Timothy M. Nall - Apr 1, 2024 Form 4 Insider Report for BROWN FORMAN CORP (BFA, BFB)

Role
EVP, Chief Supp/Tech
Signature
Nancie Oliver Mauffray, Attorney in Fact for Timothy M. Nall
Stock symbol
BFA, BFB
Transactions as of
Apr 1, 2024
Transactions value $
-$60,841
Form type
4
Date filed
4/3/2024, 05:45 PM
Previous filing
Jul 31, 2023
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class B Common Options Exercise $286K +8.04K +166.14% $35.60 12.9K Apr 1, 2024 Direct
transaction BFA, BFB Class B Common Tax liability -$347K -6.73K -52.2% $51.62 6.16K Apr 1, 2024 Direct F1
holding BFA, BFB Class B Common 9 Apr 1, 2024 Family Trust
holding BFA, BFB Class B Common 6.66K Apr 1, 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 -8.04K -100% $0.00* 0 Apr 1, 2024 Class B Common 8.04K $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