Form 4: BrightView Holdings CFO Brett Urban Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Brett Nicholas Urban of BrightView Holdings, Inc. reports the vesting of restricted stock units and subsequent stock transactions on June 1, 2024.
Summary
- On June 1, 2024, Brett Nicholas Urban, CFO of BrightView Holdings, Inc., had 27,492 restricted stock units vest and convert into shares of common stock.
- Urban also disposed of 8,802 shares of common stock at a price of $13.81 to cover tax liabilities related to the vesting of the restricted stock units.
- Following these transactions, Urban beneficially owns 61,466 shares of BrightView Holdings, Inc. common stock and 27,493 restricted stock units.
- The reported transactions include shares acquired under the Issuer's employee stock purchase plan and unvested shares of restricted stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of earliest transaction: vesting of restricted stock units and stock transactions. |
| 06/01/2024 | Restricted stock units vest in two equal installments. |
| 12/01/2024 | Second installment of restricted stock units vest. |
| 06/03/2024 | Date of signature by Attorney-in-Fact. |
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