Brown-Forman (BF) holder plans $1.32M Rule 144 sale of Class A stock

Rhea-AI Filing Summary

Brown-Forman insider plans to sell Class A shares under Rule 144. A holder has filed notice to sell 42,495 shares of Class A Common Stock of Brown-Forman, to be handled through Raymond James & Associates on the NYSE. The filing lists an aggregate market value of $1,317,345.00 for the planned sale and notes that 169,143,808 shares of this class were outstanding at the time referenced.

The shares to be sold were acquired over several years as equity compensation in the form of restricted stock units or performance-based restricted stock units granted by the issuer between 2017 and 2024. The seller also represents that they do not know of any material adverse, nonpublic information about Brown-Forman’s current or prospective operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Raymond James & Associates 880 Carillon Parkway St. Petersburg FL 33716	42495	1317345.00	169143808	12/04/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	06/03/2024	Acquired as equity compensation {RSU/PBRSU}	Issuer			6952	06/03/2024	Compensation
Class A Common Stock	06/01/2023	Acquired as equity compensation {RSU/PBRSU}	Issuer			8001	06/01/2023	Compensation
Class A Common Stock	06/01/2022	Acquired as equity compensation {RSU/PBRSU}	Issuer			11948	06/01/2022	Compensation
Class A Common Stock	06/01/2021	Acquired as equity compensation {RSU/PBRSU}	Issuer			3939	06/01/2021	Compensation
Class A Common Stock	06/01/2020	Acquired as equity compensation {RSU/PBRSU}	Issuer			3272	06/01/2020	Compensation
Class A Common Stock	06/03/2019	Acquired as equity compensation {RSU/PBRSU}	Issuer			2592	06/03/2019	Compensation
Class A Common Stock	04/30/2019	Acquired as equity compensation {RSU/PBRSU}	Issuer			2897	04/30/2019	Compensation
Class A Common Stock	04/30/2019	Acquired as equity compensation {RSU/PBRSU}	Issuer			911	04/30/2018	Compensation
Class A Common Stock	04/30/2017	Acquired as equity compensation {RSU/PBRSU}	Issuer			1983	04/30/2017	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Brown-Forman (BF) report in this Form 144 filing?

The filing reports that a holder intends to sell 42,495 shares of Class A Common Stock of Brown-Forman under Rule 144, through Raymond James & Associates on the NYSE, with an indicated aggregate market value of $1,317,345.00.

How many Brown-Forman (BF) Class A shares are outstanding in this notice?

The notice states that there are 169,143,808 Class A Common Stock shares outstanding for Brown-Forman as of the referenced time in the filing.

How were the Brown-Forman (BF) shares being sold under Rule 144 acquired?

The shares were acquired over multiple years as equity compensation in the form of RSUs or PBRSUs, granted by the issuer on dates including 06/03/2024, 06/01/2023, 06/01/2022, 06/01/2021, 06/01/2020, 06/03/2019, 04/30/2019, and 04/30/2017, with the nature of payment listed as Compensation.

Which broker and exchange are involved in the planned sale of Brown-Forman (BF) shares?

The Form 144 lists Raymond James & Associates, located at 880 Carillon Parkway, St. Petersburg, FL 33716, as the broker, and names the NYSE as the securities exchange for the sale of the Class A Common Stock.

What representation does the seller of Brown-Forman (BF) shares make in this Form 144?

The person for whose account the securities are to be sold represents that they do not know any material adverse information about Brown-Forman’s current or prospective operations that has not been publicly disclosed. If relying on a Rule 10b5-1 plan, this representation applies as of the plan adoption or instruction date.

Is the planned sale in Brown-Forman (BF) Form 144 related to a Rule 10b5-1 trading plan?

The form provides a field for the Date of Plan Adoption or Giving of Instruction, if relying on Rule 10b5-1. The excerpt shows this field but does not provide a specific date, while reiterating the standard representation regarding lack of undisclosed material adverse information.