Labovitz Bruce J 4

What Happened

• Bruce J. Labovitz, Chief Financial Officer of Bowman Consulting Group Ltd. (BWMN), received an award when 10,172 restricted stock units (RSUs) vested on February 11, 2026 (transaction code A). To satisfy tax withholding, 3,229 of those shares were surrendered/withheld (transaction code F) at $33.18 per share, totaling about $107,138. Net shares delivered to him from this vesting were 6,943 (10,172 − 3,229).

Key Details

• Transaction date: February 11, 2026.
• Awarded/vested: 10,172 RSUs (code A; reported acquisition price $0.00 because these were awards that vested).
• Tax withholding: 3,229 shares withheld/disposed at $33.18 each for ~$107,138 (code F).
• Net shares received from vesting: 6,943 shares.
• Footnote: These RSUs were granted Feb 9, 2023 under the 2021 Executive Officers Long Term Incentive Plan and were performance‑based (performance period 1/1/2023–12/31/2025); the Compensation Committee determined the plan hit the 26.52nd percentile, triggering vesting (see footnote F1).
• Filing: Reported on Feb 17, 2026 for a Feb 11 transaction — appears to have been filed several days after the transaction (Form 4 is generally required within two business days).

Context

• This was a performance‑based RSU vesting event, not an open‑market purchase or discretionary sale. Withholding of shares to cover taxes is a common administrative step and doesn’t necessarily signal the insider’s view of the stock.
• Transaction codes: A = award/acquisition via vesting; F = shares withheld/disposed to satisfy tax liability.