Form 4: Brookdale Senior Living EVP Jaclyn C. Pritchett Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Jaclyn C. Pritchett, EVP of Human Resources at Brookdale Senior Living, reports the withholding of 1,911 common stock shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 1, 2024, Jaclyn C. Pritchett, EVP of Human Resources at Brookdale Senior Living Inc., had 1,911 shares of common stock withheld to cover tax obligations.
- The shares were withheld at a price of $5.57 per share.
- Following the transaction, Pritchett directly owns 110,868 shares of Brookdale Senior Living Inc.
- The transaction was reported on March 4, 2024.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of share withholding transaction. |
| 03/04/2024 | Date of Form 4 filing. |
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