Cynosure Group, LLC - Sep 12, 2025 Form 3 Insider Report for Black Rock Coffee Bar, Inc. (BRCB)

Signature
/s/ Andrew Braithwaite, Authorized Signatory
Stock symbol
BRCB
Transactions as of
Sep 12, 2025
Transactions value $
$0
Form type
3
Date filed
9/12/2025, 08:46 PM

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
Cynosure Group, LLC Director, 10%+ Owner 111 S. MAIN STREET, SUITE 2350, SALT LAKE CITY /s/ Andrew Braithwaite, Authorized Signatory 2025-09-12 0001763409
Cynosure Partners 2020, LP Director, 10%+ Owner 111 S. MAIN STREET, SUITE 2350, SALT LAKE CITY /s/ Andrew Braithwaite, Authorized Signatory 2025-09-12 0001826569
Cynosure Partners 2020 PV, LP Director, 10%+ Owner 111 S. MAIN STREET, SUITE 2350, SALT LAKE CITY /s/ Andrew Braithwaite, Authorized Signatory 2025-09-12 0001840055
Cynosure Partners 2020 Co-investment, LLC Director, 10%+ Owner 111 S. MAIN STREET, SUITE 2350, SALT LAKE CITY /s/ Andrew Braithwaite, Authorized Signatory 2025-09-12 0001844090
Cynosure Partners III, LP Director, 10%+ Owner 111 S. MAIN STREET, SUITE 2350, SALT LAKE CITY /s/ Andrew Braithwaite, Authorized Signatory 2025-09-12 0001951018
Cynosure Partners III Offshore, LP Director, 10%+ Owner 111 S. MAIN STREET, SUITE 2350, SALT LAKE CITY /s/ Andrew Braithwaite, Authorized Signatory 2025-09-12 0002050077

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BRCB Class B Common Stock 7.87M Sep 12, 2025 See footnote F1
holding BRCB Class A Common Stock 316K Sep 12, 2025 See footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BRCB LLC Units Sep 12, 2025 Class A Common Stock 7.87M See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 3,514,041 shares of Class B Common Stock held by Cynosure Partners 2020, LP, (ii) 260,660 shares of Class B Common Stock held by Cynosure Partners 2020 PV, LP, (iii) 660,106 shares of Class B Common Stock held by Cynosure Partners 2020 Co-Investment, LLC (for and on behalf Series A members), (iv) 1,247,093 shares of Class B Common Stock held by Cynosure Partners 2020 Co-Investment, LLC (for and on behalf Series B members), and (v) 2,190,692 shares of Class B Common Stock held by Cynosure Partners III, LP. The Cynosure Group, LLC, is the manager for, and has sole voting and investment power with respect to, the shares of Class B Common Stock held by each of these entities. Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer held directly by any of the other Reporting Persons except to the extent of their pecuniary interest therein.
F2 Consists of 316,012 shares of Class A Common Stock held by Cynosure Partners III Offshore, LP. The Cynosure Group, LLC, is the manager for, and has sole voting and investment power with respect to, the shares of Class A Common Stock held by Cynosure Partners III Offshore, LP. Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer held directly by any of the other Reporting Persons except to the extent of their pecuniary interest therein.
F3 The LLC Units may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date.

Remarks:

Each of the Reporting Persons may be deemed to be a director-by-deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934 by virtue of The Cynosure Group, LLC's current right to nominate an individual to serve on the board of directors of the Issuer (the "Board"), and under which Andrew Braithwaite, a Managing Director of The Cynosure Group, LLC, serves on the Board.