Stengle Nikolas W 4

What Happened Nikolas W. Stengle, CEO of Brookdale Senior Living Inc. (BKD), was granted 114,040 time‑based restricted stock units (RSUs) on 2026‑02‑12. The grant is reported as an acquisition at $0.00 (standard for RSU awards); the RSUs are generally payable in common shares upon vesting. The filing also notes a separate grant of performance‑based RSUs covering 171,061 shares at target performance that is not reported in this Form 4 and will be reported after the applicable performance periods conclude.

Key Details

• Transaction date: February 12, 2026. Form 4 filed February 17, 2026 (timely given Feb 16 was a federal holiday).
• Transaction type/code: A — Award/Grant (restricted stock units).
• Shares granted: 114,040 RSUs; reported acquisition price $0.00.
• Vesting: Eligible to vest ratably in three annual installments beginning February 27, 2027, subject to continued employment; each RSU generally converts to one common share on vesting.
• Performance award note: Separate performance‑based RSUs for 171,061 shares at target will be reported after performance periods end.
• Shares owned after transaction: Not specified in this Form 4.

Context RSU grants are a form of executive compensation and are not an open‑market purchase or sale. They don’t represent an immediate inflow or outflow of cash or shares until vesting occurs (and potential tax withholding). For investors, awards signal compensation and retention incentives but do not directly indicate the insider’s near‑term view on the stock.