Fawcett John J. 4

What Happened
John J. Fawcett, a director of Bread Financial Holdings, received a grant of 1,638 restricted stock units (RSUs) on June 15, 2026. The RSUs have no purchase price and will vest on June 15, 2027. This was a compensation award (not a market purchase or sale) and does not represent immediately tradable shares.

Key Details

• Transaction date: 2026-06-15 (Form 4 filed 2026-06-17).
• Transaction type: Award/Grant (code A); price listed as N/A for RSUs.
• Vesting: RSUs vest on 2027-06-15 (per footnote F1).
• Shares owned after grant: 12,638 beneficially owned = 11,000 unrestricted shares + 1,638 RSUs (per footnote F2).
• Filing timeliness: Form 4 was filed within normal reporting window (no late filing indicated).

Context
RSUs are a deferred equity award that convert into shares upon vesting; they don’t increase the company’s float until vested and issued. Awards like this are routine director compensation and are informational rather than a direct buy/sell signal.