Bryant Riley (NASDAQ: RILY) covers RSU taxes with 17,059 withheld shares
Rhea-AI Filing Summary
BRC Group Holdings, Inc. director and Co-CEO Bryant R. Riley reported a tax-withholding disposition of common stock tied to RSU vesting. On April 13, 2026, 17,059 shares of common stock were withheld by the company and remitted to cover taxes at $7.23 per share in connection with restricted stock units granted on February 24, 2023 and March 4, 2024.
Following this tax payment, Riley directly or jointly held 6,769,728 common shares. The filing also notes indirect holdings through multiple Uniform Transfer to Minors Act custodial accounts for his children and through the B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,059 shares
Net Sell
6 txns
Insider
RILEY BRYANT R
Role
Chairman and Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17,059 | $7.23 | $123K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,769,728 shares (Direct);
Common Stock — 17,538 shares (Indirect, UTMA ACCOUNT OF S.R.);
Common Stock — 17,538 shares (Indirect, UTMA ACCOUNT OF C.R.);
Common Stock — 17,538 shares (Indirect, UTMA ACCOUNT OF A.R.);
Common Stock — 17,537 shares (Indirect, UTMA ACCOUNT OF E.R.);
Common Stock — 128,918 shares (Indirect, By B.Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley)
Footnotes (8)
- F1. Represents shares withheld by the Company and remitted on behalf of the Reporting Person for payment of taxes in connection with the vesting of shares from Restricted Stock Units granted on February 24, 2023 and March 4, 2024.
- F2. Bryant R. Riley (the "Reporting Person") beneficially owns these shares directly or jointly with his wife.
- F3. The shares are held for S.R., the child of the Reporting Person, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which the Reporting Person serves as custodian.
- F4. The shares are held for C.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
- F5. The shares are held for A.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
- F6. The shares are held for E.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
- F7. B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley was formerly known as "B. Riley & Co., LLC 401(k) Profit Sharing Plan FBO Bryant Riley."
- F8. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares withheld for taxes: 17,059 shares
Tax withholding price: $7.23 per share
Direct/joint holdings after transaction: 6,769,728 shares
+5 more
8 metrics
Shares withheld for taxes
17,059 shares
Tax-withholding disposition on April 13, 2026
Tax withholding price
$7.23 per share
Value used for RSU-related tax remittance
Direct/joint holdings after transaction
6,769,728 shares
Common stock held following tax-withholding event
UTMA S.R. holdings
17,538 shares
Indirect holdings in UTMA account of S.R.
UTMA C.R. holdings
17,538 shares
Indirect holdings in UTMA account of C.R.
UTMA A.R. holdings
17,538 shares
Indirect holdings in UTMA account of A.R.
UTMA E.R. holdings
17,537 shares
Indirect holdings in UTMA account of E.R.
401(k) plan holdings
128,918 shares
Indirect holdings via 401(k) Profit Sharing Plan FBO Bryant Riley
Key Terms
Restricted Stock Units, Uniform Transfer to Minors Act, UTMA, 401(k) Profit Sharing Plan, +1 more
5 terms
Restricted Stock Units financial
"vesting of shares from Restricted Stock Units granted on February 24, 2023 and March 4, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Uniform Transfer to Minors Act financial
"custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA")"
UTMA financial
"custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian"
401(k) Profit Sharing Plan financial
"B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley"
Section 16 regulatory
"beneficial owner of these shares for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did RILY Chairman Bryant Riley report on this Form 4?
Bryant R. Riley reported a tax-withholding disposition of 17,059 shares of BRC Group Holdings (RILY) common stock. The shares were withheld by the company to pay taxes due on vesting restricted stock units granted in 2023 and 2024, not sold in the open market.
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