Bryant Riley (NASDAQ: RILY) sells 195K BRC Group shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRC Group Holdings, Inc. director and Co-CEO Bryant R. Riley reported an open-market sale of 195,492 shares of Common Stock at $9.00 per share. After this transaction, he holds 6,574,236 shares directly. The filing also lists additional indirect holdings through a 401(k) plan and several Uniform Transfers to Minors Act custodial accounts for his children, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 195,492 shares ($1,759,428)
Net Sell
6 txns
Insider
RILEY BRYANT R
Role
Chairman and Co-CEO
Sold
195,492 shs ($1.76M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 195,492 | $9.00 | $1.76M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,574,236 shares (Direct, null);
Common Stock — 17,538 shares (Indirect, UTMA ACCOUNT OF S.R.)
Footnotes (1)
- Represents shares sold in an open market transaction. Bryant R. Riley (the "Reporting Person") beneficially owns these shares directly or jointly with his wife. 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. 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. 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. 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. 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." 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 sold: 195,492 shares
Sale price: $9.00 per share
Direct holdings after sale: 6,574,236 shares
+5 more
8 metrics
Shares sold
195,492 shares
Open-market sale of Common Stock
Sale price
$9.00 per share
Price for the 195,492 shares sold
Direct holdings after sale
6,574,236 shares
Common Stock held directly following transaction
401(k) indirect holdings
128,918 shares
B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley
UTMA account of E.R.
17,537 shares
Custodial UTMA account for E.R.
UTMA account of A.R.
17,538 shares
Custodial UTMA account for A.R.
UTMA account of C.R.
17,538 shares
Custodial UTMA account for C.R.
UTMA account of S.R.
17,538 shares
Custodial UTMA account for S.R.
Key Terms
open market transaction, Uniform Transfer to Minors Act, beneficial ownership, pecuniary interest, +1 more
5 terms
open market transaction financial
"Represents shares sold in an open market transaction."
An open market transaction is a buy or sell of publicly traded securities executed on an exchange or other public trading venue where many buyers and sellers can participate. It matters to investors because these trades change the visible supply and demand for a stock—like shoppers moving prices in a busy marketplace—affecting share price, liquidity (how easily you can trade), and sometimes the balance of ownership.
Uniform Transfer to Minors Act regulatory
"custodial account established pursuant to the Uniform Transfer to Minors Act"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein"
Section 16 regulatory
"deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16"
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 did Bryant R. Riley report in this BRC Group (RILY) Form 4?
Bryant R. Riley reported an open-market sale of 195,492 BRC Group common shares at $9.00 per share. The filing also updates his remaining direct and indirect share holdings, including retirement and custodial accounts for family members.
What indirect BRC Group (RILY) holdings does Bryant R. Riley report?
The filing reports indirect holdings through a B. Riley Financial, Inc. 401(k) Profit Sharing Plan and several Uniform Transfers to Minors Act custodial accounts for his children. Riley disclaims beneficial ownership of these shares except for any pecuniary interest.
What is Bryant R. Riley’s role at BRC Group (RILY)?
Bryant R. Riley is identified as a director, Chairman and Co-CEO, and a ten percent owner of BRC Group. His Form 4 filing provides transparency about his direct and indirect equity holdings and recent open-market share sale activity.