BRC Group Holdings, Inc. - 11 Feb 2026 Form 4 Insider Report for Babcock & Wilcox Enterprises, Inc. (BW)

Role
10%+ Owner
Signature
BRC Group Holdings, Inc., by: /s/ Bryant R. Riley, Co-Chief Executive Officer
Issuer symbol
BW
Transactions as of
11 Feb 2026
Net transactions value
-$10,398,438
Form type
4
Filing time
13 Feb 2026, 17:00:08 UTC
Previous filing
27 Aug 2024

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
BRC Group Holdings, Inc. 10%+ Owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES BRC Group Holdings, Inc., by: /s/ Bryant R. Riley, Co-Chief Executive Officer 13 Feb 2026 0001464790
BRF Investments, LLC 10%+ Owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES BRF Investments, LLC, by: /s/ Bryant R. Riley, 13 Feb 2026 0001880803
B. Riley Securities, Inc. 10%+ Owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES B. Riley Securities, Inc., by: /s/ Frank J. Pigott, General Counsel and Secretary 13 Feb 2026 0001505748
RILEY BRYANT R 10%+ Owner 11100 SANTA MONICA BLVD.,, SUITE 800, LOS ANGELES by: /s/ Bryant R. Riley 13 Feb 2026 0001207269

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BW Common Stock, $0.01 par value per share Sale $10,398,438 -1,155,382 -100% $9.00 0 11 Feb 2026 Direct F3
holding BW Common Stock, $0.01 par value per share 11,873,160 11 Feb 2026 By BRF Investments, LLC F1, F2
holding BW Common Stock, $0.01 par value per share 15,573,362 11 Feb 2026 By B. Riley Securities, Inc. F1, F2
holding BW Common Stock, $0.01 par value per share 37,353 11 Feb 2026 Held in Bryant R. Riley's 401(k)account F1, F2
holding BW Common Stock, $0.01 par value per share 45,801 11 Feb 2026 By Bryant R. Riley, as UTMA custodian for Charlie Riley F1, F2
holding BW Common Stock, $0.01 par value per share 43,810 11 Feb 2026 By Bryant R. Riley, as UTMA custodian for Susan Riley F1, F2
holding BW Common Stock, $0.01 par value per share 45,436 11 Feb 2026 By Bryant R. Riley, as UTMA custodian for Abigail Riley F1, F2
holding BW Common Stock, $0.01 par value per share 45,431 11 Feb 2026 By Bryant R. Riley, as UTMA custodian for Eloise Riley F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed jointly by BRC Group Holdings, Inc., a Delaware corporation ("BRC"), BRF Investments, LLC ("BRFI"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), and Bryant R. Riley.
F2 BRC is the parent company of BRFI and the majority shareholder of B. Riley Securities Holdings, Inc. ("BRSH"). BRS is a wholly owned subsidiary of BRSH. As a result, BRC may be deemed to indirectly beneficially own the shares held by BRFI and BRS. Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRC. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the shares of Common Stock directly held by BRFI and BRS. Each of BRC, BRFI, BRS, and Bryant R. Riley disclaims beneficial ownership of the outstanding shares of Common Stock reported herein, except to the extent of its/his respective pecuniary interest therein.
F3 Represents shares held directly by Bryant R. Riley that were sold to satisfy repayment of debt as further described in Schedule 13D.