Andrew Moore - Nov 13, 2023 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role
CEO B. Riley Securities, Inc.
Signature
/s/ Andrew Moore
Stock symbol
RILY
Transactions as of
Nov 13, 2023
Transactions value $
-$1,253,632
Form type
4
Date filed
11/15/2023, 07:00 PM
Previous filing
Jul 27, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RILY Common Stock Sale -$1.25M -61.6K -16.23% $20.35 318K Nov 13, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were made by a broker, without instruction by the Reporting Person, to satisfy a margin call. As a Section 16 filer, the Reporting Person has not otherwise sold shares of the Issuer's common stock and the Reporting Person intends to continue increasing his investment in the Issuer over time.
F2 These transactions were executed in multiple trades at prices ranging from $16.72 to $24.14. The prices reported above reflect the weighted average sales prices. The Reporting Person hereby undertakes to provide upon request from 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.