BC Insider Trade: Director Adds to Holdings Despite Small Sale

Rhea-AI Filing Summary

Brunswick Corporation (BC) Form 4 filing discloses two insider transactions by director Nancy E. Cooper.

• On 31 Jul 2025, Cooper acquired 756 common shares at an average price of $58.29 (transaction code A).
• On 1 Aug 2025, she sold 265 shares at a weighted average price of $57.10 (transaction code S); sales occurred between $56.95 and $57.30.

Following these trades, Cooper’s direct ownership rises to 26,649 shares, a net increase of 491 shares. No derivative securities were involved, and the filing does not reference a Rule 10b5-1 trading plan. Given the small dollar value (≈$28 k) relative to Brunswick’s market capitalization and average daily volume, the activity appears routine and is unlikely to affect the company’s financial outlook or share price.

Insights

Securities Analyst

TL;DR: Routine director trade; net small purchase; negligible impact on BC valuation.

The Form 4 shows a modest net addition of 491 shares (≈1.8% of Cooper’s holdings). Valued at under $30k, the trades are immaterial against Brunswick’s multi-billion-dollar market cap and daily liquidity. The acquisition likely reflects equity compensation, while the minor sale could cover taxes. Absence of derivative activity or a 10b5-1 plan indicates discretionary timing, but the volume is far too small to signal confidence or concern. Investors should view the filing as neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

COOPER NANCY E

(Last) (First) (Middle)

C/O BRUNSWICK CORPORATION

26125 N. RIVERWOODS BLVD. SUITE 500

(Street)

METTAWA IL 60045

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BRUNSWICK CORP [ BC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2025		A		756	A	$58.29	26,914	D
Common Stock	08/01/2025		S		265	D	$57.1(1)	26,649	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.95 to $57.30 inclusive.

Remarks:

	By: Power of Attorney For: /s/ Nancy E. Cooper	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares did Brunswick (BC) director Nancy Cooper acquire on 31 July 2025?

She acquired 756 common shares at an average price of $58.29.

How many shares did Cooper sell on 1 August 2025 and at what price?

She sold 265 shares at a weighted average price of $57.10, within a $56.95–$57.30 range.

What is Nancy Cooper’s total direct ownership after the reported transactions?

Her direct stake increases to 26,649 Brunswick shares.

Did the Form 4 include any derivative security transactions?

No derivative securities were acquired or disposed of in this filing.

Is this insider trade likely to impact Brunswick’s stock price?

Given the small size of the trade relative to Brunswick’s market cap and volume, the impact is expected to be negligible.