Bruce J. Labovitz, Chief Financial Officer of Bowman Consulting Group Ltd., filed a Form 4 on November 6, 2026, reporting the cancellation and conversion of all directly and indirectly held common stock positions in connection with the company's merger with Prive Merger Sub, Inc.

Key Highlights

  • Merger closed November 6, 2026: Merger Sub 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 outstanding immediately prior to the effective time was converted into the right to receive $43.00 in cash, without interest and subject to applicable tax withholding.
  • 121,451 shares acquired: Labovitz received 121,451 shares upon the full vesting of outstanding performance-based restricted stock units (PRSUs) immediately prior to the effective time.
  • 272,462 direct shares disposed: All 272,462 directly held shares of common stock were canceled and converted into the right to receive the Merger Consideration, leaving a direct balance of 0 shares.
  • 240,480 indirect shares disposed: Shares held by Labo Family LLC, a family investment vehicle over which Labovitz exercises voting and investment control, were also canceled and converted, leaving an indirect balance of 0 shares.
  • RSAs fully vested: Each outstanding restricted stock award granted to Labovitz became fully vested and free of restrictions immediately prior to the effective time, then was canceled and converted into the right to receive the Merger Consideration.

Bowman Consulting CFO Labovitz Reports Complete Share Disposition Following Merger Closing

According to the Form 4 filed with the SEC, the transactions reported by Bruce J. Labovitz stem from the Agreement and Plan of Merger dated August 10, 2026, among Bowman Consulting Group Ltd. (NASDAQ:BWMN), Prive Parent, Inc. ("Parent"), and Prive Merger Sub, Inc. ("Merger Sub"), a wholly owned subsidiary of Parent. On November 6, 2026, Merger Sub merged with and into Bowman Consulting Group Ltd., with the company continuing as the surviving corporation. Each outstanding share of common stock, par value $0.01 per share, was automatically canceled and converted into the right to receive $43.00 in cash per share, without interest.

The filing reports that immediately prior to the effective time of the merger, each outstanding performance-based restricted stock unit (PRSU) held by Labovitz became fully vested "with respect to that number of Shares awarded and not the achievement of performance levels," per the filing's language. This vesting resulted in the acquisition of 121,451 shares, which were then immediately canceled and converted into the right to receive the Merger Consideration. Similarly, each outstanding restricted stock award (RSA) granted to Labovitz became fully vested and free of restrictions immediately prior to the effective time, and was subsequently canceled and converted into the Merger Consideration.

In total, the filing shows Labovitz disposed of 272,462 shares held directly and 240,480 shares held indirectly through Labo Family LLC, described in the filing as "a family investment vehicle for which voting and investment control are exercised by the Reporting Person." Following all reported transactions, Labovitz's direct and indirect beneficial ownership of Bowman Consulting common stock stands at 0 shares. The Form 4 was signed by Robert Hickey with Power of Attorney on behalf of Bruce Labovitz on November 6, 2026.

What Was Disclosed

The filing reports the complete disposition of all common stock held directly and indirectly by CFO Bruce J. Labovitz in connection with the closing of Bowman Consulting Group's merger on November 6, 2026, at a cash Merger Consideration of $43.00 per share.