White Chad C. 4
4 · Brookdale Senior Living Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Brookdale (BKD) EVP Chad C. White Receives Award
What Happened Chad C. White, Executive Vice President, General Counsel & Secretary of Brookdale Senior Living (BKD), received two grants of restricted stock units (RSUs) on February 12, 2026: 22,072 RSUs and 93,939 RSUs (total 116,011 RSUs). The units were awarded at $0.00 (no cash paid at grant) and are reported on a Form 4 filed Feb 17, 2026. These awards are compensation grants (transaction code A), not open‑market purchases or sales.
Key Details
- Transaction date: February 12, 2026; Form 4 filed February 17, 2026.
- Grants: 22,072 RSUs and 93,939 RSUs (total 116,011); grant price reported $0.00.
- Vesting (time‑based): Per footnote F1, the time‑based RSUs vest ratably over three annual installments beginning February 27, 2027, subject to continued employment; each RSU converts to one share upon vesting.
- Performance awards: Footnote F1 notes a separate performance‑based RSU grant (33,109 shares at target) from Feb 12, 2026 not reported on this Form 4; footnote F2 describes determination of achievement levels for prior performance RSUs that may vest on Feb 27, 2026/2027/2028.
- Shares owned after this transaction: not specified in the filing.
- Filing timeliness: The Form 4 was filed five days after the grant (Feb 17); Form 4s are generally due within two business days, so this filing appears to have been submitted after the typical reporting window.
Context
- Awards (A) are compensation grants intended to align executive pay with company performance/retention; they are not direct purchases (bullish signal) or sales (liquidity event).
- Performance‑based RSUs have payouts tied to future metrics; the actual number of shares paid can differ from the target and will be reported after performance periods conclude.
Insider Transaction Report
Form 4
White Chad C.
EVP, General Counsel & Sec'y
Transactions
- Award
Common Stock
[F1]2026-02-12+22,072→ 540,095 total - Award
Common Stock
[F2]2026-02-12+93,939→ 634,034 total
Footnotes (2)
- [F1]Grant of time-based restricted stock units under the Brookdale Senior Living Inc. 2024 Omnibus Incentive Plan. Such restricted stock units are eligible to vest ratably in three annual installments beginning February 27, 2027, subject to continued employment. Each restricted stock unit is generally payable in the form of one share of the issuer's common stock upon vesting. This Form 4 does not report the grant of performance-based restricted stock units to the reporting person on February 12, 2026, which will be eligible to vest and be paid with respect to 33,109 shares of the issuer's common stock at target performance levels. The actual number of shares of the issuer's common stock, if any, that become payable under such performance-based restricted stock units will be reported following conclusion of the applicable performance periods.
- [F2]On February 12, 2026, the Compensation Committee determined the level of achievement of four tranches of performance-based restricted stock units previously awarded to the reporting person on February 15, 2023, February 15, 2024, and February 12, 2025 for the performance period ended December 31, 2025. Each performance-based restricted stock unit reported herein is generally payable in the form of one share of the issuer's common stock upon vesting. Such performance-based restricted stock units are generally eligible to vest on either February 27, 2026, February 27, 2027, or February 27, 2028, subject to continued employment.
Signature
/s/ Chad C. White|2026-02-17