Gerspach John C 4

What Happened

• John C. Gerspach, a director of Bread Financial Holdings, Inc. (BFH), was granted 483 restricted stock units (RSUs) on April 15, 2026. The RSUs have no purchase price and will vest on April 15, 2027. This is a compensation award (not a purchase or sale).

Key Details

• Transaction date: April 15, 2026 (reported on Form 4 filed April 17, 2026).
• Type: Award/Grant (code A) of 483 RSUs; vesting date: April 15, 2027.
• Shares owned after transaction: reported beneficial ownership of 47,206 shares total, comprised of 18,762 unrestricted shares and 28,444 unvested RSUs (includes the new 483-RSU grant).
• Notable footnotes: some shares are held by the Gerspach 2020 GST Exempt Trust (spouse serves as trustee). The filing lists many prior RSU grants (2020–2026) that remain unvested.
• Filing timeliness: Form 4 was filed within the typical two-business-day window (timely).

Context

• This was a standard equity compensation award to a director and does not represent an open-market buy or sell. Such grants are routine for aligning directors’ interests with shareholders and do not by themselves indicate the director’s view on the stock.