Form 4: Thryv Holdings Officer Acquires 22,884 Shares

Sentiment:

Insider Transaction Report


Lesley Bolger, a Thryv Holdings officer, acquired 22,884 shares of common stock through performance stock unit certification.

Summary

  • Lesley Bolger, Chief Legal Officer & Human Resources and EVP, Chief Compliance Officer and Secretary of Thryv Holdings, Inc. (THRY), acquired 22,884 shares of common stock.
  • The acquisition occurred on February 27, 2026, at a price of $0 per share.
  • These shares represent performance stock units that were granted on January 5, 2023, and whose performance criteria were certified on February 18, 2026.
  • Following this transaction, Lesley Bolger beneficially owns a total of 223,973 shares of Thryv Holdings, Inc. common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, as it represents a routine compensation outcome for an executive, aligning their interests with shareholders, without indicating any unusual or concerning activity.

Positives

  • An officer's acquisition of shares, even through compensation, aligns management's interests with those of shareholders, potentially indicating confidence in the company's future performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that the acquisition of shares by an executive through the vesting of performance stock units is a routine event in executive compensation, reflecting the achievement of pre-defined performance targets. This type of transaction is common across various industries as a mechanism to incentivize long-term performance and align management interests with shareholder value.

Comparison to Industry Standards

  • This transaction is consistent with standard executive compensation practices observed in publicly traded companies, where performance-based equity awards are a common component.
  • The $0 acquisition price is typical for the vesting of restricted stock units or performance stock units, as the value is derived from the initial grant and subsequent performance achievement rather than a cash purchase.

Stakeholder Impact

  • Shareholders: The increase in an executive's beneficial ownership through performance-based compensation can be viewed positively, as it strengthens the alignment of management's financial interests with shareholder value creation.

Key Dates

DateDescription
01/05/2023Date performance stock units were granted.
02/18/2026Date performance criteria for the stock units were certified.
02/27/2026Transaction date for the acquisition of common stock.
03/03/2026Date the Form 4 filing was signed.

Keywords

Thryv Holdings, THRY, Lesley Bolger, Insider Transaction, Form 4, Stock Acquisition, Performance Stock Units, Executive Compensation

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