Birks Group (BGI) executive details large deferred share unit holdings on Form 3

Rhea-AI Filing Summary

Birks Group Inc. executive Niccolo Rossi di Montelera has filed an initial ownership report showing deferred share units tied to Class A voting shares. The filing lists 110,588 share-settled deferred share units, each exercisable for one Class A voting share after departure from the board and by December 31 of the following year. It also shows 75,904 cash-settled deferred share units, which provide a cash payment equal to the stock price on the departure date times the number of units, generally after departure and by December 31 of the year after leaving the board.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rossi di Montelera Niccolo

Role Exec Chairman & Interim CEO

Type	Security	Shares	Price	Value
holding	Class A voting shares	--	--	--
holding	Class A voting shares	--	--	--

Holdings After Transaction: Class A voting shares — 110,588 shares (Direct)

Footnotes (1)

1. After departure from Board December 31 of the following year after departure from Board DSUs allow the reporting person to exercise the DSUs and receive one share per DSU After departure from Board December 31 of the year after departure from Board DSUs allow the reporting person to exercise the DSUs and receive a cash value equivalent to the value of the stock price on the departure date times the number of DSUs

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Rossi di Montelera Niccolo

(Last) (First) (Middle)

C/O BIRKS GROUP INC.

200-2020 BLVD ROBERT-BOURASSA

(Street)

MONTREAL A8 H3A 2A5

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/13/2026

3. Issuer Name and Ticker or Trading Symbol
BIRKS GROUP INC. [ BGI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec Chairman & Interim CEO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A voting shares	(1)	(2)	Share-Settled deferred Share Units (DSUs)(3)	110,588	$0	D
Class A voting shares	(4)	(5)	Cash-Settled Deferred Share Units (DSUs)(6)	75,904	$0	D

Explanation of Responses:

1. After departure from Board

2. December 31 of the following year after departure from Board

3. DSUs allow the reporting person to exercise the DSUs and receive one share per DSU

4. After departure from Board

5. December 31 of the year after departure from Board

6. DSUs allow the reporting person to exercise the DSUs and receive a cash value equivalent to the value of the stock price on the departure date times the number of DSUs

Remarks:

NOTE: This is an initial Form 3 filing as an owner of securities of a Foreign Private Issuer

	Helene Delaney by power of attorney	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Birks Group (BGI) executive Niccolo Rossi di Montelera report on this Form 3?

The Form 3 shows initial holdings of deferred share units linked to Birks Group Class A voting shares. It reports 110,588 share-settled units and 75,904 cash-settled units, establishing his equity-linked position as an executive and board member.

How many share-settled deferred share units does the BGI executive hold?

Niccolo Rossi di Montelera holds 110,588 share-settled deferred share units. Each unit can be exercised to receive one Class A voting share after his departure from the board, generally by December 31 of the following year, according to the disclosure footnotes.

What are the terms of the cash-settled deferred share units reported for Birks Group (BGI)?

He holds 75,904 cash-settled deferred share units. These allow him to receive a cash value equal to the Birks Group stock price on his departure date multiplied by the number of units, typically payable after departure and by December 31 of the following year.

Does this Birks Group (BGI) Form 3 show insider buying or selling activity?

The Form 3 does not show new buying or selling. It is an initial ownership report listing existing deferred share unit holdings, with transaction codes and summaries indicating no open-market purchases or sales associated with this filing.

When can the Birks Group (BGI) deferred share units be exercised or settled?

The footnotes state exercise or settlement occurs after departure from the board. Share-settled units convert to shares by December 31 of the following year, while cash-settled units are generally paid by December 31 of the year after departure.