RILEY BRYANT R 4
4 · BRC Group Holdings, Inc. · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
RILY 10% Owner Bryant R. Riley Withholds 17,059 Shares for Taxes
What Happened Bryant R. Riley, a reported 10% owner of BRC Group Holdings, had 17,059 shares of RILY withheld by the company on April 13, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was executed at $7.23 per share, for a total value of approximately $123,337. This was an administrative tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-13; Filing date (Form 4): 2026-04-15 (filed shortly after the transaction).
- Price and value: 17,059 shares withheld at $7.23/share → ~$123,337 remitted for taxes.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Relevant footnotes:
- F1: Shares were withheld and remitted to pay taxes on RSUs granted Feb 24, 2023 and Mar 4, 2024.
- F2–F6: Some shares are held directly or jointly with spouse and in UTMA custodial accounts for the Reporting Person’s children.
- F7: Some holdings are in a 401(k) profit-sharing plan FBO the reporting person.
- F8: The reporting person disclaims beneficial ownership except for pecuniary interest.
- Transaction code: F (tax withholding on vesting), indicating a routine administrative withholding rather than a discretionary sale.
Context Tax-withholding dispositions like this are common when restricted stock units vest; the company retains (withholds) shares and remits them to tax authorities on the insider’s behalf. Such transactions are administrative and generally do not signal a change in the insider’s view of the company’s prospects. Because the filer is a 10% owner, the filing discloses various ownership vehicles (joint holdings, custodial accounts, retirement plan) and includes a standard disclaimer of broader beneficial ownership.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-04-13$7.23/sh−17,059$123,337→ 6,769,728 total
- 17,538(indirect: UTMA ACCOUNT OF S.R.)
Common Stock
[F3][F8] - 17,538(indirect: UTMA ACCOUNT OF C.R.)
Common Stock
[F4][F8] - 17,538(indirect: UTMA ACCOUNT OF A.R.)
Common Stock
[F5][F8] - 17,537(indirect: UTMA ACCOUNT OF E.R.)
Common Stock
[F6][F8] - 128,918(indirect: By 401(k))
Common Stock
[F7]
Footnotes (8)
- [F1]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.
- [F2]Bryant R. Riley (the "Reporting Person") beneficially owns these shares directly or jointly with his wife.
- [F3]The shares are held for S.R., the child of the Reporting Person, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which the Reporting Person serves as custodian.
- [F4]The shares are held for C.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
- [F5]The shares are held for A.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
- [F6]The shares are held for E.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
- [F7]B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley was formerly known as "B. Riley & Co., LLC 401(k) Profit Sharing Plan FBO Bryant Riley."
- [F8]The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.