BRC Inc. officer covers RSU taxes with shares
BRC Inc. Principal Accounting Officer Robert Henry Lee reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
BRC Inc. Principal Accounting Officer Robert Henry Lee reported a routine tax-related share disposition. On the vesting of restricted stock units, the company withheld 14,825 shares of Class A Common Stock to satisfy his tax withholding obligations. Following this withholding, Lee continues to directly own 215,191 shares of Class A Common Stock, so the event does not reflect an open-market sale or a change in his investment stance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 14,825 | $0.7982 | $12K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Class A Common Stock financial
tax-withholding disposition financial
transaction code F financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BRC Inc. (BRCC) report for Robert Henry Lee?
What transaction code was used in the BRCC Form 4 for this event?
Does this BRCC Form 4 indicate any change in Robert Henry Lee’s investment view?
AI-generated analysis. How Rhea-AI works. Not financial advice.