Bruce G. Beasley (BBGI) updates 8.1% ownership after RSU vesting
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Beasley Broadcast Group, Inc. insider Bruce G. Beasley filed Amendment No. 3 to update his ownership in the company’s Class A Common Stock. He now beneficially owns 84,516 shares, representing 8.1% of the class, through a mix of direct holdings and several family trusts, including Class B shares convertible into Class A on a one-for-one basis.
The ownership percentage is based on 1,042,600 shares of Common Stock, which includes 984,014 shares outstanding and 58,586 Class B shares he holds on an as-converted basis. The filing also notes that on June 30, 2026, he acquired 1,875 shares upon vesting of restricted stock units, with 518 shares withheld for taxes, and that the amounts reflect a 1-for-20 reverse stock split completed on September 23, 2024.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 84,516 shares
Ownership percentage: 8.1%
Shares outstanding basis: 1,042,600 shares
+5 more
8 metrics
Beneficial ownership
84,516 shares
Total Common Stock beneficially owned by Bruce G. Beasley
Ownership percentage
8.1%
Percent of Class A Common Stock represented by 84,516 shares
Shares outstanding basis
1,042,600 shares
Common Stock outstanding on an as-converted basis used for percentage
Class A shares outstanding
984,014 shares
Issuer’s disclosed Common Stock outstanding used in ownership calculation
Convertible Class B held
58,586 shares
Class B Common Stock held by Bruce G. Beasley, convertible one-for-one
RSUs vested
1,875 shares
Common Stock acquired on June 30, 2026 from restricted stock unit vesting
Shares withheld for taxes
518 shares
Common Stock withheld upon RSU vesting on June 30, 2026
Reverse stock split ratio
1-for-20
Reverse stock split on September 23, 2024 reflected in share counts
Key Terms
beneficially owns, Class B Common Stock, reverse stock split, restricted stock units, +2 more
6 terms
beneficially owns financial
"The Reporting Person beneficially owns 84,516 shares of the Issuer's Common Stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Class B Common Stock financial
"24,788 shares of Class B Common Stock, which are convertible into shares of Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
reverse stock split financial
"The amount of shares reported herein reflects a 1-for-20 reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
restricted stock units financial
"the Reporting Person acquired 1,875 shares of Common Stock upon the vesting of restricted stock units"
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.
sole voting power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: 7 | Sole Voting Power 84,516.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13D financial
"amends and supplements the Statement on filed by Bruce G. Beasley ... relating to the Class A Common Stock"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
What does Bruce G. Beasley report in this Schedule 13D/A for BBGI?
Bruce G. Beasley reports updated beneficial ownership of Beasley Broadcast Group Class A Common Stock. He discloses 84,516 shares held directly and through family trusts, reflecting recent equity vesting and a prior 1-for-20 reverse stock split adjustment.
What percentage of Beasley Broadcast Group (BBGI) does Bruce G. Beasley hold?
Bruce G. Beasley’s 84,516 shares represent 8.1% of Beasley Broadcast Group’s Class A Common Stock. The percentage is calculated using 1,042,600 shares outstanding on an as-converted basis, combining issued Class A shares and his convertible Class B holdings.
How is Bruce G. Beasley’s ownership in BBGI structured across different accounts?
Bruce G. Beasley’s 84,516-share stake is split between direct Common Stock and several trusts. These include Class B Common Stock and Common Stock held by the George G. Beasley Trusts and the Bruce G. Beasley Revocable Trust, all aggregated for beneficial ownership reporting.
How did the reverse stock split affect Bruce G. Beasley’s reported BBGI holdings?
The reported 84,516-share amount reflects Beasley Broadcast Group’s 1-for-20 reverse stock split completed on September 23, 2024. All share figures in the filing, including the ownership percentage and underlying trust positions, have been adjusted to account for this reverse split.