RILY.NASDAQB Riley Financial, INC

Form 4: B. Riley Financial CFO Phillip J. Ahn Reports Stock Disposal

Sentiment:

SEC Form 4

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Phillip J. Ahn, CFO & Chief Operating Officer of B. Riley Financial, Inc., reports the disposal of 22,055 shares of common stock due to cash settlement of restricted stock units.

Summary

  • On March 14, 2025, Phillip J. Ahn, CFO & Chief Operating Officer of B. Riley Financial, Inc., disposed of 22,055 shares of common stock.
  • The disposal was a result of the cash settlement of restricted stock units (RSUs) granted under the B. Riley Financial, Inc. 2021 Stock Incentive Plan.
  • Each RSU was settled for $4.16, which was the closing price per share of common stock on March 13, 2025.
  • Following the transaction, Ahn directly owns 292,471 shares of B. Riley Financial, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction (RSU settlement). It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's disposal of shares due to RSU settlement, which is a common form of executive compensation.

Stakeholder Impact

  • Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.

Key Dates

DateDescription
02/24/2023Date of restricted stock units (RSUs) granted under the B. Riley Financial, Inc. 2021 Stock Incentive Plan.
03/04/2024Date of restricted stock units (RSUs) granted under the B. Riley Financial, Inc. 2021 Stock Incentive Plan.
03/13/2025Closing price per share of common stock of the Company was $4.16.
03/14/2025Date of transaction: cash settlement of restricted stock units (RSUs).
03/18/2025Date of signature.

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