Walters Marian 4

What Happened
Marian Walters, a director of BRC Group Holdings, Inc. (RILY), was granted a total of 51,419 shares on April 3, 2026 via board equity awards and restricted stock units (RSUs). The awards break down as 3,660 shares issued as board equity compensation (footnote F1), 14,695 RSUs that settle in common stock and vest in full on May 19, 2026 (F2), and 33,064 RSUs that vest in full on April 3, 2027 (F3). All awards were reported at $0.00 per share (no cash paid).

Key Details

• Transaction date: 2026-04-03; Form 4 filed: 2026-04-07 (filed within the standard two-business-day window — timely).
• Transaction type/code: A = Award/Grant. Price reported: $0.00 per share.
• Shares granted: 3,660 + 14,695 + 33,064 = 51,419 total.
• Shares owned after transaction: not specified in the Form 4 filing.
• Notable footnotes: F1 = board equity compensation; F2 = RSU vests 5/19/2026; F3 = RSU vests 4/3/2027; F4 = some holdings are of record by D AND M WALTERS FAMILY TRUST (trustees David Allen Walters and Marian Krogius Walters).
• No sale or purchase occurred — these are compensation awards.

Context
These are compensation awards (RSUs and board equity) rather than open-market purchases, so they reflect standard director pay/vesting schedules rather than a direct buying or selling signal. RSUs convert to common stock only upon vesting on the noted dates; because no cash changed hands at grant, the report shows $0.00 per share. Family-trust recordation (F4) indicates some shares may be held of record in a trust rather than directly in the insider’s name.