BRC director granted 80,645 RSUs in BRCC stock
MORIARTY SEAN P reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MORIARTY SEAN P reported acquisition or exercise transactions in this Form 4 filing.
BRC Inc. director Sean P. Moriarty received a grant of 80,645 restricted stock units (RSUs) of Class A Common Stock as compensation. The award was made at no cash cost to him and is scheduled to vest on the first anniversary of the grant date.
Each RSU represents the right to receive one share of Class A Common Stock upon settlement for no consideration, so the grant increases his future equity-based incentive in the company. After this award, Moriarty holds 268,727 shares of Class A Common Stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 80,645 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc. that vest on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon settlement for no consideration.
Key Figures
Key Terms
restricted stock units financial
2022 Omnibus Incentive Plan financial
Class A Common Stock financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BRC Inc. (BRCC) director Sean P. Moriarty report in this Form 4?
What are the vesting terms of Sean P. Moriarty’s BRCC restricted stock units?
What does each restricted stock unit granted to Sean P. Moriarty represent?
Under which plan were Sean P. Moriarty’s BRCC restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.