Form 4: BRC Inc. CFO Stephen M. Kadenacy Reports Securities Transactions
SEC Form 4 Filing
Stephen M. Kadenacy, CFO of BRC Inc., reports the acquisition and disposal of Class A Common Stock, including purchases made under a resale registration statement.
Summary
- On September 13, 2024, Stephen M. Kadenacy, CFO of BRC Inc., engaged in transactions involving Class A Common Stock.
- Kadenacy indirectly acquired 157,729 shares at a price of $3.17 per share through a family trust.
- These shares were purchased in a transaction covered by a resale registration statement (SEC File No. 333-263627), which was declared effective on March 30, 2023.
- Following the reported transactions, Kadenacy directly owns 853,700 shares of Class A Common Stock and indirectly owns 339,953 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider trading activity, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/30/2023 | Resale registration statement (SEC File No. 333-263627) declared effective. |
| 09/13/2024 | Date of the reported securities transactions. |
| 09/17/2024 | Date of signature for the Form 4 filing. |
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