Elizabeth M. Brown - 25 Jul 2024 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Role
Director
Signature
Nancie Oliver Mauffray, Attorney in Fact for Elizabeth M. Brown
Issuer symbol
BF-A
Transactions as of
25 Jul 2024
Net transactions value
$0
Form type
4
Filing time
29 Jul 2024, 16:14:09 UTC
Previous filing
04 Aug 2023
Next filing
18 Nov 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BF-B Deferred Stock Units Award $0 +5,110 $0.000000 5,110 25 Jul 2024 Class A Common 5,110 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program, each DSU represents the right to receive one share of the Company's Class A stock. Grants made on July 25, 2024, were based on the closing price of the Company's Class A common stock on that date ($45.99). On each dividend payment date, participants are credited with DSU equivalents.
F2 Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the director's termination from Board service.

Remarks:

Includes Exhibit 24 - Power of Attorney