Form 4: Thryv Holdings Officer Acquires 22,884 Shares
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
| Date | Description |
|---|---|
| 01/05/2023 | Date performance stock units were granted. |
| 02/18/2026 | Date performance criteria for the stock units were certified. |
| 02/27/2026 | Transaction date for the acquisition of common stock. |
| 03/03/2026 | Date 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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