Forman Alan N 4

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.