Casagrande John Guy 4
4 · BRIGHT HORIZONS FAMILY SOLUTIONS INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Bright Horizons (BFAM) GC John Casagrande Receives PRSU Award; Shares Withheld
What Happened
John Guy Casagrande, General Counsel and Secretary of Bright Horizons Family Solutions (BFAM), received 2,098 shares upon vesting/settlement of performance-based restricted stock units (PRSUs) on 2026-02-24 (acquisition at $0.00). To satisfy tax-withholding obligations, 700 shares and 1,370 shares were withheld (disposed) at $71.64 per share, resulting in cash-equivalent withholdings of $50,148 and $98,147 respectively (total $148,295). Net shares retained from this vesting: 28 shares.
Key Details
- Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
- Award: 2,098 PRSUs vested/settled (each PRSU convertable to one share) — acquisition recorded at $0.00.
- Withholdings (tax): 700 shares @ $71.64 = $50,148; 1,370 shares @ $71.64 = $98,147; total withheld value = $148,295.
- Net shares retained from this vesting event: 28 shares (2,098 - 2,070).
- Footnotes: F1 = PRSUs vested (performance period 1/1/2023–12/31/2025). F2 = shares withheld for PRSU tax withholding. F3 = shares withheld for RSU tax withholding.
- Shares owned after the transaction: not specified in the provided filing details.
Context
- This filing reflects an award/vesting event and associated tax withholding, not an open-market purchase or discretionary sale. Withholding of shares to cover taxes is routine and common when equity awards vest.
- PRSUs are performance-based awards that convert to common stock only upon achievement of specified financial goals for the performance period; the acquisition here represents settlement of those vested PRSUs.
Insider Transaction Report
Form 4
Casagrande John Guy
General Counsel and Secretary
Transactions
- Award
Common Stock
[F1]2026-02-24+2,098→ 19,032 total - Tax Payment
Common Stock
[F2]2026-02-24$71.64/sh−700$50,148→ 18,332 total - Tax Payment
Common Stock
[F3]2026-02-24$71.64/sh−1,370$98,147→ 16,962 total
Holdings
- 100(indirect: By Children)
Common Stock
- 100(indirect: By Children)
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 G Casagrande|2026-02-26