STOCK TITAN

[Form 4] BRC Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

BRC Inc. (BRCC) disclosed that a director reported acquiring 124,113 Class A shares on 10/23/2025 via restricted stock unit (RSU) awards at $0. Following the transaction, the reporting person beneficially owns 1,192,595 shares directly and 339,953 shares indirectly through a family trust.

The RSU grant consists of 35,461 RSUs received in lieu of annual board retainer fees that vest in four quarterly installments beginning on the grant date until July 7, 2026, and 88,652 RSUs that vest on July 7, 2026. Each RSU represents the right to receive one share of Class A Common Stock upon settlement for no consideration.

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*
Kadenacy Stephen M

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

(Street)
WEST VALLEY 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/23/2025
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(1) 10/23/2025 A 124,113 A $0 1,192,595 D
Class A Common Stock 339,953 I By Family Trust
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 awards of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc. in the form of (i) 35,461 restricted stock units acquired by the reporting person in lieu of annual board retainer fees that vest in four quarterly installments beginning on the grant date until July 7, 2026, and (ii) 88,652 restricted stock units that vest on July 7, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement for no consideration.
/s/ Andrew McCormick, as attorney in fact 10/27/2025
** 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 did BRCC (BRCC) disclose in this Form 4?

A director reported acquiring 124,113 Class A shares on 10/23/2025 through RSU awards at $0.

How many shares does the reporting person hold after the transaction?

Post-transaction holdings are 1,192,595 shares directly and 339,953 shares indirectly via a family trust.

What is the composition of the 124,113 RSUs reported by BRCC?

They include 35,461 RSUs in lieu of board fees vesting quarterly and 88,652 RSUs vesting on July 7, 2026.

Do the RSUs correspond to one share each?

Yes. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement for no consideration.

When do the RSUs vest?

Board fee RSUs vest in four quarterly installments beginning on the grant date until July 7, 2026; the remaining 88,652 RSUs vest on July 7, 2026.

What is the issuer and ticker in this filing?

The issuer is BRC Inc. with ticker BRCC.
BRC INC

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