Form 4: Brookdale Senior Living Executive Ray Leisure Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Ray Leisure, a Division Vice President at Brookdale Senior Living, reported the withholding of 6,858 common stock shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- Ray Leisure, a Division Vice President at Brookdale Senior Living Inc., filed a Form 4 on March 3, 2025, reporting a transaction that occurred on February 27, 2025.
- The transaction involved the withholding of 6,858 shares of common stock to satisfy tax obligations related to the vesting of restricted stock units.
- The shares were withheld at a price of $5.86 per share.
- Following the transaction, Leisure directly owns 83,800 shares of Brookdale Senior Living Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider transactions, allowing investors to monitor the buying and selling activities of company executives and directors.
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 the transaction (share withholding). |
| 03/03/2025 | Date the Form 4 was signed. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.