Form 4: Brookdale Senior Living Executive Benjamin J. Ricci Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Division Vice President Benjamin J. Ricci of Brookdale Senior Living Inc. reports share withholding to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 27, 2025, Benjamin J. Ricci, a Division Vice President at Brookdale Senior Living Inc., had 13,178 shares of common stock withheld to satisfy tax obligations.
- The withholding occurred due to the vesting of previously granted restricted stock units.
- Following the transaction, Ricci directly owns 179,153 shares of Brookdale Senior Living Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding share withholding for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of share withholding transaction. |
| 03/03/2025 | Date of signature on the report. |
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