Beasley Broadcast (NASDAQ: BBGI) COO exercises 4,250 RSUs in stock compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beasley Broadcast Group Chief Operating Officer Brian E. Beasley reported routine equity compensation activity involving Class A Common Stock. On June 30, 2026, he exercised 4,250 restricted stock units, converting them into the same number of Class A shares. To cover tax obligations, 1,035 shares were disposed of as a tax-withholding transaction, based on a price of $26.13 per share, leaving him with 30,679 Class A shares held directly after the transactions. The filing also shows 680 Class A shares held indirectly by his children; he disclaims beneficial ownership of those shares. Each restricted stock unit represents a contingent right to receive one Class A share and the units vest in three equal annual installments beginning on June 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,250 shares exercised/converted
Mixed
4 txns
Insider
BEASLEY BRIAN E
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,250 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,250 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,035 | $26.13 | $27K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,250 shares (Direct, null);
Class A Common Stock — 31,714 shares (Direct, null);
Class A Common Stock — 680 shares (Indirect, See footnote)
Footnotes (1)
- These securities are held by the Reporting Person's children. The Reporting Person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. 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
RSUs exercised: 4,250 shares
Tax-withholding shares: 1,035 shares
Tax-withholding price: $26.13 per share
+4 more
7 metrics
RSUs exercised
4,250 shares
Restricted stock units converted to Class A Common Stock on June 30, 2026
Tax-withholding shares
1,035 shares
Shares delivered to cover tax liability at $26.13 per share
Tax-withholding price
$26.13 per share
Price used for 1,035-share tax-withholding disposition
Direct Class A holdings
30,679 shares
Class A Common Stock held directly after June 30, 2026 transactions
Indirect holdings by children
680 shares
Class A Common Stock held by children; beneficial ownership disclaimed
RSU-to-share ratio
1 RSU = 1 share
Each restricted stock unit represents a right to one Class A share
Tax-withholding shares count
1,035 shares
F-code transaction classified as payment of tax liability in shares
Key Terms
Restricted Stock Units, tax-withholding disposition, beneficial ownership, Class A Common Stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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
"Payment of exercise price or tax liability by delivering securities"
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of all securities held by his children"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Class A Common Stock financial
"security_title: "Class A Common Stock" in the reported transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transactions did BBGI COO Brian Beasley report on June 30, 2026?
Brian Beasley exercised 4,250 restricted stock units into Class A Common Stock and had 1,035 shares withheld as a tax payment. After these compensation-related transactions, he directly held 30,679 Class A shares and reported no open-market purchases or sales.
What is the significance of the 4,250 restricted stock units in the BBGI Form 4?
The 4,250 restricted stock units each represent a contingent right to receive one Class A share. On June 30, 2026, these units were exercised into 4,250 Class A shares, reflecting equity compensation vesting for Brian Beasley under Beasley Broadcast Group’s stock incentive arrangements.
How do the BBGI restricted stock units vest for Brian Beasley?
The restricted stock units vest in three equal annual installments beginning on June 30, 2025. Each restricted stock unit represents a contingent right to receive one share of Beasley Broadcast Group Class A Common Stock once the specified vesting conditions are satisfied.