Natarajan Rajesh 4

What Happened

• Natarajan Rajesh, a director of Bread Financial Holdings, received a grant of 1,638 restricted stock units (RSUs) on June 15, 2026. The grant was reported on a Form 4 filed June 17, 2026. No purchase price is reported for the award (code A).
• These RSUs represent shares of common stock that will vest on June 15, 2027. After including this grant and prior units, Rajesh beneficially owns 21,442 shares/units in total.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
• Transaction type: Award/Grant (RSUs), code A; price: N/A (no cash paid).
• Vesting: The new 1,638 RSUs vest on 2027-06-15 (see footnote).
• Shares/units beneficially owned after grant: 21,442 (breakdown in filing includes multiple prior unrestricted and unvested RSU grants).
• No 10b5-1 plan, sale, exercise, or tax-withholding disposition reported for this grant.

Context

• RSUs are compensation awards that convert to actual shares only upon vesting; they are not immediate open-market purchases or sales and typically reflect standard director/executive compensation rather than a direct buy or sell signal.
• For retail investors, awards increase an insider’s potential future stake but do not by themselves indicate buying pressure or a change in conviction.