STOCK TITAN

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.

(Neutral)
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Form Type
4

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 McCormick Andrew J.
Role Gen. Counsel & Corp. Secretary
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 756 $9.36 $7K
Holdings After Transaction: Class A Common Stock — 52,426 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. This amount reflects the one-for-ten (1:10) reverse stock split effected by the Issuer on August 21, 2026.
Shares withheld for taxes 756 shares Class A Common Stock withheld on September 18, 2026 for tax withholding obligations
Per-share value for tax withholding $9.36 per share Value per share for the 756 shares withheld on September 18, 2026
Shares held after transaction 52,426 shares Direct holdings of Class A Common Stock by Andrew J. McCormick after the September 18, 2026 transaction
Reverse stock split ratio 1-for-10 reverse split Reverse stock split effected on August 21, 2026
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.
reverse stock split financial
"reflects the one-for-ten (1:10) reverse stock split effected by the Issuer"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations in connection"
Class A Common Stock financial
"Represents shares withheld by the Issuer"
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

BRC Inc. reported that Andrew J. McCormick had 756 shares of Class A Common Stock withheld on September 18, 2026 to satisfy tax withholding obligations arising from vesting restricted stock units.

Was the BRCC insider transaction by Andrew J. McCormick a market sale?

No. The filing describes the transaction as shares withheld to satisfy tax withholding obligations in connection with vesting restricted stock units, not an open-market sale.

How many BRCC shares does Andrew J. McCormick hold after this transaction?

After the tax-related share withholding, Andrew J. McCormick directly holds 52,426 shares of BRC Inc. Class A Common Stock, as reflected in the filing after the reverse stock split adjustment.

At what price were the BRCC shares withheld for Andrew J. McCormick’s taxes?

The 756 shares withheld to cover taxes were valued at $9.36 per share, according to the reported per-share amount for the transaction.

Was Andrew J. McCormick’s BRCC transaction under a Rule 10b5-1 trading plan?

No. The filing does not identify this transaction as made under a Rule 10b5-1 trading plan; the plan-related checkbox is not affirmed.

Did BRC Inc. (BRCC) disclose a reverse stock split affecting this insider’s holdings?

Yes. A footnote explains that the reported post-transaction share amount reflects a one-for-ten (1:10) reverse stock split effected by BRC Inc. on August 21, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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)
09/18/2026
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 Stock09/18/2026F756(1)D$9.3652,426(2)D
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.
2. This amount reflects the one-for-ten (1:10) reverse stock split effected by the Issuer on August 21, 2026.
Remarks:
/s/ Andrew McCormick09/22/2026
** 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)

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