of 41,599 shares (6,612 at $11.82 and 34,987 at $11.89) were disposed of to cover tax liabilities associated with the vesting of restricted stock units and performance stock units, which is a common practice but represents a sale of company stock.

Stakeholder Impact

• Shareholders may view the increased insider ownership positively, as it suggests management's confidence in the company's future and aligns their interests with those of other investors.

Next Steps

• Remaining installments of time-based restricted stock units granted on November 17, 2024, are expected to vest in three equal annual installments after November 17, 2025.
• Remaining installments of time-based restricted stock units granted on November 18, 2023, are expected to vest in two equal annual installments after November 18, 2025.

Key Dates

Recommendation

The filing indicates an executive's increased direct beneficial ownership through the vesting of restricted stock units, which is generally a positive signal of management's alignment with shareholder interests. However, this is a routine compensation-related transaction and not a discretionary open-market purchase, thus it primarily reinforces a 'hold' stance rather than prompting a 'buy' or 'sell' recommendation without further fundamental analysis.

Keywords

BrightView Holdings, BV, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Jonathan Gottsegen, Common Stock, Beneficial Ownership