Black Rock Coffee CDO granted RSUs and options
Black Rock Coffee Bar, Inc. Chief Development Officer Jon Patrick Vingo Jr. reported equity compensation grants.
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Form Type
4
Rhea-AI Filing Summary
Black Rock Coffee Bar, Inc. Chief Development Officer Jon Patrick Vingo Jr. reported equity compensation grants. He received 52,374 restricted stock units, each representing one future share of Class A Common Stock, vesting in three roughly equal annual installments beginning on May 14, 2027.
Following this RSU award, he holds 52,418.092 Class A Common shares directly. He was also granted 95,240 stock options for Class A Common Stock at an exercise price of $7.16 per share, which vest in full on May 14, 2029 and expire on May 14, 2036. These grants are compensation awards, not open-market purchases.
Insider Trade Summary
Grant/Award: 147,614 shares
Grant/Award
2 txns
Insider
Vingo Jon Patrick Jr.
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 95,240 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 52,374 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 95,240 contracts (Direct);
Class A Common Stock — 52,418.092 shares (Direct)
Footnotes (2)
- F1. Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in substantially three equal annual installments beginning on May 14, 2027.
- F2. The stock option vests in full on May 14, 2029.
Key Figures
RSU grant: 52,374 RSUs
Post-grant holdings: 52,418.092 shares
Stock options granted: 95,240 options
+3 more
6 metrics
RSU grant
52,374 RSUs
Award of restricted stock units vesting in three annual installments from May 14, 2027
Post-grant holdings
52,418.092 shares
Class A Common Stock held directly after RSU grant
Stock options granted
95,240 options
Options on Class A Common Stock granted as equity compensation
Option exercise price
$7.16 per share
Conversion or exercise price for 95,240 stock options
Option vesting date
May 14, 2029
Stock options vest in full on this date
Option expiration date
May 14, 2036
Expiration date of the granted stock options
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, stock option, vest
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 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.
stock option financial
"The stock option vests in full on May 14, 2029."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vest financial
"The RSUs vest in substantially three equal annual installments beginning on May 14, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BRCB executive Jon Patrick Vingo Jr. receive in this Form 4 filing?
He received equity compensation grants, not open-market purchases. The awards include 52,374 restricted stock units and 95,240 stock options tied to Class A Common Stock, reflecting a mix of time-vested shares and long-term incentive options.
How many restricted stock units did BRCB grant to its Chief Development Officer?
He was granted 52,374 restricted stock units, each linked to one Class A Common share. These RSUs are compensation that convert into shares over time, subject to vesting conditions rather than being bought on the open market.
What are the vesting terms for the BRCB restricted stock units reported?
The RSUs vest in substantially three equal annual installments starting on May 14, 2027. That schedule means the executive earns the underlying Class A Common shares gradually over three years, assuming continued service and satisfaction of the vesting conditions.
What stock options were granted to the BRCB Chief Development Officer and at what price?
He received 95,240 stock options exercisable for Class A Common Stock at an exercise price of $7.16 per share. These options vest in full on May 14, 2029 and expire on May 14, 2036, providing long-term equity-based incentives.
Were the BRCB equity awards in this Form 4 open-market purchases or compensation grants?
They were compensation grants, not market purchases. The filing labels both transactions with code A for grant or award, and the price per share is reported as $0.00, indicating awards granted by the company rather than shares bought in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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