---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-159677"
form_type: "8-K"
ticker: "BWMN"
cik: "0001847590"
company_name: "Bowman Consulting Group Ltd."
filed_at: "2022-05-25T23:59:59+00:00"
generated_at: "2026-06-25T07:19:54.369930+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bowman Consulting extends revolving credit to $25M, extends to July 2024; officers adopt 10b5-1 plans

## Summary
- Seventh Amendment with Bank of America increases revolving line max to $25M and extends term to July 31, 2024.
- Permitted Acquisitions thresholds raised: single deal up to $7.5M, annual up to $40M, with $10M liquidity floor.
- Interest at daily SOFR plus 2.00%-2.60% based on Funded Debt/EBITDA ratio.
- COO/director Michael Bruen entered 10b5-1 plan for up to 30,000 shares (Dec 2022-Nov 2023); existing plan for 10,000 shares remains.
- CFO Bruce Labovitz entered 10b5-1 plan for up to 7,000 shares (Oct-Dec 2022).

## SEC filing metadata
- accession: 0001193125-22-159677
- form_type: 8-K
- ticker: BWMN
- cik: 0001847590
- company_name: Bowman Consulting Group Ltd.
- filed_at: 2022-05-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847590/000119312522159677/0001193125-22-159677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847590/000119312522159677/d342905d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-159677
- JSON: https://secwatch.observer/filing/0001193125-22-159677.json
- Plain text: https://secwatch.observer/filing/0001193125-22-159677.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.