Form 4: B. Riley Financial Co-CEO Thomas Kelleher Reports Stock Disposal

Thomas Kelleher, Co-CEO of B. Riley Financial, reports the disposal of 44,109 shares of common stock due to cash settlement of restricted stock units.

Summary

• On March 14, 2025, Thomas J. Kelleher, Co-CEO of B. Riley Financial, Inc., disposed of 44,109 shares of common stock.
• The disposal was a result of the cash settlement of restricted stock units (RSUs) granted under the company's 2021 Stock Incentive Plan.
• Each RSU was settled for $4.16, which was the closing price per share of B. Riley Financial's common stock on March 13, 2025.
• Following the transaction, Kelleher directly owns 107,011 shares and indirectly owns 902,288 shares through the Kelleher Family Trust, 34,118 shares through a self-directed IRA, and additional shares through his wife and daughters.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership.

Key Dates