BOLAND ELIZABETH J 4
4 · BRIGHT HORIZONS FAMILY SOLUTIONS INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Bright Horizons (BFAM) CFO Elizabeth Boland Receives Award, Withholds Shares
What Happened Elizabeth J. Boland, CFO of Bright Horizons Family Solutions (BFAM), was credited with 3,847 shares upon the vesting/settlement of performance-based restricted stock units (PRSUs) on 2026-02-24 (reported as an acquisition at $0.00). To satisfy tax withholding obligations, 1,283 and 2,422 of those shares were withheld (disposed) at a reported price of $71.64 per share, generating withholding proceeds of $91,914 and $173,512, respectively (total withheld value $265,426).
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely).
- Award: 3,847 PRSUs vested/settled (recorded as acquisition, code A, $0.00).
- Withholding: 1,283 shares and 2,422 shares withheld to satisfy tax obligations (code F) at $71.64 per share.
- Total shares withheld for taxes: 3,705 shares; total withholding value reported: $265,426.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: PRSU vesting was performance-based for the period Jan 1, 2023–Dec 31, 2025 (F1). The disposals reflect shares withheld for tax withholding on PRSUs and RSUs (F2, F3).
Context This filing records a routine equity vesting event and tax-withholding disposition rather than an open-market sale or discretionary purchase. PRSUs are performance-contingent awards that convert to shares upon achievement of specified metrics; withheld shares are a common cashless method to satisfy tax obligations and do not necessarily signal buying or selling intent by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-24+3,847→ 84,009 total - Tax Payment
Common Stock
[F2]2026-02-24$71.64/sh−1,283$91,914→ 82,726 total - Tax Payment
Common Stock
[F3]2026-02-24$71.64/sh−2,422$173,512→ 80,304 total
Footnotes (3)
- [F1]Represents the acquisition of shares of the Registrant's common stock upon the vesting of performance-based restricted stock units (PRSUs). The number of PRSUs was based on the Registrant's level of achievement of certain financial performance metrics for the performance period, which commenced on January 1, 2023 and ended on December 31, 2025. Each PRSU represents a contingent right to receive one share of Registrant common stock upon vesting and settlement.
- [F2]Represents shares withheld to satisfy tax withholding obligations arising as a result of the vesting and settlement of the PRSUs described in footnote 1.
- [F3]Represents shares withheld to satisfy tax withholding obligation arising upon the vesting of restricted stock units (RSU). Each RSU represents a right to receive one share of Registrant common stock upon vesting.