CYNOSURE GROUP, LLC purchased 13.64M shares of BLACK ROCK COFFEE BAR, INC. on the open market
Open‑market purchase worth $72.99M. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 5/19/2026ACC: 0001213900-26-059157
Director10% Owner
Since Sep 2025
+25.57M
Net shares
Net buyer
$72.99M
Total acquired
2
Open market trades
2B · 0S
6
Total transactions
25.81M acquired · 239.78K disposed
Non-Derivative Transactions4
Class B Common Stock
Indirect
Shares
+12.04M
Price / share
$5.35
Trade value
$64.43M
% of position
153.0%
5/15/2026
7.87M→19.92M
Class A Common Stock
Indirect
Shares
+1.60M
Price / share
$5.35
Trade value
$8.56M
% of position
506.3%
5/15/2026
316.01K→1.92M
Class B Common Stock
Indirect
Shares
−119.89K
Price / share
—
Trade value
—
% of position
0.6%
5/15/2026
19.92M→19.80M
Class A Common Stock
Indirect
Shares
+119.89K
Price / share
—
Trade value
—
% of position
6.3%
5/15/2026
1.92M→2.04M
Total
Net shares
+13.64M
Net value
$72.99M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock Indirect | 5/15/2026 | P · Purchase | +12.04M | $5.35 | $64.43M | 153.0% | 7.87M | 19.92M |
| Class A Common Stock Indirect | 5/15/2026 | P · Purchase | +1.60M | $5.35 | $8.56M | 506.3% | 316.01K | 1.92M |
| Class B Common Stock Indirect | 5/15/2026 | J · J | −119.89K | — | — | 0.6% | 19.92M | 19.80M |
| Class A Common Stock Indirect | 5/15/2026 | C · Conversion | +119.89K | — | — | 6.3% | 1.92M | 2.04M |
| Total | +13.64M | $72.99M | ||||||
Derivative Transactions2
LLC Units
Indirect
Converts to
Class A Common Stock
12.04M shares
Shares
+12.04M
Strike price
Held after
19.92M
Exercisable
—
5/15/2026
LLC Units
Indirect
Converts to
Class A Common Stock
119.89K shares
Shares
−119.89K
Strike price
Held after
19.80M
Exercisable
—
5/15/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| LLC Units Indirect | Class A Common Stock12.04M shares | 5/15/2026 | P · Purchase | +12.04M | — | 19.92M | |
| LLC Units Indirect | Class A Common Stock119.89K shares | 5/15/2026 | C · Conversion | −119.89K | — | 19.80M |