Jeremy J. Shepherd - Jun 3, 2024 Form 4 Insider Report for BROWN FORMAN CORP (BFA, BFB)

Role
EVP, Pres, USA & Canada
Signature
Nancie Oliver Mauffray, Attorney-in-Fact for Jeremy J. Shepherd
Stock symbol
BFA, BFB
Transactions as of
Jun 3, 2024
Transactions value $
-$4,689
Form type
4
Date filed
6/5/2024, 05:03 PM
Previous filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class B Common +Grant/Award $0 +247 +8.21% $0.00 3,257 Jun 3, 2024 Direct F1
transaction BFA, BFB Class B Common -Tax liability -$4,689 -98 -3.01% $47.85 3,159 Jun 3, 2024 Direct F2, F3

Explanation of Responses:

Id Content
F1 These shares were issued on June 3, 2024, in connection with a July 22, 2021, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2024.
F2 To satisfy withholding obligations associated with the July 22, 2021, award of performance-based restricted stock units that were issued as shares on June 3, 2024, the reporting person surrendered 98 shares of Class B common stock.
F3 The closing price of BF-B on April 30, 2024, was used to calculate the withholding obligation.