Black Rock Coffee Bar (BRCB) director awarded 10,739 RSUs, holds 13,551 shares
Rhea-AI Filing Summary
Brand Daniel Jordan reported acquisition or exercise transactions in this Form 4 filing.
Black Rock Coffee Bar director and 10% owner Daniel Jordan received an equity award of 10,739 shares of Class A Common Stock in the form of restricted stock units. The award was granted at no cash cost per share as part of his compensation.
The restricted stock units each represent the right to receive one share of Class A Common Stock and will vest in full on the earlier of May 27, 2027 or the date of the company’s 2027 annual shareholder meeting. After this grant, Jordan directly holds 13,551 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insights
Routine equity compensation grant that modestly increases insider’s future share exposure.
The filing shows Daniel Jordan, a director and 10% owner, received 10,739 restricted stock units, each convertible into one share of Class A Common Stock, at a grant price of $0.00 per unit. This is clearly identified as a grant or award, not a market purchase.
The RSUs vest in a single tranche on the earlier of May 27, 2027 or the 2027 annual shareholder meeting, creating a medium-term retention incentive. Following the grant, Jordan directly holds 13,551 shares, indicating this is a modest, compensation-driven increase in his potential ownership rather than a trading signal.
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 financial
Class A Common Stock financial
vest in full financial
10% owner financial
AI-generated analysis. How Rhea-AI works. Not financial advice.