STOCK TITAN

BRC Inc. (BRCC) GC has shares withheld for RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BRC Inc. reported an insider tax-related share disposition by its General Counsel and Corporate Secretary, Andrew J. McCormick. On the vesting of restricted stock units, the company withheld 2,877 shares of Class A common stock at $0.62 per share to cover his tax obligations. After this withholding, McCormick directly owns 410,937 Class A shares. This Form 4 reflects a tax-withholding disposition rather than an open-market sale.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McCormick Andrew J.

(Last) (First) (Middle)
C/O BRC INC., 3131 W. 2210 S., SUITE C

(Street)
WEST VALLEY CITY UT 84119

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BRC Inc. [ BRCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Gen. Counsel & Corp. Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/23/2026 F 2,877(1) D $0.62 410,937 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
Remarks:
/s/ Andrew McCormick 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BRC Inc. (BRCC) report for Andrew J. McCormick?

BRC Inc. reported a tax-related share disposition for Andrew J. McCormick. The company withheld 2,877 Class A shares upon restricted stock unit vesting to satisfy his tax obligations, a routine non-market transaction under Form 4 reporting rules.

How many BRC Inc. (BRCC) shares were withheld for Andrew McCormick’s taxes?

BRC Inc. withheld 2,877 Class A common shares for Andrew McCormick’s tax obligations. These shares were retained by the company when his restricted stock units vested, rather than being sold on the open market to generate cash for taxes.

At what price were Andrew McCormick’s withheld BRC Inc. (BRCC) shares valued?

The withheld BRC Inc. shares for Andrew McCormick’s tax obligations were valued at $0.62 per share. This price is used solely for reporting the value of the 2,877 withheld shares in the Form 4 filing, not as a market trade price.

How many BRC Inc. (BRCC) shares does Andrew McCormick own after this Form 4 transaction?

After the tax-withholding disposition, Andrew McCormick directly owns 410,937 Class A BRC Inc. shares. This figure reflects his holdings following the company’s retention of 2,877 shares to cover taxes on vested restricted stock units.

Was Andrew McCormick’s BRC Inc. (BRCC) Form 4 a market sale of shares?

The Form 4 does not report a market sale by Andrew McCormick. Instead, it shows 2,877 shares withheld by BRC Inc. to satisfy his tax obligations when restricted stock units vested, a common administrative disposition rather than a discretionary share sale.
BRC INC

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71.61M
92.03M
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United States
WEST VALLEY CITY