Form 4: B. Riley Financial Executive Settles Restricted Stock Units for Cash

Alan N. Forman, EVP, General Counsel, and Secretary of B. Riley Financial, Inc., reported the cash settlement of 1,373 restricted stock units at $3.05 per unit, effective June 2, 2025.

Summary

• Alan N. Forman, the Executive Vice President, General Counsel, and Secretary of B. Riley Financial, Inc. (RILY), filed a Form 4.
• The filing reports the cash settlement of 1,373 restricted stock units (RSUs) on June 2, 2025.
• Each RSU was settled for $3.05, which was the closing price per share of the company's common stock on May 30, 2025.
• These RSUs were originally granted on May 24, 2022, under the B. Riley Financial, Inc. 2021 Stock Incentive Plan.
• Following this transaction, Mr. Forman beneficially owns 141,568 shares of B. Riley Financial common stock directly.

Sentiment

Score: 5

Explanation: This is a neutral event, representing a routine cash settlement of restricted stock units as part of executive compensation. It does not indicate a positive or negative sentiment regarding the company's performance or future prospects.

Future Outlook

This Form 4 filing pertains to a specific, pre-scheduled compensation event and does not provide forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction related to executive compensation and does not provide broader insights into industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The impact is minimal as this is a routine compensation event for an executive and involves a small number of units relative to the company's total outstanding shares.

Key Dates

Recommendation

Keywords

B. Riley Financial, RILY, Form 4, Insider Transaction, Restricted Stock Units, RSU Settlement, Executive Compensation, Alan N. Forman