Form 4: BRC Inc. CFO Stephen Kadenacy Awarded 150,000 Restricted Stock Units

BRC Inc.'s Chief Financial Officer, Stephen M. Kadenacy, received 150,000 restricted stock units (RSUs) under the company's 2022 Omnibus Incentive Plan.

Summary

• Stephen M. Kadenacy, the Chief Financial Officer of BRC Inc., was granted 150,000 shares of Class A Common Stock on April 8, 2025.
• These shares are in the form of restricted stock units (RSUs) awarded under the company's 2022 Omnibus Incentive Plan.
• The RSUs will fully vest three months after the grant date, contingent upon Kadenacy's continuous service to BRC Inc.
• Each RSU represents the right to receive one share of BRC Inc.'s Class A Common Stock upon settlement, at no cost to the CFO.
• Following this transaction, Kadenacy directly owns 988,482 shares of Class A Common Stock and indirectly owns 339,953 shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment.

Positives

• The grant of RSUs aligns the CFO's interests with those of the shareholders, incentivizing him to contribute to the company's long-term success.
• The vesting schedule encourages continued service and commitment from the CFO.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure of insider transactions. It is common for companies to grant stock options or restricted stock units to executives as part of their compensation packages.

Stakeholder Impact

• The grant of RSUs could have a minor positive impact on shareholder sentiment, as it aligns management's interests with those of the shareholders.

Key Dates

Keywords

BRC Inc., Stephen Kadenacy, CFO, restricted stock units, RSUs, Class A Common Stock, beneficial ownership, Form 4, insider trading