BrightSpring finalizes CFO Mattingly's severance: salary through Apr 2026, bonus, equity acceleration

BrightSpring Health Services, Inc.

Mattingly receives base salary continuation through April 2026, plus 18 months COBRA premiums.
2024 performance bonus paid in 2025; pro-rata 2025 bonus at 100% target paid in 2026.
Unvested time-based stock options and RSUs vest through Jan 2026; performance-based option vesting waived.
Vested stock option exercise period extended to end of original option period.
Severance agreement includes non-disparagement, non-solicitation, and release of claims.

item 5.02 item 9.01

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Departed

Mattingly

Other Named Officer

BTSG · BrightSpring Health Services, Inc.

Effective: 2025-04-14
Filed: April 15, 2025, 7:59 PM ET

On April 11, 2025, the Committee approved that certain Severance Agreement, dated as of April 14, 2025, by and between Res-Care, Inc., an affiliate of the Company, and Mr. Mattingly (the “Severance Agreement”), pursuant to which Mr. Mattingly’s employment with the Company terminated on the Transition Date

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.7

Mattingly departed as other_named_officer at BrightSpring Health Services, Inc..

Action: terminated employment

Exact text from the filing

On April 11, 2025, the Committee approved that certain Severance Agreement, dated as of April 14, 2025, by and between Res-Care, Inc., an affiliate of the Company, and Mr. Mattingly (the “Severance Agreement”), pursuant to which Mr. Mattingly’s employment with the Company terminated on the Transition Date

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Source: SEC EDGAR

accession 0000950170-25-054320

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