BRC counsel has 756 shares withheld for taxes
BRC Inc.’s General Counsel had shares withheld for taxes on RSU vesting and now holds 52,426 shares after a recent 1-for-10 reverse split.
Rhea-AI Filing Summary
BRC Inc. (BRCC) reported that its General Counsel and Corporate Secretary, Andrew J. McCormick, had 756 shares of Class A Common Stock withheld on September 18, 2026 to satisfy tax withholding obligations related to vesting restricted stock units. After this tax-related disposition, he directly held 52,426 shares.
No Rule 10b5-1 trading plan is reported for this transaction, and the reported post-transaction holdings reflect the company’s one-for-ten reverse stock split effected on August 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 756 | $9.36 | $7K |
Footnotes (2)
- F1. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
- F2. This amount reflects the one-for-ten (1:10) reverse stock split effected by the Issuer on August 21, 2026.
Key Figures
Key Terms
restricted stock units financial
reverse stock split financial
tax withholding obligations financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BRC Inc. (BRCC) report for Andrew J. McCormick?
Was the BRCC insider transaction by Andrew J. McCormick a market sale?
Was Andrew J. McCormick’s BRCC transaction under a Rule 10b5-1 trading plan?
Did BRC Inc. (BRCC) disclose a reverse stock split affecting this insider’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.