Caroline Beasley (BBGI) exercises 5,000 shares, updates direct stock holdings
Filing Impact
Filing Sentiment
Form Type
4
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 39,572 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
5,000 shares exercised/converted
Mixed
3 txns
Insider
BEASLEY CAROLINE
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,217 | $26.13 | $32K |
Holdings After Transaction:
Restricted Stock Units — 5,000 shares (Direct, null);
Class A Common Stock — 39,572 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units vest in three equal annual installments beginning on June 30, 2025.
Key Figures
Shares exercised: 5,000 shares
Tax-withholding shares: 1,217 shares
Tax-withholding price: $26.13 per share
+2 more
5 metrics
Shares exercised
5,000 shares
Class A Common Stock acquired via derivative exercise on June 30, 2026
Tax-withholding shares
1,217 shares
Shares withheld to satisfy tax obligations at $26.13 per share
Tax-withholding price
$26.13 per share
Price applied to 1,217-share tax-withholding disposition
Direct holdings after transaction
39,572 shares
Class A Common Stock directly owned by Caroline Beasley after transactions
Restricted stock units
5,000 units
Derivative entry tied to Class A Common Stock on June 30, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security
3 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal annual installments beginning on June 30, 2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 1,217 shares at $26.13 per share."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security."
FAQ
What insider transactions did Caroline Beasley report at BEASLEY BROADCAST GROUP INC (BBGI)?
Caroline Beasley reported exercising derivative awards for 5,000 shares of Class A Common Stock and a related tax-withholding disposition of 1,217 shares at $26.13 per share. These transactions reflect routine equity compensation activity rather than discretionary open-market buying or selling.
Was Caroline Beasley’s BEASLEY BROADCAST GROUP INC (BBGI) Form 4 an open-market stock sale?
The Form 4 does not show an open-market sale. It reports a tax-withholding disposition of 1,217 shares at $26.13 per share, tied to equity compensation, and a 5,000-share derivative exercise. Tax-withholding dispositions are mechanical and do not represent discretionary selling decisions.
How are restricted stock units treated in this BEASLEY BROADCAST GROUP INC (BBGI) filing?
Restricted stock units in the filing each represent a contingent right to receive one Class A Common share. They vest in three equal annual installments beginning on June 30, 2025, gradually delivering shares to Caroline Beasley as long as the vesting conditions continue to be met.
Does Caroline Beasley’s Form 4 for BEASLEY BROADCAST GROUP INC (BBGI) indicate major ownership changes?
The Form 4 reflects routine compensation-related movements rather than major ownership changes. Caroline Beasley exercised 5,000 shares and had 1,217 shares withheld for taxes, ending with 39,572 directly held shares, which suggests incremental adjustments to her existing position.