Black Rock Coffee Bar (BRCB) director granted 8,949 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Braithwaite Andrew Robert reported acquisition or exercise transactions in this Form 4 filing.
Black Rock Coffee Bar, Inc. director Andrew Robert Braithwaite received an equity award in the form of restricted stock units. He was granted 8,949 RSUs, each representing one share of Class A Common Stock, at a price of $0.00 per unit as compensation rather than an open-market purchase.
The RSUs vest in full on the earlier of May 27, 2027 or the date of the company’s 2027 annual shareholder meeting. Following this grant, Braithwaite directly holds 11,761 shares of Class A Common Stock, reflecting his equity stake tied to the company’s future performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Braithwaite Andrew Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,949 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 11,761 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 8,949 RSUs
Grant price: $0.00 per unit
Shares after grant: 11,761 shares
+1 more
4 metrics
RSU grant size
8,949 RSUs
Grant of restricted stock units to director on May 27, 2026
Grant price
$0.00 per unit
Equity compensation, non-cash award
Shares after grant
11,761 shares
Total Class A Common Stock directly held after transaction
Vesting date trigger
May 27, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, contingent right, annual meeting of the Issuer's shareholders
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"each of which represents a contingent right to receive one share of the Issuer's 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.
contingent right financial
"each of which represents a contingent right to receive one share"
FAQ
What did Black Rock Coffee Bar (BRCB) director Andrew Braithwaite receive in this Form 4?
Director Andrew Braithwaite received 8,949 restricted stock units (RSUs) of Class A Common Stock. Each RSU represents a contingent right to receive one share, granted as equity compensation rather than through an open-market stock purchase.
When do Andrew Braithwaite’s Black Rock Coffee Bar (BRCB) RSUs vest?
The 8,949 RSUs vest in full on the earlier of May 27, 2027 or the date of Black Rock Coffee Bar’s annual shareholder meeting for calendar year 2027, aligning the director’s compensation with the company’s long-term performance.
Was cash paid for the 8,949 Black Rock Coffee Bar (BRCB) RSUs?
No cash was paid for the 8,949 RSUs; the transaction price per unit is listed as $0.00. This indicates the grant is a stock-based compensation award rather than an open-market buy, aligning director incentives with shareholder interests.
What type of security was granted in the Black Rock Coffee Bar (BRCB) Form 4?
The Form 4 reports a grant of restricted stock units tied to Class A Common Stock. Each RSU represents a contingent right to receive one share of Class A Common Stock if vesting conditions are satisfied on or before the 2027 vesting triggers.