Brilliant Earth (BRLT) 10% Owner Eric Grossberg Buys Shares

What Happened
Eric S. Grossberg, a reported 10% owner of Brilliant Earth Group, purchased a total of 10,000 shares in two open-market acquisitions: 9,619 shares on 2026-08-18 at a weighted average price of $1.27 (≈ $12,216) and 381 shares on 2026-08-19 at $1.26 (≈ $480). The combined reported cost of the purchases is about $12,696. The Form 4 classifies these transactions as purchases (code P).

Key Details

• Transaction dates/prices: 2026-08-18 — 9,619 shares @ $1.27 (weighted avg); 2026-08-19 — 381 shares @ $1.26 (weighted avg). Combined = 10,000 shares ≈ $12,696.
• Price range: filing footnote reports underlying trades ranged from $1.16 to $1.30; reported prices are weighted averages (F1).
• Purchaser entity: shares were purchased by The Eric S. Grossberg Revocable Trust, for which Grossberg is Trustee with voting and investment power (F2).
• Additional holdings: these shares are in addition to LLC interests and associated Class C shares held by Just Rocks, Inc., which Grossberg jointly owns/controls with Beth Tamara Gerstein (F3).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Period of report 2026-08-18; Form 4 filed 2026-08-19 (filed next day), indicating a timely report in this excerpt.
• Transaction code: P = Purchase (open market/private purchase).

Context
As a 10% owner, Grossberg’s transaction is a principal purchase made via his revocable trust and is reported separately from his joint LLC holdings. The filing shows no options exercised, awards, tax-withholding sales, or 10b5-1 plan referenced. The report is factual about the purchase details; it does not state any motive for the transactions.