Form 4: Beasley Broadcast Group COO Brian Beasley Reports Tax-Related Stock Disposition
Insider Transaction Report
Brian E. Beasley, Chief Operating Officer and a 10% owner of Beasley Broadcast Group Inc. (BBGI), reported a disposition of Class A Common Stock to satisfy tax withholding obligations.
Summary
- Brian E. Beasley, Chief Operating Officer, Director, and 10% Owner of Beasley Broadcast Group Inc. (BBGI), reported a transaction on July 3, 2025.
- The transaction involved the disposition of 1,035 shares of Class A Common Stock at a price of $4.1 per share.
- This disposition was made to the issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following this transaction, Brian E. Beasley directly beneficially owns 27,464 shares of Class A Common Stock.
- Additionally, 680 shares are indirectly held by his children, for which Mr. Beasley disclaims beneficial ownership.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition for tax purposes, which is neutral in sentiment. It does not indicate a positive or negative outlook on the company's future performance.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive landscape within the broadcast media sector.
Related Party Transactions
- 680 shares of Class A Common Stock are indirectly held by the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities.
Stakeholder Impact
- The disposition of 1,035 shares for tax withholding purposes is a minor, non-discretionary transaction and is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/03/2025 | Date of disposition of Class A Common Stock to satisfy tax withholding obligations. |
| 07/07/2025 | Date the Form 4 was signed and filed. |
Keywords
Beasley Broadcast Group, BBGI, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Brian Beasley, Chief Operating Officer, Director, 10% Owner, Class A Common Stock
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