Director Cornog boosts BrightView (BV) stake via RSU grant and vesting
Rhea-AI Filing Summary
BrightView Holdings director William L. Cornog reported equity award activity and holdings. He received a grant of 11,833 restricted stock units as director compensation on March 4, 2026. Each unit represents a contingent right to receive one share of BrightView common stock and will be settled in stock, cash, or a combination of both.
On March 2, 2026, 10,894 previously issued time-based restricted stock units vested and were exercised, converting into 10,894 shares of common stock at $0.00 per share. Following this, he held 77,425 shares of common stock directly. He also reported indirect ownership of 30,000 shares held through trusts for his children, 20,000 shares held through a family limited partnership, and 5,000 shares held as trustee of a living trust, and he disclaimed beneficial ownership of the children’s trust securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects restricted stock units that upon vesting converted into shares of Issuer common stock on a one-for-one basis. These shares are held through two separate trusts. Each trust benefits a child of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, 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.
