BRC Group (RILY) Co-CEO uses company stock to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRC Group Holdings Co-CEO Thomas J. Kelleher reported a tax-related share disposition in company stock. On April 13, 2026, 22,440 shares of common stock were withheld by the company at $7.23 per share to cover taxes due on vesting of Restricted Stock Units granted in February 2023 and March 2024. This was not an open-market sale. After this withholding, Kelleher held 70,541 shares directly, plus additional indirect holdings including 902,288 shares in a family trust, 34,118 shares in a self-directed IRA, and further shares held with dispositive power for his wife and daughters.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
KELLEHER THOMAS J /ADV
Role
Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 22,440 | $7.23 | $162K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,541 shares (Direct);
Common Stock — 902,288 shares (Indirect, See note)
Footnotes (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. Held of record by Thomas J. Kelleher and wife as Trustees for the Kelleher Family Trust. Held by self-directed IRA: Thomas John Kelleher IRA. Held with dispositive power for wife. Held with dispositive power for a daughter. Held with dispositive power for a daughter. Held with dispositive power for a daughter.
Key Figures
Tax-withheld shares: 22,440 shares
Withholding price: $7.23 per share
Direct holdings after transaction: 70,541 shares
+4 more
7 metrics
Tax-withheld shares
22,440 shares
Withheld on April 13, 2026 to cover RSU vesting taxes
Withholding price
$7.23 per share
Value used for tax-withholding disposition
Direct holdings after transaction
70,541 shares
Common stock directly owned by Kelleher post-withholding
Family trust holdings
902,288 shares
Held in Kelleher Family Trust with Kelleher and wife as trustees
Self-directed IRA holdings
34,118 shares
Held by Thomas John Kelleher IRA
Wife’s account holdings
5,600 shares
Held with dispositive power for wife
Each daughter’s account
3,405 shares
Held with dispositive power for each daughter
Key Terms
Restricted Stock Units, self-directed IRA, dispositive power, withheld by the Company
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.
self-directed IRA financial
"Held by self-directed IRA: Thomas John Kelleher IRA."
dispositive power financial
"Held with dispositive power for wife."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
withheld by the Company financial
"Represents shares withheld by the Company and remitted on behalf of the Reporting Person for payment of taxes"
