Brookdale (NYSE: BKD) EVP gifts shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brookdale Senior Living Inc. executive Chad C. White reported two stock dispositions involving company common shares. On February 27, shares were withheld to cover tax obligations tied to previously granted restricted stock units that vested, with 44,174 shares surrendered at $15.30 per share. On March 2, he made a bona fide gift transfer of 27,300 shares for charitable donation at no price. After these transactions, he continued to hold hundreds of thousands of shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,300 shares gifted
Mixed
2 txns
Insider
White Chad C.
Role
EVP, General Counsel & Sec'y
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 27,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 44,174 | $15.30 | $676K |
Holdings After Transaction:
Common Stock — 562,560 shares (Direct)
Footnotes (1)
- Represents share withholding to satisfy tax withholding obligations due upon the vesting of restricted stock units previously granted to the reporting person. For charitable donation.
FAQ
What insider transactions did Brookdale (BKD) executive Chad C. White report?
Chad C. White reported two stock dispositions in Brookdale (BKD) common shares: a tax-related share withholding tied to vesting restricted stock units and a separate bona fide gift transfer of shares for charitable donation, both involving directly held common stock.
Were Chad C. White’s Brookdale (BKD) transactions open-market sales?
The reported Brookdale (BKD) transactions were not open-market sales. One was share withholding to cover tax obligations on vested restricted stock units, and the other was a bona fide gift transfer designated for charitable donation, both disclosed at non-market terms.
What is Chad C. White’s role at Brookdale (BKD) in this Form 4?
In this Form 4, Chad C. White is identified as an officer of Brookdale (BKD), serving as Executive Vice President, General Counsel and Secretary, and the reported transactions involve his directly owned common stock in the company.