Brilliant Earth (BRLT) awards $95K in restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jaques Attica reported acquisition or exercise transactions in this Form 4 filing.
Brilliant Earth Group, Inc. director Jaques Attica received a grant of 72,519 shares of Class A common stock in the form of restricted stock units under the company’s non-employee director compensation program. The award value is calculated by dividing $95,000 by the average closing trading price of the Class A common stock over the most recently completed month before the grant date.
The restricted stock units will vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholder’s meeting, if Attica continues to serve through that date. Following this grant, Attica directly holds 288,234 shares of Class A common stock. This is a compensation-related equity award, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jaques Attica
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 72,519 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 288,234 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 72,519 shares
Grant value basis: $95,000
Total shares after grant: 288,234 shares
+1 more
4 metrics
Restricted stock units granted
72,519 shares
Grant of Class A common stock units on June 17, 2026
Grant value basis
$95,000
Target dollar value for annual non-employee director award
Total shares after grant
288,234 shares
Director’s direct Class A common stock holdings following transaction
Grant price per share
$0.00 per share
Compensation grant, not an open-market purchase
Key Terms
restricted stock unit, non-employee directors, average closing trading price, annual stockholder's meeting, +1 more
5 terms
restricted stock unit financial
"Grant of a restricted stock unit award under the Issuer's compensation program for non-employee directors"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
non-employee directors financial
"the Issuer's compensation program for non-employee directors which provides for an annual grant"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
average closing trading price financial
"calculated by dividing (a) $95,000 by (b) the average closing trading price of the Issuer's Class A common stock"
annual stockholder's meeting financial
"The award will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2027 annual stockholder's meeting"
Class A common stock financial
"the Issuer's Class A common stock over the most recent completed month as of the grant date"
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.
FAQ
What did Brilliant Earth (BRLT) director Jaques Attica report on this Form 4?
Director Jaques Attica reported receiving a grant of 72,519 restricted stock units representing Class A common stock as compensation. The award was issued under Brilliant Earth’s non-employee director compensation program rather than through an open-market share purchase.
How is the value of Jaques Attica’s BRLT restricted stock unit grant determined?
The grant is based on a target value of $95,000. Brilliant Earth calculates the number of restricted stock units by dividing $95,000 by the average closing trading price of its Class A common stock over the most recent completed month before the grant date.
When do Jaques Attica’s BRLT restricted stock units vest?
The restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of Brilliant Earth’s 2027 annual stockholder’s meeting. Vesting requires that Attica continue to provide service to the company through the applicable vesting date.
Is Jaques Attica’s Form 4 for BRLT an open-market stock purchase?
No. The Form 4 reports a compensation-related grant of restricted stock units, not an open-market purchase. The award was made under Brilliant Earth’s non-employee director compensation program and carries a grant price of $0.00 per share on the transaction line.
What type of security did Jaques Attica receive from Brilliant Earth (BRLT)?
Jaques Attica received a restricted stock unit award that represents Brilliant Earth’s Class A common stock. These units convert into shares upon vesting, aligning director compensation with shareholder interests while using a fixed $95,000 target value for the annual grant.