BRC Group EVP sells 100,000 RILY shares
BRC Group Holdings, Inc. executive Alan N. Forman, EVP, General Counsel and Secretary, reported open-market sales of a total of 100,000 shares of BRC Group common stock.
Rhea-AI Filing Summary
BRC Group Holdings, Inc. executive Alan N. Forman, EVP, General Counsel and Secretary, reported open-market sales of a total of 100,000 shares of BRC Group common stock. The sales occurred in two transactions on May 13 and May 14.
He sold 20,555 shares at a weighted average price of $8.5805 per share and 79,445 shares at a weighted average price of $8.5634 per share, with prices in multiple lots ranging roughly between $8.40 and $9.26. After these sales, he directly holds 37,827 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
2 txns
Insider
Forman Alan N
Role
EVP, General Counsel, Sec
Sold
100,000 shs ($857K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 79,445 | $8.5634 | $680K |
| Sale | Common Stock | 20,555 | $8.5805 | $176K |
Holdings After Transaction:
Common Stock — 37,827 shares (Direct)
Footnotes (2)
- F1. The sales price reported herein is a weighted average price. These shares were sold in multiple lots at prices ranging from $8.45 to $8.62 per share, in open market transactions. Reporting Party agrees to provide details of the individual transactions to the SEC upon request.
- F2. The sales price reported herein is a weighted average price. These shares were sold in multiple lots at prices ranging from $8.40 to $9.26 per share, in open market transactions. Reporting Party agrees to provide details of the individual transactions to the SEC upon request.
Key Figures
Total shares sold: 100,000 shares
First sale size: 20,555 shares
First sale price: $8.5805 per share
+5 more
8 metrics
Total shares sold
100,000 shares
Open-market sales reported on Form 4
First sale size
20,555 shares
Common Stock sold on May 13
First sale price
$8.5805 per share
Weighted average price on May 13
Second sale size
79,445 shares
Common Stock sold on May 14
Second sale price
$8.5634 per share
Weighted average price on May 14
Shares after transactions
37,827 shares
Direct holdings following May 14 sale
Price range F1
$8.45–$8.62 per share
Lot prices for one sale footnote
Price range F2
$8.40–$9.26 per share
Lot prices for other sale footnote
Key Terms
open market transactions, weighted average price, Common Stock, Form 4
4 terms
open market transactions financial
"These shares were sold in multiple lots at prices ranging from $8.45 to $8.62 per share, in open market transactions."
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
weighted average price financial
"The sales price reported herein is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BRC Group (RILY) report for Alan N. Forman?
BRC Group reported that executive Alan N. Forman sold 100,000 shares of common stock in open-market transactions over two days. These were routine Form 4 sales, not option exercises or grants, and reflect a reduction in his direct equity holdings.
Were Alan N. Forman’s BRC Group (RILY) sales made in open-market transactions?
Yes. Both transactions are coded as open-market sales, with footnotes stating the shares were sold in multiple lots on the open market. The reported prices are weighted averages across those lots.
AI-generated analysis. How Rhea-AI works. Not financial advice.
