Form 4: Lucinda M. Baier, Former Brookdale Senior Living Officer and Director, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Lucinda M. Baier, a former officer and director of Brookdale Senior Living Inc., reports the disposition of shares to cover tax obligations and the disposal of shares.
Summary
- Lucinda M. Baier, a former officer and director of Brookdale Senior Living Inc. (BKD), filed a Form 4 detailing changes in her beneficial ownership.
- On April 13, 2025, she disposed of 241,971 shares of common stock at a price of $5.75 to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Additionally, she disposed of 658,228 shares of common stock at $0.
- Following these transactions, Baier directly owns 2,334,610 shares of Brookdale Senior Living Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for insiders of publicly traded companies to report changes in their ownership positions. This filing provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/13/2025 | Date of the transactions: disposal of shares for tax obligations and disposal of shares. |
| 04/15/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Brookdale Senior Living, BKD, Lucinda M. Baier, Share Disposal, Tax Withholding
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