BRC EVP uses 3,741 shares for tax withholding

BRC Group Holdings EVP and General Counsel Alan N. Forman had 3,741 shares of common stock withheld on April 13, 2026 to pay taxes tied to vesting Restricted Stock Units.

Rhea-AI Filing Summary

BRC Group Holdings EVP and General Counsel Alan N. Forman had 3,741 shares of common stock withheld on April 13, 2026 to pay taxes tied to vesting Restricted Stock Units. This was a tax-withholding disposition, not an open-market sale. After this event, he directly holds 137,827 shares of BRC Group Holdings common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 3,741 shares

Exercise Price or Tax Liability 1 txn

Insider Forman Alan N

Role EVP, General Counsel, Sec

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,741	$7.23	$27K

Holdings After Transaction: Common Stock — 137,827 shares (Direct)

Footnotes (1)

1. 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.

Key Figures

Shares withheld for taxes: 3,741 shares Implied price per share: $7.23 per share Shares held after transaction: 137,827 shares

3 metrics

Shares withheld for taxes 3,741 shares Common stock withheld for tax obligations on April 13, 2026

Implied price per share $7.23 per share Value used for tax-withholding disposition of common stock

Shares held after transaction 137,827 shares Directly held BRC Group Holdings common stock after withholding

Key Terms

Restricted Stock Units, tax-withholding disposition, Form 4, vesting

4 terms

Restricted Stock Units financial

"in connection with the 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.

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

vesting financial

"for payment of taxes in connection with the vesting of shares from Restricted Stock Units"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BRC Group Holdings (RILY) insider Alan N. Forman report on this Form 4?

Alan N. Forman reported a tax-related share disposition. 3,741 common shares were withheld by the company to cover taxes when certain Restricted Stock Units vested, leaving him with 137,827 directly held shares after the transaction.

Was the RILY Form 4 transaction an open-market sale by Alan N. Forman?

No, this was not an open-market sale. The filing shows a tax-withholding disposition, where 3,741 shares were withheld and remitted for taxes when previously granted Restricted Stock Units vested, rather than shares being sold in the market.

How many BRC Group Holdings (RILY) shares does Alan N. Forman hold after this transaction?

After the tax-withholding event, Alan N. Forman directly holds 137,827 shares of BRC Group Holdings common stock. This figure reflects his position following the withholding of 3,741 shares for payment of associated tax obligations on vested RSUs.

What triggered the tax withholding of shares for Alan N. Forman at BRC Group Holdings (RILY)?

The tax withholding was triggered by the vesting of Restricted Stock Units. Footnotes state the withheld shares relate to RSUs granted on February 24, 2023 and March 4, 2024, which vested and created a tax obligation settled in shares.

How many RILY shares were withheld for taxes and at what price per share?

The company withheld 3,741 common shares for tax payments at a value of $7.23 per share. These shares were remitted on Alan N. Forman’s behalf in connection with the vesting of his earlier Restricted Stock Unit awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/15/2026 - 06:00 PM Learn about SEC filing dates

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^*

Forman Alan N

(Last) (First) (Middle)

C/O BRC GROUP HOLDINGS, INC.

11100 SANTA MONICA BLVD., SUITE 800

(Street)

LOS ANGELES CALIFORNIA 90025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BRC Group Holdings, Inc. [ RILY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel, Sec

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	04/13/2026		F		3,741(1)	D	$7.23	137,827	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. 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.

	/s/ Alan N. Forman	04/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)