secwatch.observer — SEC 8-K summary
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Issuer:     BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)
CIK:        0001437578
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001437578-26-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Horizons Q4 revenue up 9% to $734M but net income falls 25% to $22M; EPS $0.38
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- Revenue of $734M (+9% YoY); income from operations $45M (-6%).
- Net income $22M, diluted EPS $0.38 (down 24% from $0.50).
- CEO Kramer's target LTIP increased to $5M (from $3.5M); CFO Boland to $1.5M (from $1.1M).
- LTIP revised: 50% performance-based RSUs for NEOs; stock options eliminated.
- One-time RSU award of $500k to COO Mandy Berman for additional responsibilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437578/000143757826000003/0001437578-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437578/000143757826000003/bfam-20260209.htm
  HTML page:      https://secwatch.observer/filing/0001437578-26-000003

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