RILY.NASDAQB Riley Financial, INC

Form 4: B. Riley Financial Chairman Bryant Riley Settles Restricted Stock Units

Sentiment:

SEC Form 4 Filing

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Bryant R. Riley, Chairman and Co-CEO of B. Riley Financial, Inc., settled restricted stock units for cash and reported changes in beneficial ownership of common stock.

Summary

  • On March 14, 2025, Bryant R. Riley, Chairman and Co-CEO of B. Riley Financial, Inc., settled 44,109 restricted stock units (RSUs) for cash at a price of $4.16 per share.
  • The settlement was related to RSUs granted on February 24, 2023, and March 4, 2024, under the company's 2021 Stock Incentive Plan.
  • Following the transaction, Riley directly owns 6,800,817 shares of B. Riley Financial, Inc. common stock.
  • Riley also indirectly owns shares through UTMA accounts for his children and through the B. Riley Financial, Inc. 401(k) Profit Sharing Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and major shareholders.

Key Dates

DateDescription
February 24, 2023Date of grant of some of the restricted stock units (RSUs) that were settled.
March 4, 2024Date of grant of some of the restricted stock units (RSUs) that were settled.
March 14, 2025Date of cash settlement of 44,109 restricted stock units (RSUs).
March 13, 2025Closing price per share of common stock of the Company on this date was $4.16
March 18, 2025Date of signature on the Form 4 filing.

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