EVP & General Counsel Sells $856K in BRC Group Holdings Stock
RILY has more than doubled off its 52-week low of $2.785.
Summary
BRC Group Holdings' EVP and General Counsel, Alan N. Forman, sold 100,000 shares of company stock for $856,691, following a recent filing of intent to sell.
Key Events · Ownership and Investor Activity · RILY
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Officer Sells Shares
Alan N. Forman, EVP and General Counsel, sold 100,000 shares of common stock in open market transactions.
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Transaction Value
The total value of the shares sold was $856,691, executed at prices ranging from $8.40 to $9.26 per share.
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Follows Intent to Sell
This sale executes the intent to sell previously disclosed in a Form 144/A filing on May 13, 2026.
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Post-Transaction Holdings
Following these transactions, Forman's direct holdings in the company are 117,272 shares.
Analysis · RILY · Finance
Alan N. Forman, EVP and General Counsel, executed the sale of 100,000 shares of BRC Group Holdings common stock for approximately $856,691. This transaction follows a Form 144/A filing on May 13, 2026, which indicated his intent to sell these shares. The sale represents a significant disposition by a key officer, occurring shortly after the company reported strong Q1 2026 financial results.
At the time of this filing, RILY was trading at $9.10 on NASDAQ in the Finance sector, with a market capitalization of approximately $334.5M. The 52-week trading range was $2.79 to $10.97. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.