Goldsmith-Grover Sarah 4

What Happened

• Sarah Goldsmith-Grover, a director of Black Rock Coffee Bar, Inc. (BRCB), received a grant of 8,949 restricted stock units (RSUs) on May 27, 2026. The reported acquisition price is $0.00 (award/grant). RSUs are a contingent right to receive one share of Class A common stock per unit when they vest.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-28 (timely).
• Transaction code: A (award/grant); reported price: $0.00; amount: 8,949 RSUs.
• Vesting: RSUs vest in full on the earlier of (x) May 27, 2027 or (y) the date of the 2027 annual shareholders’ meeting (per footnote).
• Shares owned after transaction: not specified in the provided filing.
• No indication of a 10b5-1 plan, sale, tax withholding, or other special conditions in this filing.

Context

• RSU grants are a form of compensation/retention award and do not involve an immediate cash purchase or sale of shares. They represent a future entitlement to stock if vesting conditions are met, so they are not the same as an open-market purchase (which some investors view as a stronger immediate bullish signal).