ALTMAN RANDALL S 4
4 · BRUNSWICK CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Brunswick SVP Randall S. Altman Receives 4,930-Share Award
What Happened
Randall S. Altman, SVP and Controller of Brunswick Corporation (BC), received an award of 4,930 shares on Feb 12, 2026 (reported value $424,818 at $86.17/share). On Feb 13, 2026 a total of 1,730 shares were disposed/withheld to satisfy tax withholding obligations (reported as code F) in three lots (776, 277 and 677 shares) at $87.04/share, totaling about $150,579. After the withholding, Altman retained a net 3,200 shares from the award (approx. $274,239 based on the reported prices). These were award/withholding transactions, not open-market sell orders.
Key Details
- Transaction types: Award/Grant (A) on 2026-02-12; Tax withholding/payment (F) on 2026-02-13.
- Prices & values: 4,930 shares @ $86.17 = $424,818 (award); withheld 776, 277, 677 shares @ $87.04 = $67,543; $24,110; $58,926 (total withheld ≈ $150,579).
- Net change: +3,200 shares retained after withholding (4,930 − 1,730). Net retained value ≈ $274,239 based on reported prices.
- Footnotes: Beneficial holdings include 305 shares from dividend reinvestment through Dec 2025 (F1). F2 notes the savings plan trustee estimate of shares as of Feb 13, 2026 (stock fund unit accounting may vary with price).
- Filing timeliness: Form 4 filed Feb 17, 2026; filing meets the SEC two-business-day reporting requirement for these transactions.
Context
This pattern—an equity award followed by share withholding to cover taxes—is common when restricted stock or RSUs vest. The withheld shares were used solely for tax obligations (code F) rather than sold in an open-market transaction, so the activity is a routine administrative step tied to the award, not necessarily an indication of buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-12$86.17/sh+4,930$424,818→ 31,918 total - Tax Payment
Common Stock
2026-02-13$87.04/sh−776$67,543→ 31,142 total - Tax Payment
Common Stock
2026-02-13$87.04/sh−277$24,110→ 30,865 total - Tax Payment
Common Stock
2026-02-13$87.04/sh−677$58,926→ 30,188 total
- 5,070(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]Beneficial holdings include 305 shares acquired pursuant to dividend reinvestment through December 2025.
- [F2]Estimate of the number of shares held by the savings plan trustee as of February 13, 2026. This plan uses stock fund unit accounting, and the number of shares that a participant is deemed to hold varies with the price of Brunswick Stock.