Bowman Consulting Group Ltd. Chief Operating Officer Daniel Swayze filed a Form 4 on November 6, 2026, reporting the acquisition and subsequent cancellation of all directly held common stock following the completion of a merger with Prive Merger Sub, Inc.

Key Highlights

  • Merger closed November 6, 2026: Prive Merger Sub, Inc. merged with and into Bowman Consulting Group Ltd., with the company continuing as the surviving corporation, according to the filing.
  • Merger consideration: Each share of common stock was automatically canceled and converted into the right to receive $43.00 in cash, without interest and subject to applicable tax withholding.
  • PRSUs vested and canceled: 37,085 shares were acquired via fully vested performance-based restricted stock units immediately prior to the effective time, then canceled for the $43.00 merger consideration.
  • RSAs also canceled: 62,816 restricted stock award shares became fully vested and free of restrictions, then were canceled and converted into the right to receive $43.00 per share in cash.
  • Resulting ownership: Following both transactions, Swayze held 0 shares of common stock directly, as reported in the filing.
  • Merger Agreement date: The Agreement and Plan of Merger was dated August 10, 2026, among the company, Prive Parent, Inc., and Prive Merger Sub, Inc., per the filing's footnotes.

Bowman COO Swayze's Holdings Extinguished in November 2026 Merger Closing

According to the Form 4 filed with the SEC, Daniel Swayze, Chief Operating Officer of Bowman Consulting Group Ltd. (NASDAQ:BWMN), reported two transactions in common stock on November 6, 2026, both tied directly to the closing of the merger described in the filing. The merger was effected under an Agreement and Plan of Merger dated August 10, 2026, among Bowman Consulting Group Ltd., Prive Parent, Inc., and Prive Merger Sub, Inc., a wholly owned subsidiary of Parent.

The filing disclosed that immediately prior to the effective time of the merger, each of Swayze's outstanding performance-based restricted stock units vested with respect to 37,085 shares, based on the number of shares awarded rather than achievement of performance levels, as stated in the filing's footnotes. Those shares were then automatically canceled and converted into the right to receive $43.00 per share in cash. Separately, 62,816 shares held under restricted stock awards became fully vested and free of restrictions, and were likewise canceled and converted into the right to receive the $43.00 merger consideration per share in cash, without interest.

The filing states that following these transactions, Swayze's direct beneficial ownership of Bowman common stock stood at 0 shares. The Form 4 was signed by Robert Hickey under a power of attorney on behalf of Daniel Swayze on November 6, 2026. No derivative securities were reported in Table II of the filing.

What Was Disclosed

Swayze's Form 4 reported the vesting and cancellation of 37,085 PRSU-related shares and 62,816 restricted stock award shares on November 6, 2026, all converted into the right to receive $43.00 per share in cash upon completion of the merger with Prive Merger Sub, Inc., leaving Swayze with zero direct ownership.