secwatch.observer — SEC 8-K summary
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Issuer:     BrightView Holdings, Inc. (BV)
CIK:        0001734713
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001104659-23-105603
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightView appoints Dale Asplund as CEO; grants 917,820 RSUs plus 250K target PSUs
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- Dale Asplund started as President & CEO on Oct 1, 2023 and joined the board.
- Received 250,000 new-hire RSUs and 667,820 matching RSUs matching his $5.5M personal share purchase.
- Both RSU grants vest ratably over four years starting Oct 1, 2024.
- Also to receive 250,000 target PSUs with FY2024-2026 performance goals; payout 0%-200%.
- Company reserved 1.75M shares under the new 2023 Employment Inducement Incentive Award Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734713/000110465923105603/0001104659-23-105603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734713/000110465923105603/tm2326903d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-105603

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