BBGI CEO exercises 5,000 shares, tax shares withheld
BEASLEY BROADCAST GROUP INC director and CEO Caroline Beasley reported routine equity compensation activity.
Rhea-AI Filing Summary
BEASLEY BROADCAST GROUP INC director and CEO Caroline Beasley reported routine equity compensation activity. She exercised derivative awards to acquire 5,000 shares of Class A Common Stock and had 1,217 shares withheld at a price of $26.13 per share to cover tax obligations. Following these transactions, she directly holds 38,355 Class A Common shares. The filing also notes restricted stock units, each representing a contingent right to receive one share of Class A Common Stock, which vest in three equal annual installments beginning on June 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,217 | $26.13 | $32K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. The restricted stock units vest in three equal annual installments beginning on June 30, 2025.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
Exercise or conversion of derivative security financial
FAQ
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What insider transactions did Caroline Beasley report at BEASLEY BROADCAST GROUP INC (BBGI)?
Was Caroline Beasley’s BEASLEY BROADCAST GROUP INC (BBGI) Form 4 an open-market stock sale?
How are restricted stock units treated in this BEASLEY BROADCAST GROUP INC (BBGI) filing?
Does Caroline Beasley’s Form 4 for BEASLEY BROADCAST GROUP INC (BBGI) indicate major ownership changes?
AI-generated analysis. How Rhea-AI works. Not financial advice.