Mondzelewski Christopher 4
Research Summary
AI-generated summary
BRC Inc CEO Christopher Mondzelewski Receives RSU Award
What Happened
- Christopher Mondzelewski, President & CEO and Director of BRC Inc (BRCC), received an award of 859,107 restricted stock units (RSUs) on 2026-03-04. The award was reported on a Form 4 filed 2026-03-06.
- The RSUs were granted at $0.00 per unit (no cash exchanged). Total reported acquisition value: $0. This is a grant/award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed within the usual two-business-day window).
- Award amount: 859,107 RSUs; reported acquisition price: $0.00; total cash outlay: $0.
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant, subject to the reporting person’s continuous service (per footnote F1).
- Plan: Granted under the BRC Inc. 2022 Omnibus Incentive Plan.
- Shares owned after the transaction: not specified in the provided filing details.
- No tax-withholding, sale-to-cover, 10b5-1 plan, or late-filing flag was indicated in the information provided.
Context
- RSUs are a form of equity compensation representing a contingent right to receive shares upon settlement; they do not require the recipient to pay for the shares at grant.
- Such awards are common for executives and are typically subject to service- and/or performance-based vesting; they are not the same as an outright purchase (which can be viewed as a more direct bullish signal).