Gerspach John C 4
4 · BREAD FINANCIAL HOLDINGS, INC. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Bread Financial (BFH) Director John Gerspach Receives Award
What Happened
John C. Gerspach, a director of Bread Financial Holdings, received a grant of 1,638 restricted stock units (RSUs) on June 15, 2026 (transaction code A). No cash price is reported for the award (N/A); the RSUs are scheduled to vest on June 15, 2027. This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: June 15, 2026; transaction type: Award/Grant (A); price: N/A.
- Vesting: the 1,638 RSUs vest on June 15, 2027 (Footnote F1).
- Shares beneficially owned after grant: 21,564 unrestricted shares + 27,280 unvested RSUs (including the new 1,638 RSUs) = 48,844 total beneficially owned (Footnote F2).
- Trust holding: some shares are held by the Gerspach 2020 GST Exempt Trust, for which the reporting person’s spouse is trustee (Footnote F3).
- Filing timing: report filed June 17, 2026 for a June 15, 2026 transaction — appears to be timely (no late filing indicated).
Context
RSUs are compensation awards that convert to shares upon vesting; they are neither an immediate purchase nor a sale and do not necessarily signal the holder’s market view. For retail investors, director RSU grants typically reflect routine compensation/retention practices rather than active trading.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-15+1,638→ 48,844 total
- 6,000(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]The new grant is for 1,638 shares of common stock represented by restricted stock units, which will vest on June 15, 2027.
- [F2]The total amount of securities beneficially owned includes: (a) 21,564 unrestricted shares; (b) 5,981 unvested restricted stock units granted 6/22/20; (c) 2,241 unvested restricted stock units granted 6/15/21; (d) 431 unvested restricted stock units granted 9/15/21; (e) 474 unvested restricted stock units granted 12/15/21; (f) 538 unvested restricted stock units granted 3/15/22; (g) 2,650 unvested restricted stock units granted 6/15/22; (h) 934 unvested restricted stock units granted 7/15/22; (i) 969 unvested restricted stock units granted 10/17/22; (j) 912 unvested restricted stock units granted 1/17/23; (k) 1,038 unvested restricted stock units granted 4/17/23; (l) 4,932 unvested restricted stock units granted 6/15/23; (m) 1,186 unvested restricted stock units granted 7/17/23; (n) 1,033 unvested restricted stock units granted 10/16/23;
- [F3]The shares are held by the Gerspach 2020 GST Exempt Trust, for which the Reporting Person's spouse serves as trustee.