FEDERICO RICHARD L 4

What Happened Federico Richard (Director) was granted 10,739 restricted stock units (RSUs) for Black Rock Coffee Bar, Inc. (BRCB) on 2026-05-27. The Form 4 reports an acquisition of 10,739 RSUs at $0.00 (total reported value $0). RSUs are a contingent right to receive Class A common stock upon vesting, so this is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (timely filing).
• Amount: 10,739 RSUs acquired at $0.00 (reported value $0).
• Vesting: RSUs vest in full on the earlier of (a) May 27, 2027 or (b) the date of the 2027 annual shareholders’ meeting.
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding event, or sale reported in this filing.

Context RSUs are a common form of executive/director compensation that convert to shares upon vesting; they do not represent immediately traded shares and are not direct buy/sell signals. This award increases potential future equity ownership if the RSUs vest.