Marshall Farrer - Jun 3, 2024 Form 4 Insider Report for BROWN FORMAN CORP (BFA, BFB)

Role
EVP Chief Strat/Pres Europe, Director
Signature
Nancie Oliver Mauffray, Attorney in Fact for Marshall B. Farrer
Stock symbol
BFA, BFB
Transactions as of
Jun 3, 2024
Transactions value $
-$23,357
Form type
4
Date filed
6/5/2024, 05:04 PM
Previous filing
May 1, 2024
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class A Common Award $0 +1.11K $0.00 1.11K Jun 3, 2024 Direct F1
transaction BFA, BFB Class A Common Tax liability -$23.4K -476 -42.92% $49.07 633 Jun 3, 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.