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Brilliant Earth Strengthens Board Alignment with $140K Annual Stock Award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brilliant Earth Group (BRLT) director Beth J. Kaplan received a grant of 95,890 restricted stock units (RSUs) on June 18, 2025, as part of the company's non-employee director compensation program. The RSU award was calculated by dividing $140,000 by the average closing trading price of BRLT's Class A common stock over the most recent completed month.

Following the transaction, Kaplan directly owns 221,415 shares of Class A Common Stock. The RSUs will vest on the earlier of:

  • First anniversary of the grant date
  • Date of Brilliant Earth's 2026 annual stockholder's meeting

Vesting is subject to continued service through the applicable date. The RSUs were granted at $0 cost to the director, representing standard compensation practice for board members.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
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*
KAPLAN BETH J

(Last) (First) (Middle)
C/O BRILLIANT EARTH GROUP, INC.
300 GRANT AVENUE, THIRD FLOOR

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Brilliant Earth Group, Inc. [ BRLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 06/18/2025 A 95,890(1) A $0 221,415 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Grant of a restricted stock unit award under the Issuer's compensation program for non-employee directors which provides for an annual grant of restricted stock units to non-employee directors calculated by dividing (a) $140,000 by (b) the average closing trading price of the Issuer's Class A common stock over the most recent completed month as of the grant date, rounded down to the nearest whole restricted stock unit. The award will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2026 annual stockholder's meeting, subject to continued service through the applicable vesting date.
Remarks:
/s/ Jeffrey Kuo as Attorney-in-Fact for Beth J. Kaplan 06/23/2025
** Signature of Reporting Person Date
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.

FAQ

How many shares of BRLT stock did Beth Kaplan receive on June 18, 2025?

Beth Kaplan received 95,890 shares of BRLT Class A Common Stock on June 18, 2025, in the form of restricted stock units as part of the company's non-employee director compensation program.

What is the vesting schedule for BRLT director Beth Kaplan's 2025 RSU grant?

The restricted stock units will vest on the earlier of either: (1) the first anniversary of the grant date (June 18, 2026) or (2) the date of Brilliant Earth's 2026 annual stockholder's meeting, subject to continued service through the applicable vesting date.

How is BRLT's director stock compensation calculated in 2025?

BRLT's non-employee director compensation program calculates RSU grants by dividing $140,000 by the average closing trading price of the company's Class A common stock over the most recent completed month as of the grant date, rounded down to the nearest whole unit.

How many BRLT shares does Beth Kaplan own after the June 2025 RSU grant?

Following the RSU grant transaction, Beth Kaplan beneficially owns 221,415 shares of BRLT Class A Common Stock directly (Form D ownership).
Brilliant Earth Group, Inc.

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