Glenn W. Welling - Jul 18, 2025 Form 4 Insider Report for BRC Inc. (BRCC)

Role
Director, 10%+ Owner
Signature
/s/ Glenn W. Welling
Stock symbol
BRCC
Transactions as of
Jul 18, 2025
Transactions value $
$500,000
Form type
4
Date filed
7/22/2025, 04:39 PM
Previous filing
Jun 23, 2025
SEC
View on sec.gov

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
Welling Glenn W. Director, 10%+ Owner C/O ENGAGED CAPITAL, LLC, 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH /s/ Glenn W. Welling 2025-07-22 0001580771
Engaged Capital LLC 10%+ Owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH Engaged Capital, LLC; By: /s/ Glenn W. Welling, Authorized Signatory 2025-07-22 0001559771
Engaged Capital Holdings, LLC 10%+ Owner 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH Engaged Capital Holdings, LLC; By: /s/ Glenn W. Welling, Authorized Signatory 2025-07-22 0001580769
Engaged Capital Flagship Master Fund, LP 10%+ Owner CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 2681, GRAND CAYMAN, CAYMAN ISLANDS Engaged Capital Flagship Master Fund, LP; By: Engaged Capital, LLC; By: /s/ Glenn W. Welling, Authorized Signatory 2025-07-22 0001580761

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRCC Class A Common Stock Purchase $500K +400K +2.96% $1.25 13.9M Jul 18, 2025 By: Engaged Capital Flagship Master Fund, LP F1, F2, F3
holding BRCC Class A Common Stock 255K Jul 18, 2025 Direct F1
holding BRCC Class A Common Stock 506K Jul 18, 2025 By: Welling Family Trust F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Engaged Capital Flagship Master Fund, LP ("Engaged Capital Flagship Master"), Engaged Capital, LLC ("Engaged Capital"), Engaged Capital Holdings, LLC ("Engaged Holdings") and Glenn W. Welling (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of BRC Inc.'s (the "Issuer") outstanding Class A Common Stock. Mr. Welling is a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2 Shares of the Issuer's Class A Common Stock acquired in the Issuer's underwritten public offering at the public offering price of $1.25 per share.
F3 Securities owned directly by Engaged Capital Flagship Master. As the general partner and investment adviser of Engaged Capital Flagship Master, Engaged Capital may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Engaged Holdings, as the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master. Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, and as the sole member of Engaged Holdings, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master.
F4 Securities held in the Welling Family Trust. Mr. Welling, as Trustee of the Welling Family Trust, may be deemed to beneficially own the securities held in the Welling Family Trust.