Black Rock Coffee Bar (BRCB) director receives 10,739 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FEDERICO RICHARD L reported acquisition or exercise transactions in this Form 4 filing.
Black Rock Coffee Bar director Richard L. Federico received an award of 10,739 restricted stock units (RSUs) of Class A Common Stock as equity compensation. Each RSU represents a right to one share and will vest in full on the earlier of May 27, 2027 or the company’s 2027 annual shareholder meeting. Following this grant, he directly holds 13,551 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FEDERICO RICHARD L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,739 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 13,551 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 10,739 RSUs
Transaction price per share: $0.00 per share
Shares after transaction: 13,551 shares
+1 more
4 metrics
RSU grant size
10,739 RSUs
Award of restricted stock units to director
Transaction price per share
$0.00 per share
Grant/award acquisition, not market purchase
Shares after transaction
13,551 shares
Direct Class A Common Stock holdings post-grant
RSU vesting date trigger
May 27, 2027
Full vesting or earlier at 2027 annual meeting date
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, annual meeting of the Issuer's shareholders
3 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
"receive one share of the Issuer's Class A Common Stock. The RSUs vest in full"
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.
FAQ
What did Black Rock Coffee Bar (BRCB) director Richard Federico receive in this Form 4?
He received an award of 10,739 restricted stock units (RSUs) of Class A Common Stock. Each RSU gives a contingent right to one future share, subject to vesting conditions.
When do the RSUs reported for BRCB director Federico vest?
The RSUs vest in full on the earlier of May 27, 2027 or the date of Black Rock Coffee Bar’s 2027 annual shareholder meeting, according to the filing footnote.
Was there any cash paid for the RSUs granted to the BRCB director?
No cash price was reported for the RSUs; the transaction price per share is listed as $0.00. This indicates a grant or award of equity, not an open-market purchase.
Is this Black Rock Coffee Bar Form 4 a buy or a grant transaction?
The transaction is coded as A, described as a grant, award, or other acquisition. It reflects an equity compensation grant, not a market purchase or sale of existing shares.