RILEY BRYANT R 4

What Happened
Bryant R. Riley, a 10% owner of BRC Group Holdings, Inc. (RILY), sold 195,492 shares in an open-market transaction on June 16, 2026. The shares were sold at $9.00 each for a total proceeds of $1,759,428. This was a sale (not a purchase); sales are often routine portfolio actions and do not by themselves indicate insider confidence or lack thereof.

Key Details

• Transaction date and price: 2026-06-16, 195,492 shares sold at $9.00 per share (total ~$1,759,428). (Footnote F1: open market sale.)
• Shares owned after transaction: Not specified in the filing.
• Beneficial ownership notes: Reporting person beneficially owns shares directly or jointly with his wife (F2); some shares are held in UTMA custodial accounts for his children S.R., C.R., A.R., and E.R. with Riley as custodian (F3–F6); some are held in a 401(k) profit-sharing plan (F7).
• Ownership disclaimer: The reporting person disclaims beneficial ownership except to the extent of pecuniary interest (F8).
• Filing timeliness: The report is dated and filed for the same date (2026-06-16); there is no indication in the filing that it was late.

Context
This report reflects an open-market sale by a significant owner (10% owner), which can result from personal tax, liquidity, or portfolio-management needs; the filing itself does not state the reason. For retail investors, purchases typically carry clearer signals about insider sentiment than routine sales. The sale included shares in various personal and custodial accounts per the footnotes; no options exercise, gifts, or 10b5-1 plan language were reported.