BRC Inc. (BRCC) director receives 80,645 RSU award, boosting holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Landis Melvin F III reported acquisition or exercise transactions in this Form 4 filing.
BRC Inc. director Landis Melvin F III received an equity compensation grant of 80,645 restricted stock units on June 1, 2026 under the company’s 2022 Omnibus Incentive Plan. These units vest on the first anniversary of the grant date, with each unit settling into one share of Class A Common Stock for no cash payment. Following this award, he directly holds 229,909 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Landis Melvin F III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 80,645 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 229,909 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 80,645 units
Post-grant holdings: 229,909 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSU grant size
80,645 units
Restricted stock units granted on June 1, 2026
Post-grant holdings
229,909 shares
Class A Common Stock held directly after transaction
Grant price
$0.00 per share
Equity award at no cash consideration
Vesting schedule
1-year cliff
Vests on first anniversary of June 1, 2026 grant
Conversion ratio
1 share per unit
Each RSU settles into one Class A share
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"
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
"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"
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 insider transaction did BRC Inc. (BRCC) report for Landis Melvin F III?
BRC Inc. reported that director Landis Melvin F III received a grant of 80,645 restricted stock units on June 1, 2026. The grant is an equity award under the 2022 Omnibus Incentive Plan, not an open-market share purchase or sale.
What are the terms of the 80,645 restricted stock units granted by BRC Inc. (BRCC)?
The 80,645 restricted stock units vest on the first anniversary of the June 1, 2026 grant date. Each restricted stock unit converts into one share of BRC Inc. Class A Common Stock upon settlement, with no cash consideration required from the director.
Is the BRC Inc. (BRCC) Form 4 transaction a stock purchase or a compensation award?
The Form 4 transaction is a compensation award, not a market purchase. It reflects a grant of restricted stock units to director Landis Melvin F III under BRC Inc.’s 2022 Omnibus Incentive Plan at no purchase price per share.
When do the newly granted BRC Inc. (BRCC) restricted stock units vest?
The restricted stock units granted on June 1, 2026 vest on the first anniversary of the grant date. After vesting, each unit entitles Landis Melvin F III to receive one share of Class A Common Stock upon settlement without paying cash.