[SCHEDULE 13G] Vulcan Infrastructure & Power Inc. Passive Investment Disclosure (>5%)
Vulcan Infrastructure & Power gets 7.1% holder
Vulcan Infrastructure & Power Inc. (VIP) has a significant shareholder group led by BRC Group Holdings, Inc., B. Riley Securities, Inc. and Bryant Riley, which reports beneficial ownership of 2,339,181 shares of Class A common stock.
Vulcan Infrastructure & Power Inc. (VIP) has a significant shareholder group led by BRC Group Holdings, Inc., B. Riley Securities, Inc. and Bryant Riley, which reports beneficial ownership of 2,339,181 shares of Class A common stock. This represents 7.1% of the Class A common stock based on 32,842,698 shares outstanding as of August 12, 2026. The shares are held at B. Riley Securities, Inc., and BRC and Bryant Riley may be deemed to share voting and dispositive power through their ownership structure, while each disclaims beneficial ownership except to the extent of respective pecuniary interests.
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Key Figures
Shares beneficially owned:2,339,181 sharesPercent of class:7.1%Shares outstanding:32,842,698 shares+2 more
5 metrics
Shares beneficially owned2,339,181 sharesClass A common stock held or deemed held by B. Riley Securities, Inc., BRC Group Holdings, Inc., and Bryant Riley as of the reporting date
Percent of class7.1%Ownership percentage of Vulcan Infrastructure & Power Inc. Class A common stock attributed to the reporting persons
Shares outstanding32,842,698 sharesVulcan Infrastructure & Power Inc. Class A common stock outstanding as of August 12, 2026, used to compute ownership percentage
Shared voting power2,339,181 sharesShares of Class A common stock over which the reporting persons have shared power to vote or direct the vote
Shared dispositive power2,339,181 sharesShares of Class A common stock over which the reporting persons have shared power to dispose or direct disposition
"Each of BRC, BRS and Riley disclaims beneficial ownership of the outstanding shares"
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.
shared voting powerfinancial
"Shared Voting Power 2,339,181.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 2,339,181.00"
parent holding companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13Gregulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Vulcan Infrastructure & Power Inc. (VIP) does the B. Riley group report owning?
The reporting group led by BRC Group Holdings, B. Riley Securities, Inc., and Bryant Riley reports 7.1% beneficial ownership of Vulcan Infrastructure & Power Inc.’s Class A common stock, based on 32,842,698 shares outstanding as of August 12, 2026.
How many Vulcan Infrastructure & Power Inc. (VIP) shares are reported as beneficially owned?
The reporting persons state that B. Riley Securities, Inc. holds 2,339,181 shares of Vulcan Infrastructure & Power Inc.’s Class A common stock, and that BRC Group Holdings, Inc. and Bryant Riley may be deemed to beneficially own the same 2,339,181 shares through their ownership structure.
Who are the reporting persons with respect to Vulcan Infrastructure & Power Inc. (VIP)?
The reporting persons are BRC Group Holdings, Inc., B. Riley Securities, Inc., and Bryant Riley. BRC and B. Riley Securities are Delaware corporations, and Bryant Riley is an individual citizen of the United States.
What voting and dispositive powers does the B. Riley group report over VIP shares?
The reporting persons show 0 shares with sole voting or dispositive power and 2,339,181 shares with shared voting and shared dispositive power, reflecting control exercised collectively rather than individually.
Do the B. Riley reporting persons fully acknowledge beneficial ownership of their VIP shares?
Each of BRC Group Holdings, Inc., B. Riley Securities, Inc., and Bryant Riley disclaims beneficial ownership of the Vulcan Infrastructure & Power Inc. shares reported, except to the extent of each party’s respective pecuniary interest in those shares.
What ownership baseline is used to calculate the 7.1% stake in VIP?
The 7.1% figure is calculated using 32,842,698 shares of Class A common stock of Vulcan Infrastructure & Power Inc. that were outstanding as of August 12, 2026, as reported in the company’s Quarterly Report and DEF 14C filings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Vulcan Infrastructure & Power Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
39531G308
(CUSIP Number)
09/02/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
39531G308
1
Names of Reporting Persons
BRC Group Holdings, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,339,181.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,339,181.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,339,181.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.1 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: Based on 32,842,698 shares of Class A common stock, par value $0.0001 per share (the "Common Stock") outstanding as of August 12, 2026, as reported in the Company's Quarterly Report on Form 10-Q, filed on August 14, 2026 and the Company's DEF 14C filing, filed on August 17, 2026.
SCHEDULE 13G
CUSIP Number(s):
39531G308
1
Names of Reporting Persons
B. Riley Securities, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,339,181.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,339,181.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,339,181.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Based on 32,842,698 shares of Common Stock outstanding as of August 12, 2026, as reported in the Company's Quarterly Report on Form 10-Q, filed on August 14, 2026 and the Company's DEF 14C filing, filed on August 17, 2026.
SCHEDULE 13G
CUSIP Number(s):
39531G308
1
Names of Reporting Persons
Bryant Riley
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,339,181.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,339,181.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,339,181.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.1 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Based on 32,842,698 shares of Common Stock outstanding as of August 12, 2026, as reported in the Company's Quarterly Report on Form 10-Q, filed on August 14, 2026 and the Company's DEF 14C filing, filed on August 17, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Vulcan Infrastructure & Power Inc.
(b)
Address of issuer's principal executive offices:
1159 Pittsford-Victor Road, Suite 240, Pittsford, New York 14534
Item 2.
(a)
Name of person filing:
BRC Group Holdings, Inc., a Delaware corporation ("BRC"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), Bryant Riley is an individual ("Riley"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
11100 Santa Monica Blvd. Suite 800, Los Angeles, CA 90025
(c)
Citizenship:
BRC and BRS are organized under the laws of the State of Delaware. Riley is a citizen of the United State of America.
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001 per share
(e)
CUSIP Number(s):
39531G308
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
(1) As of the date hereof, BRS holds 2,339,181 shares of the Company's Common Stock. (2) As of the date hereof, BRC, majority holder of B. Riley Securities Holdings, Inc. ("BRSH"), which is the parent company of BRS, may be deemed to hold 2,339,181 shares of the Company's Common Stock. (3) As of the date hereof, Riley may be deemed to hold 2,339,181 shares of the Company's Common Stock. Each of BRC, BRS and Riley disclaims beneficial ownership of the outstanding shares of Common Stock reported herein, except to the extent of its/his respective pecuniary interest therein.
(b)
Percent of class:
The information contained on the cover pages to this filing is incorporated by reference herein.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information contained on the cover pages to this filing is incorporated by reference herein.
(ii) Shared power to vote or to direct the vote:
The information contained on the cover pages to this filing is incorporated by reference herein.
(iii) Sole power to dispose or to direct the disposition of:
The information contained on the cover pages to this filing is incorporated by reference herein.
(iv) Shared power to dispose or to direct the disposition of:
The information contained on the cover pages to this filing is incorporated by reference herein.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
BRS is a subsidiary of B. Riley Securities Holdings, Inc. ("BRSH"). BRSH is majority owned by BRC.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
BRC Group Holdings, Inc.
Signature:
/s/ Bryant Riley
Name/Title:
Bryant Riley/Co-Chief Executive Officer
Date:
09/11/2026
B. Riley Securities, Inc.
Signature:
/s/ Frank Pigott
Name/Title:
Frank Pigott/General Counsel & Corporate Secretary
