STOCK TITAN

BRC Inc. (BRCC) counsel reports RSU tax-withholding of 2,227 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BRC Inc. reported a routine insider share disposition tied to taxes rather than market trading. General Counsel and Corporate Secretary Andrew J. McCormick had 2,227 shares of Class A Common Stock withheld by the company to cover tax obligations from vesting restricted stock units. This was recorded at an effective price of $0.9752 per share and reflects a tax-withholding mechanism, not an open-market sale. After this transaction, McCormick directly holds 531,773 Class A shares, indicating he retains a substantial equity stake following the RSU vesting event.

Positive

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Insider McCormick Andrew J.
Role Gen. Counsel & Corp. Secretary
Type Security Shares Price Value
Tax Withholding Class A Common Stock 2,227 $0.9752 $2K
Holdings After Transaction: Class A Common Stock — 531,773 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 2,227 shares Shares withheld to satisfy tax obligations on RSU vesting
Effective price per share $0.9752 per share Value used for the 2,227 tax-withheld shares
Shares held after transaction 531,773 shares Direct Class A Common Stock holdings post-transaction
restricted stock units financial
"in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations"
Class A Common Stock financial
"security_title": "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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McCormick Andrew J.

(Last)(First)(Middle)
C/O BRC INC., 3131 W. 2210 S., SUITE C

(Street)
WEST VALLEY CITY UTAH 84119

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BRC Inc. [ BRCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Gen. Counsel & Corp. Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/21/2026F2,227(1)D$0.9752531,773D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
Remarks:
/s/ Andrew McCormick04/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BRC Inc. (BRCC) report for Andrew J. McCormick?

BRC Inc. reported that General Counsel Andrew J. McCormick had 2,227 Class A shares withheld to satisfy tax obligations from vesting restricted stock units. This Form 4 event reflects administrative tax withholding rather than an open-market stock sale or purchase.

Was the BRCC Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. BRC Inc. withheld 2,227 Class A shares to cover Andrew J. McCormick’s tax obligations when restricted stock units vested, according to the filing footnote.

How many BRC Inc. (BRCC) shares were involved in the tax withholding?

The filing reports that 2,227 shares of BRC Inc. Class A Common Stock were withheld. These shares satisfied Andrew J. McCormick’s tax obligations related to the vesting of restricted stock units, at an effective price of $0.9752 per share.

How many BRC Inc. shares does Andrew J. McCormick hold after this Form 4 transaction?

After the tax-withholding disposition, Andrew J. McCormick directly holds 531,773 shares of BRC Inc. Class A Common Stock. This post-transaction figure in the Form 4 shows he maintains a significant ongoing equity position with the company.

What does transaction code "F" mean in the BRCC Form 4 filing?

Transaction code "F" indicates shares were used to pay an exercise price or tax liability. In this BRCC filing, 2,227 shares were withheld by the issuer to satisfy Andrew J. McCormick’s tax withholding obligations from vesting restricted stock units.

What role does Andrew J. McCormick hold at BRC Inc. (BRCC)?

The Form 4 identifies Andrew J. McCormick as BRC Inc.’s General Counsel and Corporate Secretary. His reported transaction reflects tax-withholding on equity compensation, aligning with his status as an executive officer receiving restricted stock unit awards.