Phipps Jennifer A 4

What Happened

• Jennifer A. Phipps, Chief Financial Officer of BrightSpring Health Services (BTSG), had 33,190 shares withheld by the company to satisfy tax withholding obligations related to the vesting of 77,012 restricted stock units (RSUs). The withheld shares were valued at $39.64 each, totaling $1,315,652.
• After withholding, Phipps received the net shares from the vesting: 77,012 gross RSUs − 33,190 withheld = 43,822 net shares retained. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: January 25, 2026; filing date: January 27, 2026 (timely filing, not marked late).
• Withheld shares: 33,190 at $39.64/share = $1,315,652.
• RSUs vesting: 77,012 total; net shares retained by insider: 43,822.
• Footnote: Withholding was performed at a net settlement price equal to the closing stock price on January 23, 2026.
• The filing reports the shares were withheld to satisfy tax liabilities (transaction code F). The filing does not report total shares owned by Phipps after the transaction in the provided summary.

Context

• This transaction is a routine tax-withholding related to RSU vesting (a common "net settlement" process), not an open-market sale; it generally does not signal a deliberate decision to sell shares.