RILY.NASDAQB Riley Financial, INC

Form 4: B. Riley Financial EVP Alan Forman Reports Stock Disposal

Sentiment:

SEC Form 4 Filing

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Alan Forman, EVP, General Counsel, and Secretary of B. Riley Financial, Inc., reports the disposal of 10,376 shares of common stock due to the cash settlement of restricted stock units.

Summary

  • On March 14, 2025, Alan N. Forman, EVP, General Counsel, and Secretary of B. Riley Financial, Inc., disposed of 10,376 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 B. Riley Financial's common stock on March 13, 2025.
  • Following the transaction, Forman directly owns 142,941 shares of B. Riley Financial, Inc.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an executive's stock transaction related to RSU settlement. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities. This filing indicates a transaction by a key executive of B. Riley Financial.

Key Dates

DateDescription
February 24, 2023Date of grant for some of the restricted stock units (RSUs) that were settled.
March 4, 2024Date of grant for some of the restricted stock units (RSUs) that were settled.
March 13, 2025Closing price of $4.16 per share of common stock of B. Riley Financial, Inc.
March 14, 2025Date of the transaction where 10,376 shares were disposed of due to RSU settlement.
March 18, 2025Date of signature for the Form 4 filing.

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