Brown-Forman (NYSE: BF) grants 6,476.1905 DSUs to director
Rhea-AI Filing Summary
RONEY MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.
Brown-Forman Corp director Michael J. Roney received a grant of 6,476.1905 Deferred Stock Units (DSUs) on July 23, 2026. Each DSU represents one share of Class A common stock, with the award based on the $26.25 closing price and vesting over the Board year. DSUs are paid out in Class A stock after Board service ends, and credited dividend equivalents bring his total to 53,187.1166 DSUs held directly.
Positive
- None.
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- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RONEY MICHAEL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 6,476.1905 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 53,187.1166 shares (Direct)
Footnotes (2)
- F1. Under the Brown-Forman Corporation Amended and Restated 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 23, 2026, were based on the closing price of the Company's Class A common stock on that date ($26.25). On each dividend payment date, participants are credited with DSU equivalents, and the DSU total on this form has been updated to reflect such credits.
- 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.
Key Figures
Deferred Stock Units granted: 6,476.1905 units
DSUs following transaction: 53,187.1166 units
Grant reference price: $26.25 per share
+1 more
4 metrics
Deferred Stock Units granted
6,476.1905 units
Grant to director Michael J. Roney on July 23, 2026
DSUs following transaction
53,187.1166 units
Total Deferred Stock Units held directly after the award
Grant reference price
$26.25 per share
Closing price of Class A common stock on July 23, 2026
Transaction price per DSU
$0.0000
Compensation grant with no cash paid per unit by the director
Key Terms
Deferred Stock Units, Non-Employee Director Deferred Stock Unit Program, dividend payment date, vest over the course of the Board year
4 terms
Deferred Stock Units financial
"each DSU represents the right to receive one share of the Company's Class A stock"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Non-Employee Director Deferred Stock Unit Program financial
"Under the Brown-Forman Corporation Amended and Restated Non-Employee Director Deferred Stock Unit Program"
dividend payment date financial
"On each dividend payment date, participants are credited with DSU equivalents"
vest over the course of the Board year financial
"Annual grants of DSUs vest over the course of the Board year"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Brown-Forman (BF) director Michael J. Roney report?
Michael J. Roney reported a grant of 6,476.1905 Deferred Stock Units on July 23, 2026. Each DSU represents the right to receive one share of Brown-Forman Class A common stock as part of the director compensation program.
How many Deferred Stock Units does Michael J. Roney hold in Brown-Forman (BF) after this grant?
After the grant, Michael J. Roney holds 53,187.1166 Deferred Stock Units directly. This total includes additional DSU equivalents credited on each dividend payment date under Brown-Forman’s non-employee director deferred stock unit program.
What does each Deferred Stock Unit represent for Brown-Forman (BF) directors?
Each Brown-Forman DSU represents the right to receive one share of Class A common stock. Under the Amended and Restated Non-Employee Director Deferred Stock Unit Program, DSUs track the value of Class A shares and receive dividend-equivalent credits.
When do the Brown-Forman (BF) Deferred Stock Units granted to directors vest and pay out?
Annual DSU grants to Brown-Forman directors vest over the Board year and are paid in Class A stock. Payout occurs on the first February 1 that is at least six months after the director’s termination from Board service.
How was the value of Michael J. Roney’s Brown-Forman (BF) DSU grant determined?
The DSU grant was based on the $26.25 closing price of Brown-Forman Class A common stock on July 23, 2026. The number of DSUs reflects this reference price, with a transaction price of $0.0000 per unit to the director.