Matthew E. Hamel - Apr 30, 2024 Form 4 Insider Report for BROWN FORMAN CORP (BFA, BFB)

Role
Former EVP and General Counsel
Signature
Nancie Oliver Mauffray, Attorney in Fact for Matthew E. Hamel
Stock symbol
BFA, BFB
Transactions as of
Apr 30, 2024
Transactions value $
-$34,164
Form type
4
Date filed
5/2/2024, 05:11 PM
Previous filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class B Common Options Exercise $304K +8.54K +44.37% $35.60 27.8K Apr 30, 2024 Direct
transaction BFA, BFB Class B Common Tax liability -$338K -6.95K -25% $48.69 20.8K Apr 30, 2024 Direct F1
holding BFA, BFB Class B Common 19.8K Apr 30, 2024 2021 GRAT
holding BFA, BFB Class B Common 30.7K Apr 30, 2024 GRAT
holding BFA, BFB Class B Common 20.6K Apr 30, 2024 By 401k F2
holding BFA, BFB Class B Common 20.2 Apr 30, 2024 DRIP F3
holding BFA, BFB Class B Common 5.41K Apr 30, 2024 ESPP F4
holding BFA, BFB Class B Common 107K Apr 30, 2024 Spouse Trust

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 -8.54K -100% $0.00* 0 Apr 30, 2024 Class B Common 8.54K $35.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Matthew E. Hamel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on April 29, 2024, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's 401(k) plan as of May 1, 2024.
F3 Number of shares acquired through the issuer's dividend reinvestment plan as of May 2, 2024,
F4 Number of shares acquired through the issuer's employee stock purchase program as of May 2, 2024.