Beasley president vests 1,875 RSUs, covers taxes
Beasley Broadcast Group president Bruce G. Beasley reported routine equity compensation activity involving Class A Common Stock.
Rhea-AI Filing Summary
Beasley Broadcast Group president Bruce G. Beasley reported routine equity compensation activity involving Class A Common Stock. On June 30, 2026, he exercised 1,875 Restricted Stock Units, converting them into the same number of Class A shares at a stated price of $0.00 per share.
To cover tax obligations tied to this vesting, 518 Class A shares were disposed of through a tax-withholding transaction at $26.13 per share, rather than an open-market sale. Following these transactions, he directly holds 25,834 Class A shares, and 1,875 Restricted Stock Units remain outstanding, each representing a contingent right to receive one Class A share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,875 shares exercised/converted
Exercise
3 txns
Insider
BEASLEY BRUCE G
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,875 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,875 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 518 | $26.13 | $14K |
Holdings After Transaction:
Restricted Stock Units — 1,875 contracts (Direct);
Class A Common Stock — 25,834 shares (Direct)
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
RSUs exercised: 1,875 units
Tax-withholding shares: 518 shares
Tax-withholding price: $26.13 per share
+3 more
6 metrics
RSUs exercised
1,875 units
Converted into 1,875 Class A Common shares on June 30, 2026
Tax-withholding shares
518 shares
Class A shares disposed of to cover tax obligations
Tax-withholding price
$26.13 per share
Value assigned to 518 withheld Class A shares
Direct holdings after disposition
25,834 shares
Class A Common Stock directly held after tax-withholding transaction
RSU holdings after transaction
1,875 units
Restricted Stock Units remaining outstanding after reported activity
Exercise price for RSUs
$0.00 per unit
Reported conversion price on RSU exercise into Class A shares
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, Class A Common Stock
4 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
"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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BBGI president Bruce Beasley report?
Bruce G. Beasley reported routine equity compensation activity. He exercised 1,875 Restricted Stock Units into Class A Common Stock and had 518 shares withheld to satisfy tax obligations tied to the vesting, rather than executing an open-market trade.
Did Bruce Beasley buy or sell BBGI stock on the open market?
The filing does not show open-market buying or selling. It reports an RSU exercise that converted 1,875 units into Class A shares and a tax-withholding disposition of 518 shares, a mechanism for paying taxes rather than a discretionary market trade.
What are Restricted Stock Units in the BBGI Form 4 filing?
Restricted Stock Units are compensation awards that convert into shares over time. Each BBGI RSU represents a contingent right to receive one share of Class A Common Stock, typically subject to vesting conditions such as continued service or time-based schedules.
What price is associated with the BBGI tax-withholding disposition?
The tax-withholding disposition is reported at $26.13 per share for 518 Class A shares. This transaction reflects shares withheld to cover tax liabilities tied to the RSU vesting, rather than a standard open-market sale of Beasley Broadcast Group stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
