Form 4: BrightView Holdings Executive Michael Dozier Reports Stock Transactions

BrightView Holdings' EVP, Chief Commercial Officer, Michael Dozier, reported the vesting of restricted stock units and subsequent tax withholding, along with a new grant of restricted stock units.

Summary

• Michael Dozier, EVP and Chief Commercial Officer of BrightView Holdings, reported several transactions involving the company's stock.
• On December 1, 2024, 12,463 restricted stock units vested and converted into common stock.
• A total of 5,531 shares were withheld to cover tax liabilities related to the vesting.
• Following these transactions, Mr. Dozier directly owns 173,249 shares of BrightView common stock.
• On December 2, 2024, Mr. Dozier was granted 15,869 restricted stock units that will vest over four years.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies. It provides transparency into the stock transactions of company insiders.

Comparison to Industry Standards

• The vesting and granting of restricted stock units are common practices for executive compensation in publicly traded companies.
• The tax withholding process is standard procedure when restricted stock units vest.
• The reporting of these transactions via SEC Form 4 is a regulatory requirement for company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation.

Key Dates

Keywords

stock, restricted stock units, vesting, insider trading, BrightView Holdings, executive compensation, equity