BOLAND ELIZABETH J 4

What Happened Elizabeth J. Boland, CFO of Bright Horizons Family Solutions (BFAM), was credited with 3,847 shares upon the vesting/settlement of performance-based restricted stock units (PRSUs) on 2026-02-24 (reported as an acquisition at $0.00). To satisfy tax withholding obligations, 1,283 and 2,422 of those shares were withheld (disposed) at a reported price of $71.64 per share, generating withholding proceeds of $91,914 and $173,512, respectively (total withheld value $265,426).

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely).
• Award: 3,847 PRSUs vested/settled (recorded as acquisition, code A, $0.00).
• Withholding: 1,283 shares and 2,422 shares withheld to satisfy tax obligations (code F) at $71.64 per share.
• Total shares withheld for taxes: 3,705 shares; total withholding value reported: $265,426.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: PRSU vesting was performance-based for the period Jan 1, 2023–Dec 31, 2025 (F1). The disposals reflect shares withheld for tax withholding on PRSUs and RSUs (F2, F3).

Context This filing records a routine equity vesting event and tax-withholding disposition rather than an open-market sale or discretionary purchase. PRSUs are performance-contingent awards that convert to shares upon achievement of specified metrics; withheld shares are a common cashless method to satisfy tax obligations and do not necessarily signal buying or selling intent by the insider.