Brown-Forman director granted 6,476 deferred stock units
Brown-Forman Corporation director Elizabeth M. Brown received a grant of 6,476.1905 Deferred Stock Units (DSUs) on July 23, 2026 as a grant, award, or other acquisition.
Rhea-AI Filing Summary
Brown-Forman Corporation director Elizabeth M. Brown received a grant of 6,476.1905 Deferred Stock Units (DSUs) on July 23, 2026 as a grant, award, or other acquisition. Each DSU represents the right to receive one share of Class A common stock, with grants based on the $26.25 closing price that day. DSUs earn additional equivalents on dividend payment dates, vest over the Board year, and are paid out in Class A shares on the first February 1 at least six months after the director’s termination of Board service. Following this grant, Brown directly holds 19,768.5347 DSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,476.1905 shares
Grant/Award
1 txn
Insider
Brown Elizabeth M
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 — 19,768.5347 contracts (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
Closing Price for Grant Calculation: $26.25 per share
Deferred Stock Units After Grant: 19,768.5347 units
+1 more
4 metrics
Deferred Stock Units Granted
6,476.1905 units
Grant of Deferred Stock Units to director Elizabeth M. Brown on July 23, 2026
Closing Price for Grant Calculation
$26.25 per share
Closing price of Class A common stock on July 23, 2026 used to determine DSU grant
Deferred Stock Units After Grant
19,768.5347 units
Total Deferred Stock Units directly held by Elizabeth M. Brown following the reported grant
Underlying Class A Shares
6,476.1905 shares
Each DSU represents the right to receive one share of Class A common stock
Key Terms
Deferred Stock Units, Non-Employee Director Deferred Stock Unit Program, dividend payment date, Class A common stock
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"
Class A common stock financial
"Grants made on July 23, 2026, were based on the closing price of the Company's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BF report for director Elizabeth M. Brown?
Elizabeth M. Brown received a grant of 6,476.1905 Deferred Stock Units tied to Brown-Forman’s Class A shares. The grant was recorded on July 23, 2026 as a compensation-related award, not an open-market stock purchase.
How many Deferred Stock Units does Elizabeth M. Brown hold after this BF filing?
After the transaction, Elizabeth M. Brown directly holds 19,768.5347 Deferred Stock Units (DSUs). Each DSU represents the right to receive one share of Class A common stock, including accumulated DSU equivalents credited on dividend payment dates.
At what price was the BF director’s Deferred Stock Unit grant measured?
The DSU grant for Elizabeth M. Brown was based on the $26.25 closing price of Brown-Forman’s Class A common stock on July 23, 2026. This price determined the number of DSUs granted under the non-employee director deferred stock unit program.
What does each Deferred Stock Unit represent for BF’s Class A stock?
Each Deferred Stock Unit represents the right to receive one share of Brown-Forman’s Class A common stock. DSU balances are also increased by DSU equivalents on dividend payment dates, updating the total units credited to the director’s account.
When will the BF director’s Deferred Stock Units be paid out?
The DSUs vest over the Board year and 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’s terms.
How are dividends handled on BF Deferred Stock Units for the director?
On each dividend payment date, participants are credited with DSU equivalents instead of cash dividends. These additional DSUs increase the total recorded units, which will ultimately be settled in Class A common stock upon payout.
AI-generated analysis. How Rhea-AI works. Not financial advice.
