Welcome to our dedicated page for BRC Group Holdings SEC filings (Ticker: RILYP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
BRC Group Holdings, Inc. filings document the issuer behind RILYP, including its Series A depositary shares, common stock, Series B preferred depositary shares, and listed senior notes. The filings identify RILYP as depositary shares, each representing a 1/1000th interest in a 6.875% Series A Cumulative Perpetual Preferred Share, and place the security within the company’s broader Nasdaq-listed capital structure.
Regulatory disclosures include 8-K material-event reports, operating and financial results, capital-structure information, and definitive proxy materials for annual meeting governance. The filing record also reflects the company’s current BRC Group Holdings name and its former B. Riley Financial identity.
BRC Group Holdings, Inc. reported strong profitability for the six months ended June 30, 2026, with total revenues of 591,177 (dollars in thousands) and net income of 243,756, compared with 411,365 and 124,432 a year earlier. Diluted income per common share from continuing operations was 6.47 for the six-month period and 0.45 for the quarter.
Total assets rose to 1,967,538, while stockholders’ equity improved to 142,169 from a deficit of 171,533 at December 31, 2025, aided by redeeming 95,991 of 5.50% Senior Notes due 2026 and exchanging 69,054 of senior notes for 8,358,495 common shares. Senior notes payable, net, declined to 1,129,966. Cash, cash equivalents and restricted cash were 155,642, and management states existing liquidity and credit facilities are expected to cover obligations for the next 12 months. The investment portfolio is concentrated, including a 386,996 equity stake in Babcock & Wilcox Enterprises, Inc. and sizable loans to XBP Americas, LLC and Enovum NC-1 Venture, LLC.
BRC Group Holdings, Inc. reported second quarter 2026 revenue of $239.1 million and net income available to common shareholders of $18.5 million, or $0.45 per diluted share. For the first six months, revenue rose 44% to $591.2 million and net income to $229.8 million, or $6.47 per diluted share.
Second quarter Adjusted EBITDA was $61.3 million and Operating Adjusted EBITDA $66.0 million; year‑to‑date Adjusted EBITDA reached $323.4 million and Operating Adjusted EBITDA $100.4 million. Net debt fell to $285.2 million from $627.0 million at December 31, 2025, while Total Investments increased to $804.5 million.
Capital Markets generated six‑month segment income of $150.4 million versus a loss in 2025, and Wealth Management and the Communications Business Group also improved profitability. Management updated its Operating Adjusted EBITDA definition to better separate investment results from core operating performance.
BRC Group Holdings, Inc. disclosed a change to compensation timing for its executive chairman, Bryant Riley. Under his Amended and Restated Employment Agreement, beginning in fiscal 2026, 20% of compensation is deposited into a Holdback Account, with potential release in the first quarter of fiscal 2027 at the Compensation Committee’s discretion. On June 29, 2026, the Committee approved a limited waiver to Section 3.2 of the agreement, allowing the immediate release of Holdback Account amounts attributable to the first and second quarters of 2026. The company states this waiver reflects “exemplary performance and results” for the first half of fiscal 2026. All other terms of the Employment Agreement and the Holdback Account remain in effect.
BRC Group Holdings, Inc. executive Fred Nachum Knopf, EVP, General Counsel and Secretary, has reported his initial ownership of the company’s common stock. The filing shows direct ownership of 8,829 common shares. A related award of restricted stock units covers 7,369 vested shares and 1,460 unvested shares that will vest in full on March 15, 2027, settling in common stock.
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.
BRC Group Holdings, Inc. Co-CEO Thomas J. Kelleher reported a bona fide gift of 3,000 shares of common stock held indirectly. The shares were given to a trust that is unaffiliated with him and the issuer, and he received no consideration for the transfer.
After the gift, an indirect account referenced in the filing holds 899,288 shares of common stock. The filing also shows 70,541 shares held directly, along with additional indirect holdings through a family trust, a self-directed IRA, and accounts over which he has dispositive power for his wife and daughters.
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.
B. Riley Securities, Inc. submitted a Form 144 reporting proposed sales of Common Stock of RILY and listing specific recent transactions and settlement methods. The filing lists shares outstanding of 40,194,696 shares as of 06/16/2026 and records open‑market purchases, a follow‑on offering, and cash settlements on listed dates.
BRC Group Holdings, Inc. is providing updated information about its indirect economic interest in Space Exploration Technologies Corp. (“SpaceX”) through carried interests in special purpose vehicles formed for client investments. Between 2018 and 2021, clients invested approximately $233 million into these SPVs.
The company explains that its subsidiaries earn a share of returns on a portion of these investments and that the value of this carried interest depends on SpaceX’s trading price. At a SpaceX share price reference of $160.95, each $5.00 move in the stock is estimated to change BRC’s net carried interest by about $2.3 million.
All amounts are preliminary, unaudited management estimates and are subject to IPO lock-up restrictions that expire in stages through the rest of the calendar year. The company cautions that SpaceX’s stock could be volatile and that actual value or net proceeds from this carried interest may ultimately be materially lower or may not be realized.
BRC Group Holdings, Inc. reported unregistered exchanges of senior notes for common stock under Section 3(a)(9) of the Securities Act. On May 14, 2026, it agreed to issue 1,129,918 shares of common stock to DBA Trading, LLC in exchange for several series of its Senior Notes.
On June 4, 2026, the company issued an additional 930,765 shares of common stock to the same institutional accredited investor in a similar exchange for various Senior Notes. In total, 780,070 units of exchanged Senior Notes were cancelled, and the company received no cash proceeds. As of June 4, 2026, common shares outstanding were 40,194,696.