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

Role
EVP, Chief Brands Officer
Signature
Nancie Oliver Mauffray, Attorney in Fact for Matias Bentel
Stock symbol
BFA, BFB
Transactions as of
Jun 3, 2024
Transactions value $
-$21,885
Form type
4
Date filed
6/5/2024, 05:03 PM
Previous filing
Jul 31, 2023
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 +1.46K +186.59% $0.00 2.24K Jun 3, 2024 Direct F1
transaction BFA, BFB Class A Common Tax liability -$21.9K -446 -19.88% $49.07 1.8K 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 446 shares of Class A common stock.
F3 The closing price of BF-A on April 30, 2024, was used to calculate the withholding obligation.