BRC Inc. (BRCC) director receives 80,645 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hutmacher Clayton M reported acquisition or exercise transactions in this Form 4 filing.
BRC Inc. director Clayton M. Hutmacher received a grant of 80,645 shares of Class A Common Stock in the form of restricted stock units. The award was made at no cash cost to him as compensation, not as an open‑market purchase.
The restricted stock units were granted under BRC Inc.'s 2022 Omnibus Incentive Plan and vest on the first anniversary of the grant date, subject to their terms. After this grant, Hutmacher directly holds 223,872 shares of Class A Common Stock, showing his total reported equity position following the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hutmacher Clayton M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 80,645 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 223,872 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 80,645 units
Price per share for award: $0.0000 per share
Shares owned after transaction: 223,872 shares
+1 more
4 metrics
Restricted stock units granted
80,645 units
Award of Class A Common Stock RSUs to director
Price per share for award
$0.0000 per share
No consideration paid for RSU-based shares
Shares owned after transaction
223,872 shares
Total direct Class A Common Stock following award
Vesting schedule
First anniversary of grant date
RSUs vest after one-year service period
Key Terms
restricted stock units, 2022 Omnibus Incentive Plan, Class A Common Stock, Form 4
4 terms
restricted stock units financial
"Represents an award of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc."
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.
2022 Omnibus Incentive Plan financial
"Represents an award of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc."
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon settlement"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did BRC Inc. director Clayton Hutmacher acquire in this Form 4?
Clayton M. Hutmacher received 80,645 restricted stock units of BRC Inc. Class A Common Stock. These units are a compensation award rather than a market purchase and entitle him to receive one share per unit upon settlement.
How do the BRC Inc. restricted stock units granted to Clayton Hutmacher vest?
The restricted stock units granted to Clayton Hutmacher vest on the first anniversary of the grant date. Vesting means he must satisfy the time-based condition before receiving the underlying Class A Common Stock shares without paying consideration.
Under which plan were Clayton Hutmacher’s BRC Inc. restricted stock units granted?
The restricted stock units were granted under BRC Inc.'s 2022 Omnibus Incentive Plan. This plan provides equity-based awards like restricted stock units to directors and other participants as part of their overall compensation structure.