PAULSON RANDALL E 4

What Happened Randall E. Paulson, a director of BRC Group Holdings, Inc. (RILY), received equity awards on April 3, 2026. The Form 4 reports three grants totaling 51,419 shares at $0.00: 3,660 shares, 14,695 shares, and 33,064 shares. These were reported as awards/grants (transaction code A) rather than open-market purchases or sales.

Key Details

• Transaction date: April 3, 2026; reported on Form 4 filed April 7, 2026 (filing appears timely).
• Prices: all awards reported at $0.00 (typical for grants/RSUs); no cash purchase or sale.
• Grant breakdown and footnotes:
  • 3,660 shares — issued for board equity compensation (F1).
  • 14,695 shares — restricted stock unit that settles in common stock and vests in full on May 19, 2026 (Company’s 2026 Annual Meeting) (F2).
  • 33,064 shares — restricted stock unit that settles in common stock and vests in full on April 3, 2027 (F3).
• Shares owned after the transaction: not specified in the provided filing details.
• Transaction code A = award/grant; these are not taxable-withholding sales or 10b5-1 trades.

Context These awards are equity compensation (board shares and RSUs) that will convert to common stock upon settlement and vesting on the dates above. Awards are routine for board members and do not necessarily indicate the insider is buying or selling stock in the open market.