MAINSAIL GP III, LLC - 10 Aug 2026 Form 4 Insider Report for Brilliant Earth Group, Inc. (BRLT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Aug 2026, 19:18:03 UTC
Prior SEC filing
17 Mar 2025
Next SEC filing
26 Aug 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gavin Turner, Mainsail GP III, LLC

Key filing fact

MAINSAIL GP III, LLC filed Form 4 for Brilliant Earth Group, Inc. (BRLT) on 12 Aug 2026.

Key facts

  • This page summarizes MAINSAIL GP III, LLC's Form 4 filing for Brilliant Earth Group, Inc. (BRLT).
  • 4 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 12 Aug 2026, 19:18.

Change

  • Previous filing in this sequence was filed on 17 Mar 2025.
  • Current net transaction value: -$64,350.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (5)

CIK 0001883360 Primary reporting owner

MAINSAIL GP III, LLC

Relationship
10%+ Owner
Address
C/O MAINSAIL MANAGEMENT COMPANY, LLC, 500 WEST 5TH STREET, SUITE 1100, AUSTIN
Signature
/s/ Gavin Turner, Mainsail GP III, LLC
Signature date
12 Aug 2026
CIK 0001543760

Mainsail Partners III, L.P.

Relationship
10%+ Owner
Address
C/O MAINSAIL MANAGEMENT COMPANY, LLC, 500 WEST 5TH STREET, SUITE 1100, AUSTIN
Signature
/s/ Gavin Turner, Mainsail Partners III, L.P.
Signature date
12 Aug 2026
CIK 0001570211

Mainsail Co-Investors III, L.P.

Relationship
10%+ Owner
Address
C/O MAINSAIL MANAGEMENT COMPANY, LLC, 500 WEST 5TH STREET, SUITE 1100, AUSTIN
Signature
/s/ Gavin Turner, Mainsail Co-Investors III, L.P.
Signature date
12 Aug 2026
CIK 0001883293

MAINSAIL INCENTIVE PROGRAM, LLC

Relationship
10%+ Owner
Address
C/O MAINSAIL MANAGEMENT COMPANY, LLC, 500 WEST 5TH STREET, SUITE 1100, AUSTIN
Signature
/s/ Gavin Turner, Mainsail Incentive Program, LLC
Signature date
12 Aug 2026
CIK 0001883367

MAINSAIL MANAGEMENT COMPANY, LLC

Relationship
10%+ Owner
Address
C/O MAINSAIL MANAGEMENT COMPANY, LLC, 500 WEST 5TH STREET, SUITE 1100, AUSTIN
Signature
/s/ Gavin Turner, Mainsail Management Company, LLC
Signature date
12 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BRLT transaction

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Footnotes
F1, F2, F3, F4
BRLT transaction

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Footnotes
F1, F2, F3, F4
BRLT transaction

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Footnotes
F1, F2, F3, F4
BRLT transaction

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Footnotes
F1, F2, F3, F4
BRLT transaction

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Footnotes
F1, F2, F3, F4
BRLT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4
BRLT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4
BRLT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4
BRLT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4
BRLT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4
BRLT transaction

Class A Common Stock

Sale

Transaction value
$64,350
Shares
-50,000
Change %
-100%
Price
$1.29
Shares after
0
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4, F5
BRLT transaction

Class A Common Stock

Sale

Transaction value
$64,350
Shares
-50,000
Change %
-100%
Price
$1.29
Shares after
0
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4, F5
BRLT transaction

Class A Common Stock

Sale

Transaction value
$64,350
Shares
-50,000
Change %
-100%
Price
$1.29
Shares after
0
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4, F5
BRLT transaction

Class A Common Stock

Sale

Transaction value
$64,350
Shares
-50,000
Change %
-100%
Price
$1.29
Shares after
0
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4, F5
BRLT transaction

Class A Common Stock

Sale

Transaction value
$64,350
Shares
-50,000
Change %
-100%
Price
$1.29
Shares after
0
Date
10 Aug 2026
Ownership
See footnote
Footnotes
F1, F4, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BRLT transaction Derivative

LLC Units

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1, F2, F3, F4
BRLT transaction Derivative

LLC Units

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1, F2, F3, F4
BRLT transaction Derivative

LLC Units

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1, F2, F3, F4
BRLT transaction Derivative

LLC Units

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1, F2, F3, F4
BRLT transaction Derivative

LLC Units

Conversion of derivative security

Transaction value
Shares
-50,000
Change %
-0.16%
Price
Shares after
31,848,071
Date
10 Aug 2026
Ownership
See footnotes
Underlying class
Class A Common Stock
Underlying amount
50,000
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents common units of Brilliant Earth, LLC (the "LLC Units") and shares of Class B common stock exchanged for shares of Class A common stock including (i) 48,824 LLC Units and shares of Class B common stock exchanged by Mainsail Partners III, L.P. ("MP III"), (ii) 97 LLC Units and shares of Class B common stock exchanged by Mainsail Incentive Program, LLC ("MIP"), and (iii) 1,079 LLC Units and shares of Class B common stock exchanged by Mainsail Co-Investors III, L.P. ("MCOI").

Footnote F2

LLC Units (together with one share of Class B common stock for every LLC Unit) are exchangeable for one share of the Issuer's Class A common stock. The reported LLC Units, which were acquired by the reporting persons prior to the Issuer's initial public offering, do not expire.

Footnote F3

Consists of (i) 31,098,704 shares of Class B common stock (and associated LLC Units) held by MP III, (ii) 61,823 shares of Class B common stock (and associated LLC Units) held by MIP, and (iii) 687,544 shares of Class B common stock (and associated LLC Units) held by MCOI.

Footnote F4

Mainsail GP III, LLC ("GP III") is the general partner of MP III. MCOI is a co-investment vehicle that invests alongside MP III. GP III is the general partner of MCOI. A three member investment committee of GP III acts by a majority vote, with Gavin Turner possessing a veto right, with respect to the voting and dispositive power of the securities held by MP III and MCOI. Mainsail Management Company, LLC ("MMC") is the managing member of MIP, and Gavin Turner is the sole Manager of MMC. Mr. Turner has separately reported the transactions and reported securities reflected in this statement. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interests therein.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $1.25 to $1.40, inclusive. The reported price reflects the weighted average sale price. The reporting persons hereby undertake to provide upon request to the United States Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was affected.

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