Lakhwara Praniti 4
Research Summary
AI-generated summary
Bread Financial (BFH) Director Praniti Lakhwara Receives Award
What Happened
- Praniti Lakhwara, a director of Bread Financial Holdings, Inc. (BFH), received a grant of 1,638 restricted stock units (RSUs) on June 15, 2026. No purchase price was reported (award, code A). The RSUs vest on June 15, 2027.
- After the grant, Lakhwara’s total reported beneficial ownership is 7,260 shares, composed of 5,622 unrestricted shares plus the newly granted 1,638 RSUs. This is a compensation award, not a market purchase.
Key Details
- Transaction date: June 15, 2026; Form 4 filed: June 17, 2026 (timely filing).
- Transaction type/code: Award/Grant (A); price: N/A.
- Shares granted: 1,638 RSUs; vesting date: June 15, 2027 (Footnote F1).
- Shares beneficially owned after grant: 7,260 (5,622 unrestricted + 1,638 RSUs) (Footnote F2).
- No 10b5-1 plan, tax-withholding, or sale associated with this filing was reported.
Context
- RSUs are a form of equity compensation that convert into actual shares only when they vest; they increase reported beneficial ownership but are not an immediate cash transaction.
- Such director grants are common as part of compensation programs and do not by themselves indicate a buy/sell signal. Check current BFH share price to estimate the grant’s dollar value if desired.