Forman Alan N 4
4 · BRC Group Holdings, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
BRC Group (RILY) EVP Alan Forman Sells $856.7K of Shares
What Happened
Alan N. Forman, EVP, General Counsel and Secretary of BRC Group Holdings, sold a total of 100,000 shares in two open-market transactions — 20,555 shares on 2026-05-13 and 79,445 shares on 2026-05-14. The reported weighted-average prices were $8.58 (total $176,372) and $8.56 (total $680,319), respectively, for combined proceeds of $856,691. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-05-13: Sold 20,555 shares @ $8.58 (weighted avg); proceeds $176,372. (Footnote F1: individual lots ranged $8.45–$8.62.)
- 2026-05-14: Sold 79,445 shares @ $8.56 (weighted avg); proceeds $680,319. (Footnote F2: individual lots ranged $8.40–$9.26.)
- All transactions were open-market sales (code S).
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Filing/timeliness: Form 4 filed 2026-05-15 (within required reporting window for these trade dates).
- No 10b5-1 plan, tax-withholding, or option exercise was disclosed in the provided details.
Context
Open-market sales by executives are common and can reflect routine liquidity needs or portfolio rebalancing; they do not by themselves indicate a change in company outlook. Purchases tend to be viewed as stronger signals of insider confidence. If you need the exact lot-by-lot prices or post-transaction holdings, the reporting party has stated they will provide those details to the SEC upon request per the filing footnotes.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-13$8.58/sh−20,555$176,372→ 117,272 total - Sale
Common Stock
[F2]2026-05-14$8.56/sh−79,445$680,319→ 37,827 total
Footnotes (2)
- [F1]The sales price reported herein is a weighted average price. These shares were sold in multiple lots at prices ranging from $8.45 to $8.62 per share, in open market transactions. Reporting Party agrees to provide details of the individual transactions to the SEC upon request.
- [F2]The sales price reported herein is a weighted average price. These shares were sold in multiple lots at prices ranging from $8.40 to $9.26 per share, in open market transactions. Reporting Party agrees to provide details of the individual transactions to the SEC upon request.