BRC Inc. (BRCC) officer withholds 3,925 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRC Inc. principal accounting officer Robert Henry reported a tax-related share disposition. On this Form 4, 3,925 shares of Class A Common Stock were withheld by the company at $0.7844 per share to cover his tax obligations upon restricted stock unit vesting. After this withholding, he directly holds 230,016 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Robert Henry
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,925 | $0.7844 | $3K |
Holdings After Transaction:
Class A Common Stock — 230,016 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BRC Inc. (BRCC) report for Robert Henry?
BRC Inc. reported that principal accounting officer Robert Henry had 3,925 Class A shares withheld. These shares were used to satisfy tax obligations tied to vesting restricted stock units, rather than an open-market sale, and were processed at $0.7844 per share.
Was the BRC Inc. (BRCC) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The issuer retained 3,925 shares to cover Robert Henry’s tax obligations when his restricted stock units vested, consistent with transaction code F and its description.
What does transaction code F mean in the BRC Inc. (BRCC) Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 3,925 shares of BRC Inc. Class A stock were withheld by the issuer to satisfy Robert Henry’s tax obligations tied to restricted stock unit vesting.