Lawson E. Whiting - Mar 12, 2024 Form 4 Insider Report for BROWN FORMAN CORP (BFA, BFB)

Role
President & CEO, Director
Signature
Nancie Oliver Mauffray, Attorney in Fact for Lawson E. Whiting
Stock symbol
BFA, BFB
Transactions as of
Mar 12, 2024
Transactions value $
-$140,511
Form type
4
Date filed
3/13/2024, 04:48 PM
Previous filing
Jul 31, 2023
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA, BFB Class B Common Options Exercise $555K +15.6K +61.32% $35.60 41K Mar 12, 2024 Direct
transaction BFA, BFB Class B Common Tax liability -$696K -12.6K -30.74% $55.16 28.4K Mar 12, 2024 Direct F1
holding BFA, BFB Class B Common 0.71 Mar 12, 2024 DRIP F2

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 BFA, BFB Stock Appreciation Right Options Exercise $0 -15.6K -100% $0.00* 0 Mar 12, 2024 Class B Common 15.6K $35.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on March 11, 2024, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's dividend reinvestment plan as of March 12, 2024.