Alleva Lawrence M 4

What Happened
Lawrence M. Alleva, a director of Bright Horizons Family Solutions (BFAM), was granted 2,096 restricted stock units (RSUs) reported as an acquisition on 2026-06-03. The filing lists no per-share price (N/A); these RSUs are described as fully vested but convert into common shares only upon specified settlement events.

Key Details

• Transaction date: 2026-06-03 (filed 2026-06-05).
• Grant: 2,096 restricted stock units (transaction code A — award/grant). Price reported as N/A.
• Shares owned after transaction: Not specified in the Form 4 summary provided.
• Footnote: Each RSU is fully vested and represents the right to receive one share upon the earliest of the 5th anniversary of the grant, termination of service, or a change in control.
• Filing timeliness: Report filed on 2026-06-05 for a 2026-06-03 transaction; no late-filing flag indicated.

Context
These are RSU awards (not open-market purchases or sales). Although the RSUs are fully vested (meaning they are not forfeitable), settlement into actual shares is deferred until a trigger event (5th anniversary, departure, or change in control). Such compensation awards are common for directors and reflect compensation structure rather than an immediate personal purchase or sale.