Viking Cake Fuel, LLC - 20 Mar 2026 Form 4 Insider Report for Black Rock Coffee Bar, Inc. (BRCB)

Reporting relationship: 10%+ Owner
Issuer ticker: BRCB
Reported as of: 20 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 Mar 2026, 16:05:40 UTC
Source filing: View source filing
Reporting owner signature: /s/ Daniel Brand, as manager of Viking Cake Fuel, LLC

Key filing fact

Viking Cake Fuel, LLC filed Form 4 for Black Rock Coffee Bar, Inc. (BRCB) on 23 Mar 2026.

Key facts

This page summarizes Viking Cake Fuel, LLC's Form 4 filing for Black Rock Coffee Bar, Inc. (BRCB).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 23 Mar 2026, 16:05.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

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 (1)

CIK 0002084799 Primary reporting owner

Viking Cake Fuel, LLC

Relationship: 10%+ Owner
Address: C/O BLACK ROCK COFFEE BAR, INC., 9170 E. BAHIA DRIVE, SUITE 101, SCOTTSDALE
Signature: /s/ Daniel Brand, as manager of Viking Cake Fuel, LLC
Signature date: 23 Mar 2026

Reported derivative securities

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

BRCB transaction Derivative

LLC Units

Other

Transaction value
Shares: -5,809,390
Change %: -50%
Price: $0.000000^*
Shares after: 5,809,391
Date: 20 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,809,390
Exercise price
Footnotes: F1, F4

BRCB transaction Derivative

Class C Common Stock

Other

Transaction value
Shares: -5,809,390
Change %: -50%
Price: $0.000000^*
Shares after: 5,809,391
Date: 20 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,809,390
Exercise price
Footnotes: 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 4 footnotes

Footnote F1

LLC units ("LLC Units") represent the membership units of Black Rock Coffee Holdings, LLC ("Black Rock OpCo") and an equal number of shares of Class C common stock ("Class C Common Stock") of the Issuer. Holders may elect to have Black Rock OpCo redeem their LLC Units at any time for either shares of Class A common stock ("Class A Common Stock") on a one-for-one basis or, at the Issuer's election (determined solely by the Issuer's independent directors who are disinterested), a corresponding amount of cash, in either case, contributed to Black Rock OpCo by the Issuer, unless the Issuer elects, in its sole discretion (determined solely by the Issuer's independent directors who are disinterested), to effect such transaction as a direct exchange with the relevant holder. Upon any such redemption or exchange of LLC Units, the corresponding shares of Class C Common Stock will be cancelled.

Footnote F2

The Class C Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis; provided that, at the Issuer's election (determined solely by the Issuer's independent directors who are disinterested), the Issuer may effect such exchange for a cash payment equal to a volume weighted average market price of one share of Class A Common Stock for each LLC Unit so redeemed.

Footnote F3

Each outstanding share of Class C Common Stock will automatically convert into one share of the Issuer's Class B common stock upon the earlier of (i) September 15, 2035 and (ii) with respect to Daniel Brand, Jeff Hernandez, Jake Spellmeyer and Bryan Pereboom (collectively, the "Co-Founders"), the date on which the aggregate number of shares of Class C Common Stock held by such Co-Founder or certain of their affiliates is less than thirty-three percent (33%) of the shares of Class C Common Stock held by such Co-Founder and certain of their affiliates as of September 15, 2025.

Footnote F4

On March 20, 2026, Viking Cake Fuel, LLC, which is a wholly-owned subsidiary of Viking Cake BR, LLC, transferred a total of 5,809,390 shares of Class C Common Stock and an equal number of LLC Units to Viking Cake BR, LLC.