Leanne D. Cunningham - 03 Jun 2024 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Nancie Oliver Mauffray, Attorney in Fact for Leanne D. Cunningham
Issuer symbol
BF-A
Transactions as of
03 Jun 2024
Net transactions value
-$23,455
Form type
4
Filing time
05 Jun 2024, 17:07:48 UTC
Previous filing
31 Jul 2023
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 +1,600 $0.000000 1,600 03 Jun 2024 Direct F1
transaction BFA, BFB Class A Common Tax liability $23,455 -478 -30% $49.07 1,122 03 Jun 2024 Direct F2, F3
holding BFA, BFB Class A Common 4,490 03 Jun 2024 ESPP F4
* 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 478 shares of Class A common stock.
F3 The closing price of BF-A on April 30, 2024, was used to calculate the withholding obligation.
F4 Number of shares acquired through the issuer's employee stock purchase program as of June 3, 2024.