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

Role
SVP, Chief Accounting Officer
Signature
Nancie Oliver Mauffray, Attorney in Fact for Kelli Nelson Brown
Stock symbol
BFA, BFB
Transactions as of
Jun 3, 2024
Transactions value $
-$5,933
Form type
4
Date filed
6/5/2024, 05:10 PM
Previous filing
Jul 31, 2023

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 +15.3% $0.00 1,861 Jun 3, 2024 Direct F1
transaction BFA, BFB Class B Common -Tax liability -$5,933 -124 -6.66% $47.85 1,737 Jun 3, 2024 Direct F2, F3
holding BFA, BFB Class B Common 8 Jun 3, 2024 DRIP F4
holding BFA, BFB Class B Common 950 Jun 3, 2024 ESPP F5

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 124 shares of Class B common stock.
F3 The closing price of BF-B on April 30, 2024, was used to calculate the withholding obligation.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of June 3, 2024.
F5 Number of shares acquired through the issuer's employee stock purchase program as of June 3, 2024.