Form 4: BrightView Holdings Director Cornog Acquires Shares as Part of Compensation
SEC Form 4 Filing
Director William L. Cornog acquired 1,328 shares of BrightView Holdings common stock as part of director compensation in lieu of cash on December 31, 2024.
Summary
- On December 31, 2024, William L. Cornog, a director of BrightView Holdings, Inc., acquired 1,328 shares of common stock at a price of $15.99 per share.
- This acquisition was part of director compensation in lieu of cash.
- Following the transaction, Cornog directly owns 46,127 shares of BrightView Holdings.
- Cornog also indirectly owns 20,000 shares as trustee of trusts for his children and 10,000 shares as manager of a family limited partnership.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity related to compensation.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
This is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to insider buying.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: William L. Cornog acquired shares of BrightView Holdings common stock. |
| 01/02/2025 | Date of signature on the Form 4 filing. |
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