Marshall B. Farrer - 03 Jun 2024 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Nancie Oliver Mauffray, Attorney in Fact for Marshall B. Farrer
Issuer symbol
BF-A
Transactions as of
03 Jun 2024
Net transactions value
-$23,357
Form type
4
Filing time
05 Jun 2024, 17:04:36 UTC
Previous filing
01 May 2024
Next filing
29 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class A Common Award $0 +1,109 $0.000000 1,109 03 Jun 2024 Direct F1
transaction BFA, BFB Class A Common Tax liability $23,357 -476 -43% $49.07 633 03 Jun 2024 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 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 476 shares of Class A common stock.
F3 The closing price of BF-A on April 30, 2024, was used to calculate the withholding obligation.