BRUNSWICK CORP·4

Feb 17, 4:43 PM ET

FOULKES DAVID M 4

Research Summary

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Brunswick (BC) CEO David Foulkes Receives 61,220-Share Award

What Happened
David M. Foulkes, CEO of Brunswick Corporation, was awarded 61,220 shares on Feb 12, 2026 (61,220 shares @ $86.17 = $5,275,327). The next day, 39,897 shares were surrendered/withheld to satisfy tax obligations (three withholdings on Feb 13, 2026 at $87.04 each totaling $3,472,635). Net from these transactions, Foulkes retained 21,323 shares from the award.

Key Details

  • Award date and value: Feb 12, 2026 — 61,220 shares @ $86.17, total $5,275,327 (code A: award/acquisition).
  • Tax withholding(s): Feb 13, 2026 — 20,757 shares @ $87.04 ($1,806,689); 7,869 shares @ $87.04 ($684,918); 11,271 shares @ $87.04 ($981,028). Total withheld: 39,897 shares for $3,472,635 (code F: payment of tax liability).
  • Net shares retained from award: 61,220 − 39,897 = 21,323 shares.
  • Shares owned after transaction: not explicitly stated in the filing; footnote (F1) notes the number of shares held by the savings plan trustee is an estimate and varies with the stock price.
  • No late-filing flag is indicated in the provided data.

Context

  • This was primarily an equity award to the CEO, followed by routine tax-withholding (not an open-market sale). Such withholdings are common when restricted shares or stock units vest.
  • Code legend: A = award/acquisition; F = payment of exercise price or tax liability (here used for tax withholding).
  • Facts only — the filing documents the award and tax-related share withholding; it does not explain the company’s or CEO’s motivations.