Black Rock Coffee Bar officer buys 7,100 shares
Black Rock Coffee Bar, Inc. principal accounting officer Michael Ryan Schmidt reported an open-market purchase of Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Black Rock Coffee Bar, Inc. principal accounting officer Michael Ryan Schmidt reported an open-market purchase of Class A Common Stock. On May 20, 2026, he bought 7,100 shares at a weighted average price of $6.98 per share in multiple transactions, bringing his direct holdings to 7,100 shares.
Insider Trade Summary
Net Buyer: 7,100 shares
Net Buy
1 txn
Insider
Schmidt Michael Ryan
Role
Principal Accounting Officer
Bought
7,100 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 7,100 | $6.98 | $50K |
Holdings After Transaction:
Class A Common Stock — 7,100 shares (Direct)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average of the purchase prices. These shares were purchased in multiple transactions, all of which were at $6.98. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased: 7,100 shares
Purchase price: $6.98 per share
Shares held after transaction: 7,100 shares
3 metrics
Shares purchased
7,100 shares
Open-market buy of Class A Common Stock on May 20, 2026
Purchase price
$6.98 per share
Weighted average price for the May 20, 2026 buy
Shares held after transaction
7,100 shares
Total direct Class A Common holdings following the purchase
Key Terms
open-market purchase, Class A Common Stock, principal accounting officer, weighted average
4 terms
open-market purchase financial
"reported an open-market purchase of Class A Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class A Common Stock financial
"reported an open-market purchase 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.
principal accounting officer financial
"principal accounting officer Michael Ryan Schmidt reported an open-market purchase"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
weighted average financial
"at a weighted average price of $6.98 per share in multiple transactions"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BRCB report for Michael Ryan Schmidt?
Black Rock Coffee Bar reported that principal accounting officer Michael Ryan Schmidt bought 7,100 Class A Common shares. The open-market purchase occurred on May 20, 2026, at a weighted average price of $6.98 per share, and represents his entire directly held position after the trade.
Was the BRCB insider transaction a purchase or a sale?
The reported transaction was a purchase of shares, not a sale. The Form 4 classifies it as an open-market purchase of 7,100 shares of Class A Common Stock at a weighted average price of $6.98, increasing the insider’s direct holdings to that same share count.
Did the BRCB insider use derivatives or options in this transaction?
No, the Form 4 shows only a non-derivative transaction in Class A Common Stock. It reports a single open-market purchase of 7,100 shares, and the derivative summary section is empty, indicating no options, warrants, or other derivative securities were involved in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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