Bryant R. Riley - Dec 16, 2022 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role
Chairman and Co-CEO, Director, 10%+ Owner
Signature
/s/ Bryant R. Riley
Stock symbol
RILY
Transactions as of
Dec 16, 2022
Transactions value $
$4,815,612
Form type
4
Date filed
12/19/2022, 05:19 AM
Previous filing
Dec 15, 2022
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RILY Common Stock Purchase $4.82M +120K +1.97% $40.13 6.21M Dec 16, 2022 Direct F1, F2
holding RILY Common Stock 16.5K Dec 16, 2022 UTMA account of S.R. F3, F8
holding RILY Common Stock 16.5K Dec 16, 2022 UTMA account of C.R. F4, F8
holding RILY Common Stock 16.5K Dec 16, 2022 UTMA account of A.R. F5, F8
holding RILY Common Stock 16.5K Dec 16, 2022 UTMA account of E.R. F6, F8
holding RILY Common Stock 108K Dec 16, 2022 By B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley F7
holding RILY Common Stock 200K Dec 16, 2022 By the Robert Antin Children Irrevocable Trust F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were executed in multiple trades at prices ranging from $39.795 to $40.48. The prices reported above reflect the weighted average purchase prices. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 Bryant R. Riley (the "Reporting Person") beneficially owns these shares directly or jointly with his wife.
F3 The shares are held for S.R., the child of the Reporting Person, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which the Reporting Person serves as custodian.
F4 The shares are held for C.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
F5 The shares are held for A.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
F6 The shares are held for A.R., the child of the Reporting Person, through a custodial account established pursuant to the UTMA for which the Reporting Person serves as custodian.
F7 B. Riley Financial, Inc. 401(k) Profit Sharing Plan FBO Bryant Riley was formerly known as "B. Riley & Co., LLC 401(k) Profit Sharing Plan FBO Bryant Riley."
F8 The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F9 Held of record by the Robert Antin Children Irrevocable Trust Dtd 1/1/01 (the "Trust"). The Reporting Person, as Trustee of the Trust, may be deemed to beneficially own the shares held by the Trust.