Form 4: Brookdale Senior Living Inc.: Division Vice President Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Benjamin J. Ricci, Division Vice President of Brookdale Senior Living Inc., reports share withholding to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 27, 2024, Benjamin J. Ricci, a Division Vice President at Brookdale Senior Living Inc., had 12,792 shares of common stock withheld to satisfy tax obligations.
- The withholding occurred at a price of $5.91 per share.
- Following the transaction, Ricci beneficially owns 150,082 shares of Brookdale Senior Living Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to routine tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a strategic shift or material event for Brookdale Senior Living within the broader senior living industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to an individual executive's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of share withholding transaction. |
| 02/28/2024 | Date of signature on the report. |
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