McCormick Andrew J. 4
4 · BRC Inc. · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
BRC Inc. (BRCC) GC Andrew McCormick Withholds 2,227 Shares for Taxes
What Happened
Andrew J. McCormick, General Counsel & Corporate Secretary of BRC Inc. (BRCC), had 2,227 shares withheld on April 21, 2026 to satisfy tax withholding related to restricted stock unit (RSU) vesting. The withholding was recorded at $0.98 per share for a total value of $2,172. This is a routine tax-withholding disposition, not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-04-21; 2,227 shares withheld at $0.98/share (total $2,172).
- Transaction code: F — payment of tax liability via share withholding.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations in connection with RSU vesting.
- Filing: Reported on 2026-04-22 (filed promptly after the transaction).
Context
Share withholding to cover taxes on vested RSUs is a common, administrative disposition and typically does not signal a manager’s view of the company’s prospects. This was not an open-market sale; no cash proceeds were taken by the insider beyond satisfying tax obligations.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-04-21$0.98/sh−2,227$2,172→ 531,773 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.