BRCB CMO gifts 27,544 LLC Units and Class B shares
Black Rock Coffee Bar, Inc. Chief Marketing Officer Jessica Michele Wegener-Beyer reported a series of bona fide gifts involving both LLC Units and Class B Common Stock.
Rhea-AI Filing Summary
Black Rock Coffee Bar, Inc. Chief Marketing Officer Jessica Michele Wegener-Beyer reported a series of bona fide gifts involving both LLC Units and Class B Common Stock. On the reported date, she transferred 27,544 LLC Units and 27,544 shares of Class B Common Stock from her direct holdings, reducing her direct position in each of those securities to zero.
The same amounts were recorded as indirectly held through the Beyer Family Living Trust, which now holds 27,544 LLC Units and 27,544 shares of Class B Common Stock. The LLC Units are redeemable into Class A Common Stock on a 1‑to‑1 basis, with a corresponding number of Class B shares forfeited upon redemption, and they have no expiration date. These are non-market, zero‑price gift transfers rather than open‑market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | LLC Units | 27,544 | $0.00 | $0.00 |
| Gift | LLC Units | 27,544 | $0.00 | $0.00 |
| Gift | Class B Common Stock | 27,544 | $0.00 | $0.00 |
| Gift | Class B Common Stock | 27,544 | $0.00 | $0.00 |
Footnotes (1)
- F1. The LLC Units may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date.
FAQ
What insider transaction did BRCB’s CMO report on this Form 4?
How many Black Rock Coffee Bar (BRCB) securities were transferred in total?
What is the relationship between BRCB LLC Units and Class A Common Stock?
Who now holds the gifted Black Rock Coffee Bar (BRCB) securities?
Does this BRCB Form 4 indicate any remaining derivative positions for the insider?
AI-generated analysis. How Rhea-AI works. Not financial advice.