---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-042032"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T07:54:40.581329+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Bright Horizons CEO salary increased to $650k; new LTIP adds performance-based equity awards

## Summary
- CEO Stephen H. Kramer's annual base salary increased to $650,000 from $509,232 for FY2023.
- Target long-term equity award value raised to $3.5M from $2.176967M.
- New LTIP grants 25% options, 25% performance RSUs (PRSUs), 50% service-based RSUs to NEOs.
- PRSUs vest up to 200% of target based on three-year average adjusted EBITDA growth.

## SEC filing metadata
- accession: 0001193125-23-042032
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437578/000119312523042032/0001193125-23-042032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000119312523042032/d441698d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-042032
- JSON: https://secwatch.observer/filing/0001193125-23-042032.json
- Plain text: https://secwatch.observer/filing/0001193125-23-042032.txt

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