Barfresh (BRFH) CEO receives 31,848-share stock grant and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barfresh Food Group director and CEO Riccardo Delle Coste reported receiving 31,848 shares of Common Stock on April 15, 2026 as a stock grant. The filing describes this as the settlement of performance units in stock, net of 11,804 shares withheld to cover withholding tax liability.
After the grant, Delle Coste directly holds 119,462 Common shares and a range of equity-linked instruments, including a 10% Series A convertible note convertible into 10,345 Common shares at $2.90 per share, a Series R Warrant for 9,375 Common shares at $3.20, and multiple stock options, each for 19,231 Common shares with exercise prices between $1.33 and $9.36 and expirations from 2026 to 2033. He also reports indirect ownership of Common Stock through the Delle Coste Family Trust and RD Capital Holdings Pty Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
Delle Coste Riccardo
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,848 | $0.00 | -- |
| holding | 10% Series A convertible note | -- | -- | -- |
| holding | Series R Warrant (Right to buy) | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 119,462 shares (Direct);
10% Series A convertible note — 10,345 shares (Direct);
Series R Warrant (Right to buy) — 9,375 shares (Direct);
Stock option — 19,231 shares (Direct);
Common Stock — 6,782 shares (Indirect, Delle Coste Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock grant received: 31,848 shares
Shares withheld for tax: 11,804 shares
Direct common shares after grant: 119,462 shares
+5 more
8 metrics
Stock grant received
31,848 shares
Common Stock award on April 15, 2026
Shares withheld for tax
11,804 shares
Withheld to satisfy withholding tax liability on performance unit settlement
Direct common shares after grant
119,462 shares
Direct BRFH Common Stock holding following reported transaction
Convertible note underlying shares
10,345 shares at $2.90
10% Series A convertible note into Common Stock
Series R Warrant underlying shares
9,375 shares at $3.20
Series R Warrant (Right to buy) Common Stock
Representative stock option grant
19,231 shares at $2.76
Stock option exercisable for Common Stock, expiring 2033-04-25
Indirect trust holding
6,782 shares
Common Stock held indirectly via Delle Coste Family Trust
Indirect RD Capital holding
1,642,022 shares
Common Stock held indirectly via RD Capital Holdings Pty Ltd
Key Terms
performance units, 10% Series A convertible note, Series R Warrant (Right to buy), Stock option, +1 more
5 terms
performance units financial
"Represents the settlement of performance units in stock, net of 11,804 shares…"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
10% Series A convertible note financial
"security_title: "10% Series A convertible note" … underlying_security_title: "Common Stock""
Series R Warrant (Right to buy) financial
"security_title: "Series R Warrant (Right to buy)" … underlying_security_title: "Common Stock""
Stock option financial
"security_title: "Stock option" … underlying_security_title: "Common Stock""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
withholding tax liability financial
"net of 11,804 shares withheld to satisfy the withholding tax liability"
FAQ
What insider transaction did BRFH CEO Riccardo Delle Coste report?
Riccardo Delle Coste reported receiving 31,848 Barfresh (BRFH) common shares as a stock grant. The grant reflects settlement of performance units in stock, with additional shares withheld to satisfy related tax obligations, and updates his reported direct and indirect ownership positions.
What derivative securities linked to BRFH stock does the CEO hold?
The filing lists a 10% Series A convertible note for 10,345 underlying BRFH shares at $2.90, a Series R Warrant for 9,375 shares at $3.20, and several stock option grants. Each option covers 19,231 shares with exercise prices between $1.33 and $9.36 and various expiration dates.
Is this BRFH Form 4 an open-market purchase or compensation grant?
This Form 4 reflects a compensation-related stock grant, not an open-market purchase. The 31,848 BRFH shares were received at a reported price of $0.00 per share as settlement of performance units, with some shares withheld to cover the associated tax liability.