Hickey Robert Alan 4
Research Summary
AI-generated summary
Bowman (BWMN) CLO Robert Hickey Receives RSU Awards; 4,208 Shares Withheld
What Happened Robert Alan Hickey, Chief Legal Officer of Bowman Consulting Group (BWMN), was awarded a total of 15,524 restricted stock units (RSUs) on February 11, 2026 (two grants: 9,805 and 5,719 RSUs, $0.00 acquisition price). To satisfy tax withholding obligations, 4,208 shares were disposed (code F) at $33.18 per share, generating proceeds of $139,621. The remaining vested shares were issued to him.
Key Details
- Transaction date: February 11, 2026 (Form filed Feb 17, 2026).
- Grants: 9,805 RSUs (award A) and 5,719 RSUs (award A); acquisition price $0.00.
- Withholding: 4,208 shares disposed (code F) at $33.18 each; total value reported $139,621.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: The 9,805-share grant reflects performance-based RSUs granted Feb 9, 2023, covering 2023–2025; the Compensation Committee certified 26.52nd percentile performance, triggering vesting for the period.
- F2: The 5,719-share grant is an annual time-based RSU award that vests in three equal installments beginning on the first anniversary of the grant.
- Filing timeliness: The Form 4 was filed six calendar days after the transaction date (Feb 17 vs. Feb 11), later than the typical two-business-day filing requirement.
Context
- The 4,208-share disposition was a tax-withholding event (routine) rather than an open-market sale; such withholdings are common when RSUs vest and do not necessarily signal insider sentiment.
- One award was performance-based (vested at a partial payout level based on relative TSR) and the other is a standard time-based RSU grant subject to future vesting installments.