Alan N. Forman has RSU tax-withholding transaction in RILY (NASDAQ: RILY) Form 4

Rhea-AI Filing Summary

BRC Group Holdings, Inc. insider Alan N. Forman reported a routine tax-related share disposition. On the RSU vesting date, the company withheld 2,853 shares of common stock at $8.18 per share to cover income taxes tied to the accelerated vesting of Restricted Stock Units granted on March 4, 2024. After this withholding, Forman directly holds 34,974 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Forman Alan N

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,853	$8.18	$23K

Holdings After Transaction: Common Stock — 34,974 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 2,853 shares Withholding reference price: $8.18 per share Shares held after transaction: 34,974 shares +1 more

4 metrics

Shares withheld for taxes 2,853 shares Tax-withholding disposition on RSU vesting

Withholding reference price $8.18 per share Value used for tax-withholding shares

Shares held after transaction 34,974 shares Direct holdings after tax withholding

RSU grant date March 4, 2024 Original grant date of Restricted Stock Units

Key Terms

tax-withholding disposition, Restricted Stock Units, accelerated vesting

3 terms

tax-withholding disposition financial

"reported a routine tax-related share 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.

Restricted Stock Units financial

"accelerated vesting of Restricted Stock Units granted on 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.

accelerated vesting financial

"in connection with the accelerated vesting of shares from Restricted Stock Units"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:16 PM Accepted by SEC EDGAR 07/01/2026 - 04:15 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

X

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
	Officer (give title below)	X	Other (specify below)
			See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		F		2,853(1)	D	$8.18	34,974	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 accelerated vesting of shares from Restricted Stock Units granted on March 4, 2024.

Remarks:

Former EVP, General Counsel, and Sec

	/s/ Alan Forman	07/01/2026
	** 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)

FAQ

What did Alan N. Forman report in the latest RILY Form 4?

Alan N. Forman reported shares withheld to cover taxes, not an open-market sale. The company retained 2,853 RILY common shares upon RSU vesting, leaving him with 34,974 directly held shares after the transaction.

Was the RILY Form 4 transaction an insider sale of shares?

No, the Form 4 shows a tax-withholding disposition, not a market sale. BRC Group Holdings, Inc. withheld 2,853 shares to pay taxes on accelerated RSU vesting for Alan N. Forman.

How many RILY shares were withheld for taxes in this Form 4?

The company withheld 2,853 RILY common shares for tax purposes. This withholding occurred in connection with the accelerated vesting of Restricted Stock Units originally granted to Alan N. Forman on March 4, 2024.

How many RILY shares does Alan N. Forman own after this Form 4 event?

After the tax-withholding disposition, Alan N. Forman directly holds 34,974 shares of RILY common stock. This figure reflects his position following the 2,853 shares withheld by the company to satisfy tax obligations.

What triggered the tax-withholding disposition reported for RILY?

The disposition was triggered by the accelerated vesting of Restricted Stock Units granted on March 4, 2024. When these RSUs vested, BRC Group Holdings, Inc. withheld 2,853 shares to remit taxes on behalf of Alan N. Forman.