Form 4: BrightView Holdings Director Cornog Acquires Shares as Part of Compensation
SEC Form 4 Filing
Director William L. Cornog acquired 1,350 shares of BrightView Holdings, Inc. common stock as part of director compensation.
Summary
- On September 30, 2024, William L. Cornog, a director of BrightView Holdings, Inc., acquired 1,350 shares of common stock.
- The shares were acquired as director compensation in lieu of cash at a price of $15.74 per share.
- Following the transaction, Cornog directly owns 44,799 shares of BrightView Holdings, Inc.
- 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: The sentiment is neutral as it reports a standard transaction. The director's acquisition of shares as part of compensation is a common practice.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: William L. Cornog acquired shares of BrightView Holdings, Inc. |
| 10/01/2024 | Date of signature for the Form 4 filing. |
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