STOCK TITAN

BRC Inc.: EKNRH Holdings LLC sells 15,704 shares

The founder was listed with 8,000 directly held Class A shares after the October 13, 2026 transaction; the LLC’s sales followed its June 15, 2026 plan adoption.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

For BRC Inc., reporting person EKNRH Holdings LLC exchanged 15,704 Common Units for an equivalent number of Class A shares and forfeited an equivalent number of Class B shares over October 13–15, 2026. The LLC sold 15,704 Class A shares: 200 on October 13 at a weighted-average price of $10.5075, 200 on October 14 at $10.50, and 15,304 on October 15 at a weighted-average price of $10.62. All amounts reflect BRC Inc.’s one-for-ten reverse stock split effected August 21, 2026.

Insider Hafer Evan, EKNRH Holdings LLC
Role Founder | 10% Owner
Sold 15,704 shs ($167K)
Approx. gross sale proceeds $167K
Type Security Shares Price Value
Conversion Common Units F6, F2 15,304 $0.00 $0.00
Other Class B Common Stock F1, F2 15,304 $0.00 $0.00
Conversion Class A Common Stock F2 15,304 $0.00 $0.00
Sale Class A Common Stock F3, F5 15,304 $10.62 $163K
Conversion Common Units F6, F2 200 $0.00 $0.00
Other Class B Common Stock F1, F2 200 $0.00 $0.00
Conversion Class A Common Stock F2 200 $0.00 $0.00
Sale Class A Common Stock F3 200 $10.50 $2K
Conversion Common Units F6, F2 200 $0.00 $0.00
Other Class B Common Stock F1, F2 200 $0.00 $0.00
Conversion Class A Common Stock F2 200 $0.00 $0.00
Sale Class A Common Stock F3, F4 200 $10.5075 $2K
holding Class A Common Stock -- -- --
Holdings After Transaction: Common Units — 2,798,533 contracts (Indirect, Through EKNRH Holdings LLC); Class B Common Stock — 2,798,533 shares (Indirect, Through EKNRH Holdings LLC); Class A Common Stock — 0 shares (Indirect, Through EKNRH Holdings LLC); Class A Common Stock — 8,000 shares (Direct)
Footnotes (6)
  1. F1. The reported securities provide no economic rights in BRC Inc. (the "Issuer") to the holder thereof but each share of Class B Common Stock ("Class B Share") entitles the holder to one vote as a common stockholder of the Issuer.
  2. F2. Represents the exchange of common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock ("Class A Shares") of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer.
  3. F3. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by EKNRH Holdings LLC on June 15, 2026.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.515, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased or sold at each separate price.
  5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.80, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased or sold at each separate price.
  6. F6. The Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares), at any time and from time to time, for an equivalent number of Class A Shares of the Issuer (or the cash value thereof, at the election of the Issuer).
Common Units exchanged 15,704 units October 13–15, 2026
Class A shares sold 15,704 shares October 13–15, 2026
Weighted-average sale price $10.5075 per share October 13, 2026
Sale price $10.50 per share October 14, 2026
Weighted-average sale price $10.62 per share October 15, 2026
Direct Class A shares held 8,000 shares After the October 13, 2026 transaction
Reverse stock split One-for-ten (1:10) Effected August 21, 2026; reported amounts reflect the split
Common Units technical
"exchange of Common Units for an equivalent number"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
reverse stock split technical
"one-for-ten (1:10) reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BRCC shares did EKNRH Holdings LLC sell, and at what prices?

EKNRH Holdings LLC sold 15,704 Class A shares across October 13–15, 2026: 200 at a weighted-average $10.5075 on October 13, 200 at $10.50 on October 14, and 15,304 at a weighted-average $10.62 on October 15. The sales were made under a Rule 10b5-1 plan adopted June 15, 2026.

What happened to BRCC Class B shares when Common Units were exchanged?

For each Common Unit exchanged, an equivalent number of Class B shares was forfeited in exchange for an equivalent number of Class A shares. Each Class B share entitled its holder to one vote, while the reported securities provided no economic rights to the holder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
X
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*
Hafer Evan

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

(Street)
WEST VALLEY CITY UTAH 84119

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BRC Inc. [ BRCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Founder
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class B Common Stock(1)10/13/2026J(2)200D$02,814,037IThrough EKNRH Holdings LLC
Class A Common Stock10/13/2026C(2)200A$0200IThrough EKNRH Holdings LLC
Class A Common Stock10/13/2026S(3)200D$10.5075(4)0IThrough EKNRH Holdings LLC
Class B Common Stock(1)10/14/2026J(2)200D$02,813,837IThrough EKNRH Holdings LLC
Class A Common Stock10/14/2026C(2)200A$0200IThrough EKNRH Holdings LLC
Class A Common Stock10/14/2026S(3)200D$10.50IThrough EKNRH Holdings LLC
Class B Common Stock(1)10/15/2026J(2)15,304D$02,798,533IThrough EKNRH Holdings LLC
Class A Common Stock10/15/2026C(2)15,304A$015,304IThrough EKNRH Holdings LLC
Class A Common Stock10/15/2026S(3)15,304D$10.62(5)0IThrough EKNRH Holdings LLC
Class A Common Stock8,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Units(6)10/13/2026C(2)20008/09/2022 (6)Class A Common Stock200$02,814,037IThrough EKNRH Holdings LLC
Common Units(6)10/14/2026C(2)20008/09/2022 (6)Class A Common Stock200$02,813,837IThrough EKNRH Holdings LLC
Common Units(6)10/15/2026C(2)15,30408/09/2022 (6)Class A Common Stock15,304$02,798,533IThrough EKNRH Holdings LLC
1. Name and Address of Reporting Person*
Hafer Evan

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

(Street)
WEST VALLEY CITY UTAH 84119

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Founder
1. Name and Address of Reporting Person*
EKNRH Holdings LLC

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

(Street)
WEST VALLEY CITY UTAH 84119

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The reported securities provide no economic rights in BRC Inc. (the "Issuer") to the holder thereof but each share of Class B Common Stock ("Class B Share") entitles the holder to one vote as a common stockholder of the Issuer.
2. Represents the exchange of common units of Authentic Brands LLC (the "Common Units") for an equivalent number of shares of Class A Common Stock ("Class A Shares") of the Issuer and the forfeiture of an equivalent number of Class B Shares of the Issuer.
3. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by EKNRH Holdings LLC on June 15, 2026.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.515, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased or sold at each separate price.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.80, inclusive. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer full information regarding the number of shares purchased or sold at each separate price.
6. The Common Units may be exchanged by the holder (upon forfeiture of an equivalent number of Class B Shares), at any time and from time to time, for an equivalent number of Class A Shares of the Issuer (or the cash value thereof, at the election of the Issuer).
Remarks:
All amounts reflect the one-for-ten (1:10) reverse stock split effected by the Issuer on August 21, 2026.
/s/ Andrew J. McCormick, as attorney-in-fact10/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Keep reading