Sharon Dziesietnik - Dec 13, 2024 Form 4 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Signature
/s/ Sharon Dziesietnik
Stock symbol
BRLT
Transactions as of
Dec 13, 2024
Transactions value $
-$10,435
Form type
4
Date filed
12/13/2024, 07:42 PM
Previous filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRLT Class A Common Stock Sale -$10.4K -5.32K -1.34% $1.96 392K Dec 13, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares of Class A common stock sold by the reporting person to cover estimated tax obligations in connection with the vesting and settlement of restricted stock units. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2024.
F2 This transaction was executed in multiple trades ranging from $1.95 to $1.97. The price reported above reflects the weighted average sale price. 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 transaction was effected.