Mary Lou Burke - Sep 5, 2023 Form 4 Insider Report for BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)

Role
COO North America Center Ops
Signature
/s/ John Casagrande, as attorney in fact for Mary Lou Burke
Stock symbol
BFAM
Transactions as of
Sep 5, 2023
Transactions value $
-$153,104
Form type
4
Date filed
9/7/2023, 04:47 PM
Previous filing
May 8, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFAM Common Stock Sale -$153K -1.6K -3.69% $95.69 41.8K Sep 5, 2023 Direct F1
holding BFAM Common Stock 1.32K Sep 5, 2023 UTMA Custodian for daughter
holding BFAM Common Stock 1.32K Sep 5, 2023 UTMA Custodian for daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions were made pursuant to a trading plan intended to comply with Rule 10b5-1(c) previously adopted by the Reporting Person on June 5, 2023.