Form 4: B. Riley Financial CFO Settles Restricted Stock Units Valued at $3.05 Per Share

Phillip J. Ahn, CFO and Chief Operating Officer of B. Riley Financial, Inc., reported the cash settlement of 7,349 restricted stock units at $3.05 per share, as part of a pre-arranged plan.

Summary

• Phillip J. Ahn, the Chief Financial Officer and Chief Operating Officer of B. Riley Financial, Inc. (RILY), reported a transaction on June 2, 2025.
• The transaction involved the cash settlement of 7,349 shares of common stock.
• These shares originated from restricted stock units (RSUs) that were granted on May 24, 2022, under the B. Riley Financial, Inc. 2021 Stock Incentive Plan.
• Each RSU was settled for $3.05, which was the closing price per share of the company's common stock on May 30, 2025.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-scheduled event.
• Following this reported transaction, Mr. Ahn beneficially owns 285,122 shares of B. Riley Financial common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (RSU settlement) and does not inherently convey positive or negative sentiment about the company's performance or prospects. It's a standard part of executive compensation.

Positives

• The transaction represents the vesting and settlement of previously granted restricted stock units, indicating the normal functioning of the company's equity compensation plan.
• The settlement at the market price of $3.05 per share reflects the value of the compensation at the time of settlement.

Negatives

• The disposition of 7,349 shares, even if for RSU settlement, results in a reduction of the direct equity holding of a key executive.

Risks

• No specific risks are detailed in this Form 4 filing, as it primarily reports an insider transaction related to equity compensation.

Future Outlook

This Form 4 filing is a historical report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction related to equity compensation. It does not provide broader industry context or trends, as its scope is limited to individual beneficial ownership changes.

Comparison to Industry Standards

• This Form 4 filing reports a standard RSU settlement for an executive, which is a common practice across industries as part of executive compensation plans.
• The document does not provide specific comparable companies, projects, or results to assess against industry benchmarks.

Stakeholder Impact

• Shareholders: The transaction represents a minor change in the beneficial ownership of a key executive. The settlement of RSUs is a standard compensation event and does not directly impact the company's operational performance or financial health.

Key Dates

Keywords

B. Riley Financial, RILY, Form 4, Insider Transaction, Restricted Stock Units, RSU Settlement, Phillip J. Ahn, CFO, Chief Operating Officer, Equity Compensation, Beneficial Ownership