Brown-Forman (NYSE: BF) awards 7,727 RSUs to EVP Yiannis Pafilis
Rhea-AI Filing Summary
Pafilis Yiannis reported acquisition or exercise transactions in this Form 4 filing.
Brown-Forman reported that executive Yiannis Pafilis, EVP and President for Europe, Africa and Asia, received a grant of 7,727 Restricted Stock Units on July 23, 2026. Each unit is a contingent right to one share of Class B common stock and will vest in three equal installments on April 30, 2027, 2028 and 2029, leaving him with 7,727 RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pafilis Yiannis
Role
EVP, Pres., EU, Africa, Asia
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 7,727 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 7,727 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
- F2. The restricted stock units were granted on July 23, 2026, and will vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029.
Key Figures
RSUs granted: 7,727 Restricted Stock Units
Grant price per RSU: $0.0000 per unit
RSUs outstanding after grant: 7,727 Restricted Stock Units
+1 more
4 metrics
RSUs granted
7,727 Restricted Stock Units
Grant to Yiannis Pafilis on July 23, 2026
Grant price per RSU
$0.0000 per unit
Reported transaction price per RSU for the award
RSUs outstanding after grant
7,727 Restricted Stock Units
Holdings following the reported RSU grant
Vesting dates
April 30, 2027; April 30, 2028; April 30, 2029
Scheduled vesting of the 7,727 RSUs in three equal installments
Key Terms
Restricted Stock Units, Class B common stock, contingent right, vest
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class B common stock financial
"to receive one share of Brown-Forman Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
contingent right financial
"represents a contingent right to receive one share"
vest financial
"will vest in equal installments on April 30, 2027, April 30, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Brown-Forman (BF) report for executive Yiannis Pafilis in this Form 4?
Brown-Forman reported that Yiannis Pafilis, EVP and President for Europe, Africa and Asia, received a grant of 7,727 Restricted Stock Units. These RSUs are a form of equity compensation tied to Brown-Forman Class B common stock, vesting over three future dates.
How many Restricted Stock Units did Brown-Forman (BF) grant to Yiannis Pafilis?
Brown-Forman granted 7,727 Restricted Stock Units to executive Yiannis Pafilis. Each unit represents a right to receive one share of Brown-Forman Class B common stock, subject to vesting conditions spread across three annual dates through 2029.
When will the 7,727 Brown-Forman (BF) RSUs granted to Yiannis Pafilis vest?
The 7,727 RSUs granted to Yiannis Pafilis will vest in three equal installments on April 30, 2027, April 30, 2028 and April 30, 2029. Vesting must occur before he actually receives the corresponding Class B common shares.
What does each Restricted Stock Unit granted by Brown-Forman (BF) to Yiannis Pafilis represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Brown-Forman Class B common stock. Pafilis only receives the actual shares as the RSUs vest on their scheduled dates, making this a deferred form of equity compensation.
How many Restricted Stock Units does Yiannis Pafilis hold after this Brown-Forman (BF) transaction?
Following this grant, Yiannis Pafilis holds 7,727 Restricted Stock Units as reported. These RSUs are tied to an equal number of potential Brown-Forman Class B common shares, subject to vesting in three equal tranches from 2027 through 2029.
Was the Brown-Forman (BF) RSU grant to Yiannis Pafilis made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as an affirming plan. This suggests the reported RSU grant was not executed pursuant to a pre-arranged Rule 10b5-1 trading plan, but rather as a standard equity compensation award.