BRC Inc. GC Andrew McCormick Withholds 756 Shares for Taxes

What Happened
Andrew J. McCormick, General Counsel & Corporate Secretary of BRC Inc. (BRCC), had 756 shares withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was reported as a disposition at $9.36 per share, totaling $7,076. This is a routine tax-withholding transaction (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-09-18; reported on Form 4 filed 2026-09-22 (filed within the required 2 business days).
• Price reported: $9.36 per share; total value: $7,076.
• Shares withheld/disposed: 756 (per footnote, amount reflects a 1-for-10 reverse split effective 8/21/2026).
• Transaction code: F (shares withheld to satisfy tax withholding on vesting of RSUs).
• Shares owned after transaction: not reported in the provided filing.

Context

• This was a cashless share withholding to cover taxes on vested RSUs — a common, routine corporate payroll action and not necessarily a signal of insider sentiment.
• Footnote notes: F1 explains the withholding was to satisfy tax obligations on vesting; F2 notes the one-for-ten reverse stock split on August 21, 2026, which is reflected in the reported share counts.