Casagrande John Guy 4

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.