Preisser Brenna 4
Research Summary
AI-generated summary
BRUNSWICK (BC) EVP Brenna Preisser Receives Award; Shares Withheld
What Happened Brenna Preisser, EVP & President of the Boat Group at Brunswick, was granted 7,540 shares on 2026-02-12 at $86.17 per share (total value $649,722). On 2026-02-13, 4,510 shares were disposed/withheld to cover tax liabilities at $87.04 per share (totaling $392,551). After the withholding, Preisser retained a net 3,030 shares from this award. This transaction is an award/grant (code A) followed by tax withholding (code F), not an open-market buy or sale.
Key Details
- Grant date and price: 2026-02-12 — 7,540 shares @ $86.17 (acquired) — $649,722 total
- Withholding dates and prices: 2026-02-13 — 2,142 shares @ $87.04 ($186,440); 871 shares @ $87.04 ($75,812); 1,497 shares @ $87.04 ($130,299). Total withheld = 4,510 shares ($392,551)
- Net shares retained from the award: 3,030 (7,540 granted − 4,510 withheld)
- Beneficial holdings note: filing states holdings include 245 shares from dividend reinvestment through December 2025 (footnote)
- Filing date: 2026-02-17 for transactions on 2026-02-12 and 2026-02-13 — appears timely given the holiday-adjusted two-business-day Form 4 deadline
- Transaction codes: A = award/grant; F = tax withholding/disposition
Context This was a compensation-related stock award with routine tax withholding (a net or "cashless" settlement), not an open-market purchase or directional sale by the insider. Awards signal compensation allocation rather than a direct endorsement of the stock; the withholding simply satisfies tax obligations.