Form 4: Brookdale Senior Living EVP Chad C. White Reports Tax-Related Share Disposal
SEC Form 4 Filing
Chad C. White, EVP, General Counsel & Secretary of Brookdale Senior Living Inc., reports disposing of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 27, 2024, Chad C. White, EVP, General Counsel & Secretary of Brookdale Senior Living Inc., disposed of 17,805 shares of common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $5.91 per share.
- Following the transaction, White directly owns 470,417 shares of Brookdale Senior Living Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 02/29/2024 | Date of signature for the Form 4 filing. |
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