ALTMAN RANDALL S 4

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.