Matias Bentel - Jun 1, 2023 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
EVP, Chief Brands Officer
Signature
Jaileah X. Huddleston, Attorney in Fact for Matias Bentel
Stock symbol
BFA
Transactions as of
Jun 1, 2023
Transactions value $
-$23,124
Form type
4
Date filed
6/5/2023, 08:15 PM
Previous filing
Aug 1, 2022
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +1.13K $0.00 1.13K Jun 1, 2023 Direct F1
transaction BFA Class A Common Tax liability -$23.1K -351 -30.95% $65.88 783 Jun 1, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued on June 1, 2023, in connection with a July 30, 2020, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2023.
F2 To satisfy withholding obligations associated with the July 30, 2020, award of performance-based restricted stock units that were issued as shares on June 1, 2023, the reporting person surrendered 351 shares of Class A common stock.
F3 The closing price of BF-A on April 28, 2023, was used to calculate the withholding obligation.