Form 4: Brookdale Senior Living EVP & Treasurer George T. Hicks Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
George T. Hicks, EVP & Treasurer of Brookdale Senior Living Inc., reports share withholding to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 27, 2025, George T. Hicks, EVP & Treasurer of Brookdale Senior Living Inc., had 15,130 shares of common stock withheld to satisfy tax obligations.
- The withholding occurred at a price of $5.86 per share.
- Following the transaction, Hicks beneficially owns 382,601 shares of Brookdale Senior Living Inc.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in company stock. This filing indicates routine tax-related share withholding.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine share withholding for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Share withholding for tax obligations. |
| 03/03/2025 | Date of signature on the report. |
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