Form 4: BrightView Holdings Director Cornog Acquires Shares as Part of Compensation

Sentiment:

SEC Form 4 Filing


Director William L. Cornog acquired 1,654 shares of BrightView Holdings, Inc. common stock as part of director compensation.

Summary

  • On March 31, 2025, William L. Cornog, a director of BrightView Holdings, Inc., acquired 1,654 shares of common stock.
  • The acquisition was part of director compensation in lieu of cash, with the shares acquired at a price of $12.84 per share.
  • Following the transaction, Cornog directly owns 61,593 shares of BrightView Holdings, Inc.
  • Cornog also indirectly owns 20,000 shares as trustee of trusts for children and 20,000 shares as manager of a family limited partnership.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of shares as part of their compensation. It doesn't contain any particularly positive or negative information.

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 a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares as part of their compensation, which is a common practice.

Stakeholder Impact

  • The acquisition of shares by a director may have a slightly positive impact on shareholder confidence.

Key Dates

DateDescription
03/31/2025Date of transaction: William L. Cornog acquired shares of BrightView Holdings, Inc. common stock.
04/01/2025Date of signature for the Form 4 filing.

Keywords

BrightView Holdings, Director Compensation, Form 4, Share Acquisition, Cornog, BV

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