Brown-Forman (NYSE: BF) grants Jan Singer 6,476 DSUs in equity award

Rhea-AI Filing Summary

Singer Jan reported acquisition or exercise transactions in this Form 4 filing.

Brown-Forman Corp director Jan Singer received a grant of 6,476.1905 Deferred Stock Units (DSUs) on July 23, 2026 under the Amended and Restated Non-Employee Director Deferred Stock Unit Program, each tied to one Class A share and based on a $26.25 closing price. This grant increased her directly held DSUs to 20,920.0574, which vest over the Board year and are paid in Class A stock after she leaves the Board, with at least a six-month delay.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Singer Jan

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 — 20,920.0574 shares (Direct)

Footnotes (2)

1. 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.
2. 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 after transaction: 20,920.0574 units Grant pricing reference: $26.25 per share

3 metrics

Deferred Stock Units granted 6,476.1905 units Annual DSU grant to director Jan Singer on July 23, 2026

DSUs after transaction 20,920.0574 units Total directly held Deferred Stock Units by Jan Singer following the grant

Grant pricing reference $26.25 per share Closing price of Class A common stock on July 23, 2026 used to size DSU grant

Key Terms

Deferred Stock Units, Non-Employee Director Deferred Stock Unit Program, DSU equivalents, 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"

DSU equivalents 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"

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Available on EDGAR 07/24/2026 - 04:54 PM Accepted by SEC EDGAR 07/24/2026 - 04:53 PM Learn about SEC filing dates

FAQ

What equity award did Brown-Forman (BF) director Jan Singer receive?

Jan Singer received a grant of 6,476.1905 Deferred Stock Units (DSUs) tied to Brown-Forman Class A shares. Each DSU represents one share of Class A stock, forming part of her compensation under the Non-Employee Director Deferred Stock Unit Program.

How is the size of Jan Singer’s Brown-Forman (BF) DSU grant determined?

The July 23, 2026 grant to Jan Singer was calculated using the $26.25 closing price of Brown-Forman’s Class A common stock on that date. This price set the number of DSUs awarded under the company’s director deferred stock unit program.

What is Jan Singer’s total Brown-Forman (BF) DSU balance after this grant?

Following the July 23, 2026 award, Jan Singer’s directly held Deferred Stock Unit balance increased to 20,920.0574 DSUs. This total also reflects DSU equivalents credited on dividend payment dates under Brown-Forman’s director deferred stock unit program.

When do Jan Singer’s Brown-Forman (BF) Deferred Stock Units vest and pay out?

Annual DSU grants to Jan Singer vest over the course of the Board year. They are paid out in Class A common stock on the first February 1 that is at least six months after her termination from Board service.

What does each Brown-Forman (BF) Deferred Stock Unit represent for Jan Singer?

Each of Jan Singer’s Deferred Stock Units represents the right to receive one share of Brown-Forman Class A stock. DSU totals are periodically increased by DSU equivalents credited on dividend payment dates, aligning director compensation with shareholder returns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Singer Jan

(Last) (First) (Middle)

850 DIXIE HIGHWAY

(Street)

LOUISVILLE KENTUCKY 40210

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BROWN FORMAN CORP [ BFA, BFB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	07/23/2026		A		6,476.1905		(2)	(2)	Class A Common	6,476.1905	$0	20,920.0574	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	Karleen M. Finnegan, Attorney in Fact for Jan E. Singer	07/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)