Matthew J. Mullenix, Chief Information Officer of Bowman Consulting Group Ltd., filed a Form 4 on November 6, 2026, reporting the acquisition and subsequent cancellation of all his directly held common stock shares in connection with the closing of a merger involving the company.

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 of $43.00 per share: 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.
  • 5,720 shares acquired via PRSU vesting: Immediately prior to the effective time, the reporting person's outstanding performance-based restricted stock units vested and were canceled, converting to the right to receive the merger consideration.
  • 23,805 shares disposed of: Following the PRSU-related acquisition, all 23,805 shares of common stock held directly by Mullenix were canceled and converted into the right to receive the merger consideration per the merger agreement.
  • Beneficial ownership reduced to zero: Following the reported transactions, the filing shows Mullenix held 0 shares of Bowman Consulting Group Ltd. common stock directly.
  • RSA awards also fully vested and canceled: Each outstanding restricted stock award granted to the reporting person became fully vested and free of restrictions immediately prior to the effective time and was then canceled in exchange for the merger consideration.

Bowman Consulting Merger Triggers Full Share Cancellation for CIO Mullenix

According to the filing, Bowman Consulting Group Ltd. (NASDAQ:BWMN) completed its merger on November 6, 2026, pursuant to an Agreement and Plan of Merger dated August 10, 2026, among the company, Prive Parent, Inc., and Prive Merger Sub, Inc., a wholly owned subsidiary of Prive Parent. The filing states that Merger Sub merged with and into Bowman Consulting Group Ltd., with the company surviving, and that each share of common stock (par value $0.01 per share) outstanding immediately prior to the effective time was automatically canceled and converted into the right to receive $43.00 in cash.

The Form 4 discloses that immediately prior to the effective time, all outstanding performance-based restricted stock units held by Mullenix became fully vested with respect to the number of shares awarded, without regard to achievement of performance levels, and were then canceled and converted into the right to receive the merger consideration for each underlying share. The filing records an acquisition of 5,720 shares tied to this PRSU vesting, bringing his total to 23,805 shares, which were then disposed of in full.

The filing further states that all outstanding restricted stock awards held by Mullenix became fully vested and free of restrictions immediately prior to the effective time and were subsequently canceled and converted into the right to receive the merger consideration per share in cash, without interest. Following all reported transactions, the filing shows Mullenix's direct beneficial ownership of Bowman Consulting Group Ltd. common stock at zero shares. The form was signed by Elizabeth Abdoo with power of attorney on behalf of Matthew J. Mullenix on November 6, 2026.

What Was Disclosed

Bowman Consulting Group Ltd.'s Chief Information Officer, Matthew J. Mullenix, disclosed the vesting and cancellation of all directly held common shares, PRSUs, and RSAs on November 6, 2026, in connection with the closing of the company's merger, with each share converted to the right to receive $43.00 in cash.