Bryant R. Riley sells 1,155,382 Babcock & Wilcox (BW) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises 10% owner Bryant R. Riley reported a significant insider sale of common stock. On February 11, 2026, Riley executed an open-market sale of 1,155,382 shares of B&W common stock at $9 per share, reducing his directly held position to zero.
According to the filing, these shares were held directly by Riley and were sold to satisfy repayment of debt as described in a related Schedule 13D. The Form 4 is filed jointly with BRC Group Holdings, BRF Investments, and B. Riley Securities, which report large indirect holdings through affiliated entities and accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,155,382 shares ($10,398,438)
Net Sell
8 txns
Insider
BRC Group Holdings, Inc., BRF Investments, LLC, B. Riley Securities, Inc., RILEY BRYANT R
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
1,155,382 shs ($10.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value per share | 1,155,382 | $9.00 | $10.40M |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 0 shares (Direct);
Common Stock, $0.01 par value per share — 11,873,160 shares (Indirect, By BRF Investments, LLC)
Footnotes (1)
- 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. 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. Represents shares held directly by Bryant R. Riley that were sold to satisfy repayment of debt as further described in Schedule 13D.
FAQ
What insider transaction was reported for Babcock & Wilcox (BW)?
A major insider sale was reported. Bryant R. Riley sold 1,155,382 shares of Babcock & Wilcox common stock at $9 per share on February 11, 2026, according to a jointly filed Form 4.
Does Bryant R. Riley still have indirect exposure to Babcock & Wilcox (BW) stock?
Yes. The filing shows large indirect holdings through BRF Investments, B. Riley Securities, a 401(k) account, and several UTMA custodial accounts, even though his direct holding after the reported sale is listed as zero shares.
Which entities jointly filed the Form 4 for Babcock & Wilcox (BW)?
The Form 4 was filed jointly by BRC Group Holdings, Inc., BRF Investments, LLC, B. Riley Securities, Inc., and Bryant R. Riley. The structure reflects corporate relationships and indirect beneficial ownership through these affiliated entities.