Denari Aine 4

What Happened

• Denari Aine, EVP, President Navico Group and CTO at Brunswick Corp (BC), was granted 7,540 shares on 2026-02-12 valued at $86.17 per share (total ≈ $649,722).
• On 2026-02-13, 4,741 shares were disposed (code F) as payment for tax liabilities, recorded at $87.04 per share (total ≈ $412,657). This appears to be a routine withholding of shares to satisfy taxes on the award, not an open-market sale.

Key Details

• Grant (A): 7,540 shares @ $86.17 on 2026-02-12 (≈ $649,722).
• Withholding (F): three entries on 2026-02-13 — 2,142 shares, 1,044 shares, and 1,555 shares, all @ $87.04 (combined ≈ $412,657).
• Net shares retained from this award: 7,540 − 4,741 = 2,799 shares. The filing does not disclose total beneficial ownership after the transactions.
• Footnote: beneficial holdings reported include 260 shares acquired via dividend reinvestment through December 2025.
• Filing date: 2026-02-17 for transactions on 2026-02-12 and 2026-02-13 — filed on the SEC Form 4 within the required reporting window (timely).

Context

• This sequence (award followed by share withholding to cover taxes) is a common administrative action when equity awards vest; it is not the same as an open-market sale or a purchase signal.
• For retail investors, such withholding transactions typically reflect compensation tax mechanics and should not be interpreted as a clear buy/sell signal about the insider’s view of the stock.