BRC Inc. (BRCC) CEO settles RSU tax bill with 6,538 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRC Inc. President and CEO Christopher Mondzelewski reported a routine tax-related share disposition. On May 5, 2026, 6,538 shares of Class A Common Stock were withheld by the company at $1.35 per share to cover his tax withholding obligations from restricted stock unit vesting. After this withholding, he directly holds 1,404,765 shares of Class A Common Stock. This event reflects compensation-related tax settlement rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mondzelewski Christopher
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,538 | $1.35 | $9K |
Holdings After Transaction:
Class A Common Stock — 1,404,765 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 6,538 shares
Implied share value: $1.35 per share
Shares held after transaction: 1,404,765 shares
+1 more
4 metrics
Shares withheld for taxes
6,538 shares
Tax-withholding disposition on May 5, 2026
Implied share value
$1.35 per share
Value used for withheld Class A Common Stock
Shares held after transaction
1,404,765 shares
Direct Class A Common Stock holdings post-transaction
Tax-withholding share count
6,538 shares
Reported in transactionSummary as taxWithholdingShares
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock, tax-withholding disposition
4 terms
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.
FAQ
What did BRCC President and CEO Christopher Mondzelewski report in this Form 4?
He reported a tax-withholding disposition of BRC Inc. Class A Common Stock. The company withheld shares to cover taxes due when his restricted stock units vested, a standard compensation-related mechanism rather than an open-market trade.
Was this BRCC Form 4 transaction an open-market sale by the CEO?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The issuer withheld shares to pay Mondzelewski’s tax obligations arising from restricted stock unit vesting, as explicitly stated in the filing’s footnote.