BRC Inc. Insider Report: 8,663 Shares Withheld for Taxes — BRCC
Rhea-AI Filing Summary
Christopher Mondzelewski, President, CEO and Director of BRC Inc. (BRCC), reported a transaction dated 08/15/2025 in which 8,663 shares of Class A common stock were disposed of under code "F" as shares were withheld to satisfy tax withholding on vested restricted stock units at an effective price of $1.51 per share. After the withholding, the reporting person beneficially owns 596,858 shares. The Form 4 was filed as a single reporting person filing and the form is signed by Andrew J. McCormick, as attorney-in-fact on 08/19/2025.
Positive
- Reporting person remains a major holder with 596,858 shares beneficially owned after withholding, preserving alignment with shareholders
- Transaction was tax withholding related (code "F"), indicating administrative disposition rather than an active sale
Negative
- 8,663 shares were withheld, which reduces the reporting person's absolute share count
- Filing executed by attorney-in-fact; while common, it provides less direct signature from the reporting person
Insights
TL;DR: Routine insider tax withholding on vested RSUs; no change in executive role or control.
The reported disposition reflects shares withheld by the issuer to meet the reporting person's tax obligations upon RSU vesting rather than an open-market sale. Such withholdings are standard practice and do not indicate a deliberate reduction of exposure by the executive. Beneficial ownership remains significant at 596,858 shares, preserving alignment with shareholders. The filing was completed and signed via attorney-in-fact, consistent with common administrative practice.
TL;DR: Small, non-dispositive transaction; immaterial to ownership percentage but the cash-equivalent price is disclosed.
The Form 4 records 8,663 shares withheld at an indicated price of $1.51 per share to satisfy tax withholding from RSU vesting. The transaction code "F" and the explanation confirm this is withholding rather than a sale. From an investor-impact perspective this is routine and unlikely to affect float or market supply meaningfully given the remaining reported holdings of 596,858 shares. The precise withholding quantity and per-share amount are helpful for transparency.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 8,663 | $1.51 | $13K |
Footnotes (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.
FAQ
What did Christopher Mondzelewski report on the BRCC Form 4?
When was the Form 4 signed and who signed it?
AI-generated analysis. How Rhea-AI works. Not financial advice.