Timothy M. Nall - 01 Apr 2024 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Nancie Oliver Mauffray, Attorney in Fact for Timothy M. Nall
Issuer symbol
BF-A
Transactions as of
01 Apr 2024
Net transactions value
-$60,841
Form type
4
Filing time
03 Apr 2024, 17:45:44 UTC
Previous filing
31 Jul 2023
Next filing
01 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class B Common Options Exercise $286,355 +8,043 +166% $35.60 12,884 01 Apr 2024 Direct
transaction BFA, BFB Class B Common Tax liability $347,196 -6,726 -52% $51.62 6,158 01 Apr 2024 Direct F1
holding BFA, BFB Class B Common 9 01 Apr 2024 Family Trust
holding BFA, BFB Class B Common 6,657 01 Apr 2024 By 401k F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFA, BFB Stock Appreciation Right Options Exercise $0 -8,043 -100% $0.000000* 0 01 Apr 2024 Class B Common 8,043 $35.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on March 28, 2024, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's 401(k) plan as of April 2, 2024.

Remarks:

Includes Exhibit 24 - Power of Attorney