Tyson Switzenberg holds 11.4% of Black Rock Coffee Bar (NASDAQ: BRCB)

Rhea-AI Filing Summary

Black Rock Coffee Bar, Inc. Schedule 13G filing reports that Tyson Switzenberg is deemed to beneficially own 2,308,915 shares of Class A Common Stock, representing 11.4% of the class based on a pro forma total of 20,326,386 shares outstanding as of April 1, 2026. The filing states his voting and dispositive powers stem from serving as investment advisor to the Brand Irrevocable Trusts, which hold 1,091,909 and 1,217,006 LLC Units of Black Rock Coffee Holdings, LLC that are convertible one-for-one into Class A Common Stock.

Insights

Corporate Governance Analyst

Holding reflects advisory control via trusts, not direct ownership.

The filing shows 2,308,915 shares attributable to Mr. Switzenberg via his role as investment advisor to the Brand Irrevocable Trusts. The trusts hold LLC Units convertible one-for-one into Class A shares; the filing disclaims direct beneficial ownership except for pecuniary interest.

Key dependencies include the trusts' election to redeem LLC Units and the issuer's independent directors' discretion over exchange mechanics; timing and transfer mechanics are not stated in the excerpt.

Securities Compliance Specialist

Schedule 13G disclosure is passive/beneficial ownership reporting, not a trading action.

This filing records beneficial ownership and voting/dispositive power numbers: 2,308,915 sole voting and dispositive power and a percent of class of 11.4% on a pro forma share base. It clarifies conversion mechanics from LLC Units to Class A shares.

Regulatory implication: the report documents holdings and potential conversion exposure; any future conversions or redemptions would require separate disclosure when they occur.

Key Figures

Beneficially owned shares: 2,308,915 shares Percent of class: 11.4% Pro forma shares outstanding: 20,326,386 shares +3 more

6 metrics

Beneficially owned shares 2,308,915 shares Amount attributable to Tyson Switzenberg via Brand Irrevocable Trusts

Percent of class 11.4% Percent of Class A on a pro forma basis

Pro forma shares outstanding 20,326,386 shares Total used for percent calculation as of <date>April 1, 2026</date>

Sole voting power 2,308,915 Sole voting power reported on cover page

LLC Units (Daniel J. Brand Trust) 1,091,909 units LLC Units held by the Daniel J. Brand 2021 Trust

LLC Units (Tanya N. Brand Trust) 1,217,006 units LLC Units held by the Tanya N. Brand 2021 Trust

Key Terms

LLC Units, Brand Irrevocable Trusts, convertible one‑for‑one, Class C Common Stock

4 terms

LLC Units financial

"holders of LLC Units may elect to have Black Rock OpCo redeem their LLC Units"

LLC units are ownership stakes in a limited liability company, similar to shares in a corporation; each unit represents a portion of the company’s profits, losses and often voting power. For investors, LLC units matter because they determine how much money and control someone gets, how easily an interest can be sold, and how income is taxed and reported — think of owning slices of a pie that also decide how the pie is cut and shared.

Brand Irrevocable Trusts other

"together with the Daniel J. Brand 2021 Trust, the "Brand Irrevocable Trusts""

convertible one‑for‑one financial

"redeem their LLC Units for either shares of Class A Common Stock on a one-for-one basis"

Class C Common Stock financial

"Upon any such redemption or exchange of LLC Units, the corresponding shares of Class C Common Stock will be cancelled"

A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Black Rock Coffee Bar, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

092244102

(CUSIP Number)

02/18/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 092244102

1

Names of Reporting Persons

Tyson Switzenberg

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,308,915.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,308,915.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,308,915.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.4 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Amount in rows 5 and 7 consists of (a) 1,091,909 membership units ("LLC Units") of Black Rock Coffee Holdings, LLC ("Black Rock OpCo") held by the Daniel J. Brand 2021 Trust and (b) 1,217,006 LLC Units held by the Tanya N. Brand 2021 Trust (together with the Daniel J. Brand 2021 Trust, the "Brand Irrevocable Trusts"). Mr. Switzenberg serves as the investment advisor for the Brand Irrevocable Trusts. As investment advisor of the Brand Irrevocable Trusts, Mr. Switzenberg may be deemed to hold voting and investment power with respect to the shares held by the Brand Irrevocable Trusts. Mr. Switzenberg disclaims beneficial ownership of the shares held by the Brand Irrevocable Trusts except to the extent of his pecuniary interest therein. Holders of LLC Units may elect to have Black Rock OpCo redeem their LLC Units for either shares of Class A Common Stock on a one-for-one basis or, at the Black Rock Coffee Bar, Inc.'s (the "Issuer") election (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. The total outstanding shares of Class A Common Stock used in calculating the percent of class assumes the conversion of all of the Reporting Person's LLC Units into Class A Common Stock, resulting in a total of 20,326,386 shares of Class A Common Stock outstanding (which reflects the sum of (i) 18,017,471 shares of Class A Common Stock outstanding as of April 1, 2026 and (ii) 2,308,915 shares of Class A Common Stock issuable upon conversion of the Reporting Person's LLC Units).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Black Rock Coffee Bar, Inc.
(b)	Address of issuer's principal executive offices: 9170 E. Bahia Drive, Suite 101, Scottsdale, AZ, 85260
Item 2.
(a)	Name of person filing: Tyson Switzenberg
(b)	Address or principal business office or, if none, residence: c/o Black Rock Coffee Bar, Inc. 9170 E. Bahia Drive, Suite 101, Scottsdale, AZ 85260
(c)	Citizenship: See Item 4 of the cover page.
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP Number(s): 092244102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Item 9 of the cover page.
(b)	Percent of class: See Item 11 of the cover page.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Item 5 of the cover page.
	(ii) Shared power to vote or to direct the vote: See Item 6 of the cover page.
	(iii) Sole power to dispose or to direct the disposition of: See Item 7 of the cover page.
	(iv) Shared power to dispose or to direct the disposition of: See Item 8 of the cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Tyson Switzenberg

Signature:	/s/ Tyson Switzenberg
Name/Title:	Tyson Switzenberg
Date:	04/16/2026

FAQ

What does Tyson Switzenberg report in the BRCB Schedule 13G?

He reports beneficial ownership of 2,308,915 shares of Class A Common Stock. The amount is attributable to LLC Units held by two Brand Irrevocable Trusts for which he is the investment advisor.

How much of BRCB does Switzenberg own percentage-wise?

The filing shows 11.4% of the Class A shares on a pro forma basis. That percent uses a pro forma total of 20,326,386 shares outstanding as of April 1, 2026 after converting his LLC Units.

Why are LLC Units mentioned in the filing for BRCB (BRCB)?

The Brand Irrevocable Trusts hold LLC Units of Black Rock Coffee Holdings, LLC that are redeemable one‑for‑one into Class A shares. The filing links those LLC Units to the reported 2,308,915 share figure.

Does the filing show Switzenberg directly owns the reported shares of BRCB?

No. He disclaims direct beneficial ownership of the shares held by the Brand Irrevocable Trusts, except for any pecuniary interest; his reporting reflects investment advisor status and attributable voting/dispositive power.