BRC Inc.·4

Apr 22, 4:30 PM ET

McCormick Andrew J. 4

Research Summary

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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.