Company: BWMN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050314
Chunk: 149

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 149
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/1/25 - 9/30/25-- -25,000,000 (2)

(1) This column reflects shares owned and tendered by employees to satisfy the required withholding taxes related to share-based payment awards, which are not deducted from shares available to be purchased under publicly announced programs.

(2) On June 6, 2025, the board of directors authorized a share repurchase program under which the Company may repurchase up to $25 million of its common stock ("2025 Repurchase Authorization") over a 12-month period beginning on June 9, 2025. As of September 30, 2025, no repurchases have been made under the 2025 Repurchase Authorization.

Item 3. Defaults Upon Senior Securities.

None

Item 4. Mine Safety Disclosures.

None

Item 5. Other Information.

During the quarter ended September 30, 2025, the following director and officers of the Company each adopted a trading arrangement for the sale of securities of the Company’s common stock (each, a “10b5-1 Plan”) that is intended to satisfy the affirmative defense conditions of the Securities Exchange Rule Act 10b5-1(c):

On August 27, 2025, Raymond Vick Jr., a director of the Company, adopted a 10b5-1 Plan that provides for the sale of up to 1,230 shares of common stock pursuant to the terms of the 10b5-1 Plan during May 2026. Mr. Vick’s prior 10b5-1 Plan expired by its terms in May 2024.

49

On September 11, 2025, Bruce Labovitz, the Company’s Chief Financial Officer, adopted a 10b5-1 Plan that provides for the sale of up to 30,000 shares of common stock pursuant to the terms of the 10b5-1 Plan from January 2026 through April 2026. Mr. Labovitz’s prior 10b5-1 Plan expired by its terms in October 2025.

On September 12, 2025, Robert Hickey, the Company’s Chief Legal Officer, adopted a 10b5-1 Plan that provides for the sale of up to 16,000 shares of common stock pursuant to the terms of the 10b5-1 Plan from December 2025 through June 2026. Mr. Hickey’s prior 10b5-1