Brand Daniel Jordan 4

What Happened

• Brand Daniel Jordan, a reported 10% owner of Black Rock Coffee Bar, Inc. (BRCB), was granted 10,739 restricted stock units (RSUs) on 2026-05-27. The reported acquisition price is $0.00, reflecting an award/compensation grant rather than a cash purchase. Each RSU represents a contingent right to receive one share of the company’s Class A common stock upon vesting.

Key Details

• Transaction type: Award/Grant (code A)
• Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (timely)
• Shares/units granted: 10,739 RSUs; reported price: $0.00 (no cash exchanged)
• Vesting: RSUs vest in full on the earlier of (x) May 27, 2027 or (y) the date of the issuer’s 2027 annual meeting
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: Confirms each RSU converts to one share of Class A common stock upon vesting (contingent right)

Context

• RSU grants are typically compensation/retention awards and do not represent an immediate market purchase or sale. They only convert into actual shares if and when vesting conditions are met. As a 10% owner, Jordan is a significant shareholder; this grant increases his potential future stake if the RSUs vest. The filing appears timely (filed the day after the grant).