Burke Mary Lou 4
4 · BRIGHT HORIZONS FAMILY SOLUTIONS INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Bright Horizons (BFAM) COO Mary Lou Burke Receives Award; Shares Withheld
What Happened
- Mary Lou Burke, Chief Operating Officer, North America Center Operations at Bright Horizons (BFAM), had 3,847 performance-based restricted stock units (PRSUs) vest and convert into 3,847 shares on Feb 24, 2026 (award/acquisition, code A).
- To satisfy tax withholding, a total of 3,711 shares were withheld/disposed (two withholding actions at $71.64/share): 1,283 shares ($91,914) and 2,428 shares ($173,942), leaving a net delivery of 136 shares to Burke. The withheld shares total approximately $265,856 in value. This was a vesting/settlement event rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (appears timely).
- Award: 3,847 PRSUs vested (each PRSU = 1 share). Price recorded for award = $0.00.
- Withholding: 1,283 shares and 2,428 shares withheld at $71.64/share to satisfy tax obligations (codes F). Total value withheld ≈ $265,856.
- Net shares received after withholding: 136 shares.
- Shares owned after transaction: not specified in this filing.
- Footnotes: PRSUs were performance-based for the period Jan 1, 2023–Dec 31, 2025 (vesting based on company performance). One withholding entry relates to the PRSU vest; the other relates to withholding on RSU vesting.
Context
- This filing reflects a routine equity award vesting and tax-withholding (cashless) mechanism — common for officers receiving RSUs/PRSUs. It is not an open-market sale signaling a directional bet by the insider.
Insider Transaction Report
Form 4
Burke Mary Lou
COO North America Center Ops
Transactions
- Award
Common Stock
[F1]2026-02-24+3,847→ 30,296 total - Tax Payment
Common Stock
[F2]2026-02-24$71.64/sh−1,283$91,914→ 29,013 total - Tax Payment
Common Stock
[F3]2026-02-24$71.64/sh−2,428$173,942→ 26,585 total
Holdings
- 1,320(indirect: UTMA Custodian for daughter)
Common Stock
- 1,320(indirect: UTMA Custodian for daughter)
Common Stock
Footnotes (3)
- [F1]Represents the acquisition of shares of the Registrant's common stock upon the vesting of performance-based restricted stock units (PRSUs). The number of PRSUs was based on the Registrant's level of achievement of certain financial performance metrics for the performance period, which commenced on January 1, 2023 and ended on December 31, 2025. Each PRSU represents a contingent right to receive one share of Registrant common stock upon vesting and settlement.
- [F2]Represents shares withheld to satisfy tax withholding obligations arising as a result of the vesting and settlement of the PRSUs described in footnote 1.
- [F3]Represents shares withheld to satisfy tax withholding obligation arising upon the vesting of restricted stock units (RSU). Each RSU represents a right to receive one share of Registrant common stock upon vesting.
Signature
/s/ John Casagrande, as attorney in fact for Mary Lou Burke|2026-02-26