BRC Inc. (BRCC) director receives 80,645-share RSU award and reports holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadenacy Stephen M reported acquisition or exercise transactions in this Form 4 filing.
BRC Inc. director Stephen M. Kadenacy reported a stock-based compensation grant and his current holdings in Class A Common Stock. He received an award of 80,645 restricted stock units that were granted for no cash consideration and are scheduled to vest on the first anniversary of the grant date.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon settlement. Following this award, Kadenacy directly holds 1,273,240 shares of Class A Common Stock and indirectly holds 339,953 shares through a family trust, showing his total reported equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kadenacy Stephen M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 80,645 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,273,240 shares (Direct, null);
Class A Common Stock — 339,953 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
RSU award size: 80,645 units
Grant price: $0.0000 per share
Direct holdings after grant: 1,273,240 shares
+2 more
5 metrics
RSU award size
80,645 units
Restricted stock units granted in Class A Common Stock
Grant price
$0.0000 per share
No cash consideration for RSU award
Direct holdings after grant
1,273,240 shares
Class A Common Stock held directly after reported award
Indirect holdings
339,953 shares
Class A Common Stock held indirectly by family trust
Vesting schedule
First anniversary
RSUs vest on first anniversary of grant date
Key Terms
restricted stock units, 2022 Omnibus Incentive Plan, contingent right, Class A Common Stock, +1 more
5 terms
restricted stock units financial
"Represents an award of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc."
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
"Represents an award of restricted stock units under the 2022 Omnibus Incentive Plan of BRC Inc."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock"
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.
family trust financial
"direct_or_indirect": "I","nature_of_ownership": "By Family Trust""