Form 4: BrightView Holdings Executive Exercises Stock Options and Sells Shares to Cover Taxes

Amanda Marie Orders, EVP & CHRO of BrightView Holdings, exercised stock options and sold shares to cover tax obligations on November 19, 2024.

Summary

• Amanda Marie Orders, an executive at BrightView Holdings, exercised 3,175 restricted stock units which converted into common stock on November 19, 2024.
• She then sold 1,424 shares of common stock at $15.80 per share to cover the tax liability associated with the vesting of the restricted stock units.
• Following these transactions, Ms. Orders beneficially owns 93,284 shares of BrightView Holdings common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Executive stock option exercises and subsequent sales to cover taxes are standard practice in publicly traded companies.
• The vesting schedule of the restricted stock units, with four equal annual installments, is a common vesting structure.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement for company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine executive compensation activity.

Key Dates

Keywords

stock options, restricted stock units, insider trading, executive compensation, share sale, BrightView Holdings, BV