BEASLEY BRIAN E 4
4 · BEASLEY BROADCAST GROUP INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Beasley Broadcast (BBGI) COO Brian Beasley Receives 4,250 Shares
What Happened
Brian E. Beasley, Chief Operating Officer of Beasley Broadcast Group (BBGI), had 4,250 restricted stock units (RSUs) convert into 4,250 shares on June 30, 2026. To cover tax withholding, 1,035 of those shares were surrendered at a withholding price of $26.13 per share, equal to about $27,045. Net shares delivered to Mr. Beasley from this vesting event were 3,215 (4,250 converted minus 1,035 withheld).
Key Details
- Transaction date: June 30, 2026. Filing date: July 2, 2026 (no late filing indicated in the excerpt).
- Conversion: 4,250 RSUs converted to 4,250 shares (reported as derivative conversion, code M).
- Tax withholding: 1,035 shares withheld at $26.13 per share for taxes = $27,045 (code F).
- Net new shares received: 3,215.
- Footnotes:
- F2: Each RSU = right to one share of Class A Common Stock.
- F3: These RSUs vest in three equal annual installments beginning June 30, 2025 (this was a scheduled vesting installment).
- F1: Some securities reported are held by the Reporting Person’s children; Mr. Beasley disclaims beneficial ownership of securities held by his children.
- Shares owned after transaction: not specified in the provided excerpt.
Context
This was a routine vesting/conversion of RSUs with shares withheld to satisfy tax obligations (a common, non-market-sale event). The filing shows conversion of derivative awards rather than an open‑market purchase or sale; the withholding (code F) is a tax-settlement action, not a signal of active selling by the insider.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F2]2026-06-30+4,250→ 31,714 total - Tax Payment
Class A Common Stock
2026-06-30$26.13/sh−1,035$27,045→ 30,679 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-06-30−4,250→ 4,250 total→ Class A Common Stock (4,250 underlying)
- 680(indirect: See footnote)
Class A Common Stock
[F1]
Footnotes (3)
- [F1]These securities are held by the Reporting Person's children. The Reporting Person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]The restricted stock units vest in three equal annual installments beginning on June 30, 2025.