Form 4: BrightView Holdings Executive Brian Jackson Reports Stock Transactions

Brian Jackson, Chief Accounting Officer at BrightView Holdings, reported the vesting of restricted stock units and subsequent tax withholding on November 19, 2024.

Summary

• Brian Jackson, Chief Accounting Officer of BrightView Holdings, reported transactions involving the company's stock on November 19, 2024.
• 726 restricted stock units vested and converted into common stock.
• 208 shares were withheld to cover tax liabilities related to the vesting of the restricted stock units at a price of $15.8 per share.
• Following these transactions, Jackson directly owns 17,775 shares of BrightView Holdings common stock.

Sentiment

Score: 7

Explanation: The document reflects routine executive compensation transactions, which are neither positive nor negative for the company's overall performance. The sentiment is neutral to slightly positive as it indicates the executive is receiving their compensation.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It reflects the vesting of equity awards as part of the executive's compensation package.

Comparison to Industry Standards

• The vesting of restricted stock units is a common practice in executive compensation across various industries.
• Tax withholding on vesting is also a standard procedure to cover the tax liabilities associated with equity compensation.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement for company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect the vesting of previously granted equity compensation.
• The transactions do not have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

BrightView Holdings, stock transaction, restricted stock units, insider trading, Form 4, Brian Jackson, equity compensation