McCormick Andrew J. 4

What Happened Andrew J. McCormick, General Counsel & Corporate Secretary of BRC Inc. (BRCC), had 6,571 shares withheld by the company on March 6, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The shares were valued at $0.78 each, for a total of $5,154. This is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-06; Filing date: 2026-03-09 (report covers the March 6 event).
• Price reported: $0.78 per share; Shares withheld/disposed: 6,571; Total value: $5,154.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations in connection with the vesting of RSUs.
• Filing status: No late-filing notation provided in the supplied data.

Context This type of transaction is a routine tax-withholding action when RSUs vest: the company retains (withholds) a portion of the shares to cover required taxes rather than selling them on the open market or requiring a cash payment. Such withholdings are administrative and do not necessarily signal the insider’s view on the company’s stock.