BRC Inc: 10% owner Hafer Evan sold 15,704 shares

What happened

• Hafer Evan, a 10% owner, sold a total of 15,704 shares in transactions on Oct 13, Oct 14 and Oct 15, 2026, for total proceeds of $166,730. The filing shows sales of 200 shares on Oct 13 at $10.51 for $2,102, 200 shares on Oct 14 at $10.50 for $2,100, and 15,304 shares on Oct 15 at a weighted average of $10.62 for $162,528.
• The filing also reports conversion of derivative securities and related other disposition entries: on each date shares were acquired by conversion (reported at $0.00) and then disposed.

Key details

• Transaction dates and prices:
  • Oct 13, 2026: sale of 200 shares at $10.51 for $2,102.
  • Oct 14, 2026: sale of 200 shares at $10.50 for $2,100.
  • Oct 15, 2026: sale of 15,304 shares at a weighted average of $10.62 for $162,528.
• Weighted average price reporting: footnotes state the reported prices are weighted averages; sales occurred across price ranges (prices reported ranged from $10.50 to $10.515 and $10.50 to $10.80 for different lots) and the reporting person will provide per-price details on request (footnotes F4, F5).
• Conversions and exchanges: filing includes conversions of common units into Class A shares and forfeiture of Class B shares as described in footnotes F2 and F6; footnote F1 notes Class B shares provide no economic rights but carry one vote.
• Trading plan: the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by EKNRH Holdings LLC on Jun 15, 2026 (footnote F3).
• Filing info and adjustments: Form filed Oct 15, 2026; period of report Oct 13, 2026. Remarks note a one-for-ten reverse stock split effected Aug 21, 2026.
• Shares owned after the transaction: not provided in the supplied filing details.

Why it may matter

• The filing shows conversions of derivative securities into shares followed by sales; the filing does not state that these were option exercises for cashless settlement.
• Hafer Evan is reported as a 10% owner, indicating the filer is a large holder rather than an executive.
• A filing does not show why the insider traded or why the company acted.