Form 4: BRC Inc. CFO Stephen M. Kadenacy Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Stephen M. Kadenacy, CFO of BRC Inc., disposed of 15,218 shares of Class A Common Stock on September 18, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On September 18, 2024, Stephen M. Kadenacy, the CFO of BRC Inc., disposed of 15,218 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The price per share for the disposal was $3.72.
- Following the transaction, Kadenacy directly owns 838,482 shares of Class A Common Stock and indirectly owns 339,953 shares through a family trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of stock disposal transaction. |
| 09/20/2024 | Date of signature on the Form 4 filing. |
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