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BRC Inc. (BRCC) sees Evan Hafer report 55.8% beneficial ownership in Class A

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

BRC Inc. received an updated ownership report from Evan Hafer and EKNRH Holdings LLC covering Class A common stock. Evan Hafer is reported as beneficially owning 127,152,467 Class A shares, representing 55.8% of the class based on a share count that includes options, EKNRH-held Class B shares exchangeable into Class A, and shares subject to voting proxies.

Hafer holds 1,226,727 shares with sole voting and dispositive power and has shared voting power over 125,925,740 shares, including proxy shares. EKNRH beneficially owns 28,142,374 exchangeable Class B-linked shares, representing 19.4% of the class. The filing notes these percentages may not reflect Hafer’s actual voting power.

Positive

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Negative

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Evan Hafer beneficial ownership 127,152,467 Class A shares Total beneficially owned, including options, EKNRH Shares and Proxy Shares
Evan Hafer ownership percentage 55.8% Percent of Class A common stock based on adjusted share count
EKNRH Holdings beneficial ownership 28,142,374 shares EKNRH Shares exchangeable into Class A common stock
EKNRH ownership percentage 19.4% Percent of Class A common stock based on Class A plus EKNRH Shares
Class A shares outstanding 119,819,977 shares Class A common shares outstanding as of July 29, 2026
Class B shares outstanding 130,467,486 shares Total outstanding Class B Common Stock as of July 29, 2026
Evan Hafer sole voting power 1,226,727 shares Shares with sole power to vote or direct the vote
Evan Hafer shared voting power 125,925,740 shares Shares with shared power to vote or direct the vote
beneficial ownership financial
"As such, both EKNRH and Evan Hafer may be deemed to have beneficial ownership over the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Class B Common Stock financial
"Class A Shares issuable in respect of 28,142,374 shares of Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
proxy to vote financial
"19,110,338 Class A Shares for which Evan Hafer has a proxy to vote"
Investor Rights Agreement financial
"pursuant to the Investor Rights Agreement (as defined in Amendment No. 1 to this Statement)"
A legally binding contract between a company and its investors that spells out investors’ core protections and privileges—such as voting rights, how and when shares can be sold, information access, and steps for resolving disputes. Think of it like a rulebook or homeowner association agreement for ownership: it clarifies who gets a say, how value can be realized, and what protections exist if things go wrong, making investment risks and expectations clearer for shareholders.
dispositive power financial
"Sole Dispositive Power 1,226,727.00 8 | Shared Dispositive Power 28,142,374.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

How many BRC Inc. (BRCC) shares does Evan Hafer beneficially own?

Evan Hafer is reported as beneficially owning 127,152,467 Class A shares of BRC Inc., representing 55.8% of the class. This total includes option shares, EKNRH exchangeable shares, and additional Class A and Class B proxy shares he has authority to vote.

What is EKNRH Holdings LLC’s ownership stake in BRC Inc. (BRCC)?

EKNRH Holdings LLC beneficially owns 28,142,374 shares tied to Class B stock exchangeable into BRC Inc. Class A shares, representing 19.4% of the class. EKNRH has shared voting and dispositive power over these EKNRH Shares, with Evan Hafer as its sole manager.

How is Evan Hafer’s 55.8% ownership percentage in BRCC calculated?

The 55.8% figure is based on 119,819,977 Class A shares outstanding as of July 29, 2026, plus 28,142,374 EKNRH Shares, 1,146,727 option shares, and 78,673,028 Class B proxy shares, all treated as Class A equivalents for the calculation.

What voting power does Evan Hafer report over BRC Inc. (BRCC) shares?

Evan Hafer reports 1,226,727 shares with sole voting power and 125,925,740 shares with shared voting power. Shared voting power includes EKNRH exchangeable shares and proxy shares he can vote pursuant to an Investor Rights Agreement and related arrangements.

Why might Evan Hafer’s reported BRCC ownership not match his actual voting power?

The ownership percentage includes proxy shares and Class B shares exchangeable into Class A. The company notes that, given 130,467,486 outstanding Class B shares, the reported percentages may not represent Evan Hafer’s actual voting power over all classes combined.

What are the EKNRH Shares referenced in the BRC Inc. (BRCC) ownership filing?

The 28,142,374 EKNRH Shares are Class A shares issuable for an equal number of Class B shares and Common Units held by EKNRH. They are redeemable one-for-one into Class A at Evan Hafer’s option, and both Hafer and EKNRH may be deemed their beneficial owners.

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

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Learn about SEC filing dates





05601U105

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Rows 5 and 7: Includes 1,146,727 shares of Class A Common Stock ("Class A Shares") underlying stock options granted to the Reporting Person under the Issuer's 2022 Omnibus Incentive Plan (the "Option Shares"). Note to Row 6: Represents (i) 28,142,374 Class A Shares issuable in respect of 28,142,374 shares of Class B Common Stock ("Class B Shares") held by EKNRH Holdings LLC (over which the Reporting Person may be deemed the beneficial owner) redeemable (with an equal number of common membership interests in Authentic Brands LLC ("Common Units")) for Class A Shares on a one-to-one basis at the option of the Reporting Person (the "EKNRH Shares"), (ii) 19,110,338 Class A Shares for which Evan Hafer has a proxy to vote based on the most recent information publicly available (the "Class A Proxy Shares") and (iii) an additional 78,673,028 Class A Shares issuable in respect of 78,673,028 Class B Shares (and an equal number of Common Units) for which Evan Hafer has a proxy to vote based on the most recent information publicly available (the "Class B Proxy Shares" and, together with the Class A Proxy Shares, the "Proxy Shares"). Note to Row 8: Represents the EKNRH Shares. Note to Row 9: Includes the Option Shares, the EKNRH Shares and the Proxy Shares. Note to Row 11: Calculated based on (i) the 119,819,977 Class A Shares outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2026 (the "Form 10-Q"), (ii) the 28,142,374 EKNRH Shares, (iii) the 1,146,727 Option Shares and (iv) the 78,673,028 Class B Proxy Shares. As of July 29, 2026, there were 130,467,486 total outstanding Class B Shares. Therefore, the ownership percentage reported may not be representative of the actual voting power of the Reporting Person.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Rows 6, 8 and 9: Represents the 28,142,374 EKNRH Shares. Note to Row 11: Calculated based on (i) the 119,819,977 Class A Shares outstanding as of July 29, 2026, as reported in the Form 10-Q and (ii) the 28,142,374 EKNRH Shares. As of July 29, 2026, there were 130,467,486 total outstanding Class B Shares. Therefore, the ownership percentage reported may not be representative of the actual voting power of the Reporting Person.


SCHEDULE 13G



Evan Hafer
Signature:/s/ Evan Hafer
Name/Title:Evan Hafer
Date:08/14/2026
EKNRH Holdings LLC
Signature:/s/ Evan Hafer
Name/Title:Manager
Date:08/14/2026
Exhibit Information

Exhibit A Joint Filing Agreement, dated as of February 14, 2023 (incorporated by reference to Schedule 13G filed with the Securities and Exchange Commission by Evan Hafer and EKNRH Holdings LLC on February 14, 2023).