secwatch.observer — SEC 8-K summary
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Issuer:     BrightView Holdings, Inc. (BV)
CIK:        0001734713
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001104659-23-068021
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

BrightView grants retention awards to CFO, CLO, CHRO totaling $1.25M to aid CEO transition
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- CFO Brett Urban receives $500K retention award (25% cash, 75% RSUs).
- CHRO Amanda Orders receives $500K award; CLO Jonathan Gottsegen receives $250K.
- Awards vest in two equal installments on June 1, 2024 and Dec 1, 2024.
- Awards aim to retain key management during CEO search and transition.
- Unvested awards accelerate on death, disability, termination w/o cause, or change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734713/000110465923068021/0001104659-23-068021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734713/000110465923068021/tm2317315d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-068021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer