Brilliant Earth (NASDAQ: BRLT) director receives 72,519-share RSU grant
Rhea-AI Filing Summary
KAPLAN BETH J reported acquisition or exercise transactions in this Form 4 filing.
Brilliant Earth Group, Inc. director Beth J. Kaplan received an equity grant in the form of restricted stock units. She was awarded 72,519 shares of Class A common stock at no cash cost to her, increasing her direct holdings to 293,934 shares after the grant.
The award is part of the company’s compensation program for non-employee directors and is calculated by dividing $95,000 by the average closing trading price of the Class A common stock over the most recently completed month as of the grant date, rounded down to the nearest whole unit. 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, assuming continued board service through that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 72,519 shares
Net Buy
1 txn
Insider
KAPLAN BETH J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 72,519 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 293,934 shares (Direct)
Footnotes (1)
- F1. 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) $95,000 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 2027 annual stockholder's meeting, subject to continued service through the applicable vesting date.
Key Figures
RSU grant size: 72,519 shares
Holdings after transaction: 293,934 shares
Target grant value: $95,000
+2 more
5 metrics
RSU grant size
72,519 shares
Restricted stock unit award of Class A Common Stock
Holdings after transaction
293,934 shares
Total Class A Common Stock directly held after grant
Target grant value
$95,000
Director compensation program formula basis for annual RSU grant
Grant date
June 17, 2026
Date of restricted stock unit award to director
Vesting trigger
Earlier of first anniversary or 2027 meeting
RSUs vest by first anniversary or 2027 annual stockholder’s meeting
Key Terms
restricted stock unit, non-employee directors, average closing trading price, annual stockholder's meeting
4 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
"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 earlier of the first anniversary of the grant date or the date of the Issuer's 2027 annual stockholder's meeting"
FAQ
What did Brilliant Earth (BRLT) director Beth J. Kaplan report on this Form 4?
Beth J. Kaplan reported receiving 72,519 restricted stock units of Brilliant Earth Class A common stock. The grant is part of the company’s non-employee director compensation program and increased her direct holdings to 293,934 shares following the award.
How large is Beth J. Kaplan’s new equity award in Brilliant Earth (BRLT)?
The award consists of 72,519 restricted stock units of Class A common stock. It is sized under a program that targets a grant value of $95,000, using the average closing trading price over the most recently completed month as of the grant date.
How is the value of Beth J. Kaplan’s Brilliant Earth (BRLT) RSU grant determined?
The grant is calculated by dividing $95,000 by the average closing trading price of Brilliant Earth’s Class A common stock over the most recent completed month as of the grant date, then rounding down to the nearest whole restricted stock unit.
When do Beth J. Kaplan’s Brilliant Earth (BRLT) restricted stock units vest?
The restricted stock units vest on the earlier of the first anniversary of the grant date or the date of Brilliant Earth’s 2027 annual stockholder’s meeting, provided she continues to serve as a director through the applicable vesting date.
Is Beth J. Kaplan’s Brilliant Earth (BRLT) award an open-market purchase or a compensation grant?
The filing describes the transaction as a grant or award acquisition, not an open-market purchase. It is part of Brilliant Earth’s compensation program for non-employee directors, with no cash paid per share by the reporting person at grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
