Director Hernandez (BRCB) granted 10,739 RSUs in Black Rock Coffee equity award
Rhea-AI Filing Summary
Hernandez Jeffrey Robert reported acquisition or exercise transactions in this Form 4 filing.
Black Rock Coffee Bar, Inc. director and 10% owner Jeffrey Robert Hernandez received a grant of 10,739 restricted stock units representing Class A Common Stock at a stated price of $0.00 per share. Following this award, he directly holds 13,551 shares. The RSUs vest in full on the earlier of May 27, 2027 or the company’s 2027 annual shareholder meeting.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant increases director’s equity stake with future vesting.
The filing shows Black Rock Coffee Bar, Inc. granted 10,739 RSUs to director and 10% owner Jeffrey Robert Hernandez, with no cash paid per share. This is characterized as a grant or award, a standard equity-based compensation tool.
The RSUs vest fully on the earlier of May 27, 2027 or the 2027 annual shareholder meeting, aligning the director’s incentives with long-term performance until that time. After the grant, he directly holds 13,551 shares. The event appears routine and not thesis-changing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,739 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of (x) May 27, 2027 and (y) the date of the annual meeting of the Issuer's shareholders for calendar year 2027.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Class A Common Stock financial
Grant, award, or other acquisition financial
AI-generated analysis. How Rhea-AI works. Not financial advice.