BrightView (BV) director gains new RSUs as earlier award converts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightView Holdings director Jane L. Okun reported equity awards and conversions related to her board compensation. On March 4, 2026, she received a grant of 11,833 restricted stock units (RSUs) at no cost, each representing a contingent right to one share of BrightView common stock. These RSUs vest 100% on the earlier of the business day immediately before BrightView’s next annual stockholder meeting or a change of control. On March 2, 2026, a prior award of 10,894 time-based RSUs, originally issued on March 5, 2025, fully vested and was exercised, converting into 10,894 shares of common stock. After this conversion, she directly held 131,711 shares of BrightView common stock, along with the new unvested RSU grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,894 shares exercised/converted
Mixed
3 txns
Insider
Bomba Jane L Okun
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,833 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,894 | $0.00 | -- |
| Exercise | Common Stock | 10,894 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,833 shares (Direct);
Common Stock — 131,711 shares (Direct)
Footnotes (1)
- Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units will be settled in either common stock or cash (or a combination thereof). On March 5, 2025, the Reporting Person was issued 10,894 time-based restricted stock units as director compensation that vested on March 2, 2026. Represents a grant of time-based restricted stock units issued as director compensation that vests 100% on the earlier of the business day immediately preceding the Issuer's next annual meeting of stockholders or a change of control of the Issuer.
FAQ
What insider transactions did BrightView (BV) director Jane L. Okun report?
Jane L. Okun reported a new grant of 11,833 restricted stock units and the vesting and conversion of 10,894 previously granted RSUs into common stock. Both transactions reflect director compensation awards, not open-market purchases or sales, and were settled at no cash cost per share.
How many restricted stock units were newly granted to the BrightView (BV) director?
She received 11,833 restricted stock units as a time-based director compensation grant. Each unit represents a contingent right to one share of BrightView common stock. The units will be settled in either common stock or cash, or a combination, when the vesting conditions are met.
What happened to the 10,894 BrightView (BV) restricted stock units granted in 2025?
The 10,894 restricted stock units issued on March 5, 2025 vested on March 2, 2026 and were exercised. Upon vesting, they converted on a one-for-one basis into 10,894 shares of BrightView common stock, increasing the director’s direct share ownership without any stated cash exercise price.
What are the vesting terms for Jane L. Okun’s new BrightView (BV) RSU grant?
The new time-based restricted stock units vest 100% on the earlier of the business day immediately before BrightView’s next annual stockholder meeting or a change of control. This structure ties the director’s compensation to continued service and key corporate events affecting shareholders.
How will the BrightView (BV) restricted stock units be settled when they vest?
Each restricted stock unit represents a contingent right to receive one share of BrightView common stock. Upon vesting, the RSUs will be settled in either common stock, cash, or a combination, according to the company’s equity plan and award terms described in the disclosure.