Brown-Forman Corp (BF) awards 6,476 deferred stock units to director
Rhea-AI Filing Summary
Brown Campbell P reported acquisition or exercise transactions in this Form 4 filing.
Brown-Forman Corp director Brown Campbell P received a grant of 6,476.1905 Deferred Stock Units (DSUs) on July 23, 2026. Each DSU represents the right to receive one share of Class A common stock, and the grant was based on the $26.25 closing Class A share price that day. After this award and dividend-equivalent credits, the director holds 39,422.7544 DSUs. Annual DSU grants vest over the Board year and are paid in Class A shares on the first February 1 at least six months after the director’s termination from Board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Campbell P
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 — 39,422.7544 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 DSUs
DSUs following transaction: 39,422.7544 DSUs
Grant valuation share price: $26.25
+2 more
5 metrics
Deferred Stock Units granted
6,476.1905 DSUs
Annual director DSU grant on July 23, 2026
DSUs following transaction
39,422.7544 DSUs
Total Deferred Stock Units held by Brown Campbell P after grant and credits
Grant valuation share price
$26.25
Closing price of Class A common stock on July 23, 2026, used to size grant
DSU-to-share ratio
1 DSU : 1 share
Each DSU represents the right to receive one share of Class A stock
Payout timing condition
First February 1
Payout date at least six months after termination from Board service
Key Terms
Deferred Stock Units, Non-Employee Director Deferred Stock Unit Program, dividend payment date, vest over the course of the Board year, +1 more
5 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"
termination from Board service financial
"at least six months following the director's termination from Board service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Brown Campbell P acquire in Brown-Forman (BF)'s latest Form 4 filing?
Brown Campbell P acquired 6,476.1905 Deferred Stock Units (DSUs) as a director equity award. Each DSU is tied to one share of Brown-Forman Class A common stock and reflects the company’s non-employee director deferred stock unit program.
How many Deferred Stock Units does Brown Campbell P now hold in Brown-Forman (BF)?
Following the reported grant, Brown Campbell P holds 39,422.7544 Deferred Stock Units. This balance includes both the newly granted DSUs and additional DSU equivalents credited on dividend payment dates under Brown-Forman’s director deferred stock unit program.
How is the value of Brown-Forman (BF) DSU grants for directors determined?
The reported DSU grant was calculated using the $26.25 closing price of Brown-Forman Class A common stock on July 23, 2026. The number of DSUs awarded is based on that closing price, with each DSU representing one share of Class A stock.
When do Brown-Forman (BF) director Deferred Stock Units vest and pay out?
Annual Brown-Forman director DSU grants vest over the Board year. They are paid out in Class A common stock on the first February 1 that is at least six months after the director’s termination from Board service, according to the program terms.
Do Brown-Forman (BF) Deferred Stock Units receive dividend-equivalent credits?
Yes. On each dividend payment date, participants are credited with DSU equivalents. The total DSU balance reported for Brown Campbell P has been updated to reflect these dividend-equivalent credits in addition to the annual grant.
What does each Brown-Forman (BF) Deferred Stock Unit represent for directors?
Each Deferred Stock Unit granted to directors represents the right to receive one share of Brown-Forman’s Class A common stock. The units are part of the Amended and Restated Non-Employee Director Deferred Stock Unit Program.