STOCK TITAN

Brown-Forman (NYSE: BF) CEO receives 95,484 Class B stock units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Whiting Lawson E reported acquisition or exercise transactions in this Form 4 filing.

Brown-Forman President & CEO Whiting Lawson E reported a compensation grant of 95,484 restricted stock units linked to Class B common stock. Each unit represents one share and was granted on July 23, 2026, vesting in three equal installments on April 30, 2027, 2028 and 2029.

Positive

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Insider Whiting Lawson E
Role President & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 95,484 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 95,484 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
  2. 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.
Restricted stock units granted 95,484 units Equity award to President & CEO Whiting Lawson E on July 23, 2026
Underlying Class B shares 95,484 shares Each RSU represents one share of Brown-Forman Class B common stock
Grant price per unit $0.0000 per RSU Reported transaction price for the RSU compensation grant
Vesting tranches 3 installments Equal vesting on April 30, 2027, April 30, 2028 and April 30, 2029
RSUs held after grant 95,484 units Total restricted stock units reported as directly owned following this transaction
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
"right 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.
vest financial
"units were granted on July 23, 2026, and will vest in equal installments"
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.

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FAQ

What insider transaction did Brown-Forman (BF) report for CEO Whiting Lawson E?

Brown-Forman reported that CEO Whiting Lawson E received 95,484 restricted stock units (RSUs) as an equity compensation grant. The RSUs relate to Class B common stock and represent a contingent right to receive an equivalent number of Brown-Forman Class B shares over time.

How many restricted stock units were granted in this Brown-Forman (BF) Form 4 filing?

The filing shows a grant of 95,484 restricted stock units to President & CEO Whiting Lawson E. Following this grant, reported derivative holdings in these RSUs total 95,484 units, all held as a direct ownership position according to the Form 4 data.

What is the vesting schedule for the CEO’s RSUs reported by Brown-Forman (BF)?

The 95,484 RSUs granted to the CEO vest in three equal installments. According to the filing, the units vest on April 30, 2027, April 30, 2028, and April 30, 2029, providing a multi‑year incentive and retention structure tied to Brown-Forman equity.

What type of stock underlies the restricted stock units in this Brown-Forman (BF) grant?

Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock. The filing specifies that the underlying security for these RSUs is Class B Common, aligning the CEO’s award directly with that share class.

Was the Brown-Forman (BF) CEO’s RSU grant reported as a purchase or a compensation award?

The transaction is coded as an “A” grant, award, or other acquisition, indicating a compensation-related equity award rather than an open-market purchase. The per-unit price is reported as $0.0000, consistent with a non-cash incentive grant to the executive.
SEC Form 4
FORM 4UNITED 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*
Whiting Lawson E

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/23/2026A95,484 (2) (2)Class B Common95,484$095,484D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
2. 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.
Remarks:
Karleen M. Finnegan, Attorney in Fact for Lawson E. Whiting07/24/2026
** Signature of Reporting PersonDate
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)