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Brown-Forman (NYSE: BF) grants 9,167 RSUs to EVP, Chief Supp/Tech

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nall Timothy M reported acquisition or exercise transactions in this Form 4 filing.

BROWN FORMAN CORP executive Timothy M. Nall, EVP, Chief Supp/Tech, received a grant of 9,167 Restricted Stock Units tied to Brown-Forman Class B common stock on July 23, 2026. Each unit represents a contingent right to receive one Class B share.

The RSUs will vest in three equal installments on April 30, 2027, April 30, 2028, and April 30, 2029. Following this award, Nall directly holds 9,167 restricted stock units.

Positive

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Insider Nall Timothy M
Role EVP, Chief Supp/Tech
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 9,167 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 9,167 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.
RSUs Granted 9,167 Restricted Stock Units Equity award to EVP Timothy M. Nall on July 23, 2026
Grant Price per RSU $0.0000 per unit Reported transaction price per restricted stock unit
Underlying Shares 9,167 Class B Common shares Each RSU represents a contingent right to one Class B share
First Vesting Date April 30, 2027 First equal installment vesting date for the RSUs
Second Vesting Date April 30, 2028 Second equal installment vesting date for the RSUs
Third Vesting Date April 30, 2029 Final equal installment vesting date for the RSUs
RSUs Held After Grant 9,167 units Total restricted stock units directly held following the 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
"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 of Brown-Forman"
vest in equal installments financial
"will vest in equal installments on April 30, 2027, April 30, 2028"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity award did Brown-Forman (BF) grant to Timothy M. Nall?

Brown-Forman granted 9,167 Restricted Stock Units (RSUs) to EVP Timothy M. Nall. Each RSU is a contingent right to receive one share of Brown-Forman Class B common stock, providing equity-based compensation tied directly to the company’s share performance.

When do Timothy M. Nall’s new RSUs at Brown-Forman (BF) vest?

The 9,167 RSUs will vest in three equal installments. Vesting occurs on April 30, 2027, April 30, 2028, and April 30, 2029, creating a multi-year retention schedule aligned with longer-term company performance and executive service.

How many Brown-Forman (BF) RSUs does Timothy M. Nall hold after this grant?

After the reported transaction, Timothy M. Nall directly holds 9,167 Restricted Stock Units. This position reflects the full size of the July 23, 2026 award, as disclosed, and represents his reported derivative holding of Brown-Forman equity under this grant.

What type of security was reported in Timothy M. Nall’s Brown-Forman (BF) Form 4?

The filing reports Restricted Stock Units as a derivative security. Each RSU corresponds to one share of Brown-Forman Class B common stock upon vesting, with no cash exercise price, functioning as stock-based compensation rather than a traditional option.

Was Timothy M. Nall’s Brown-Forman (BF) RSU transaction a market buy or sell?

The transaction was an equity grant, coded as a grant, award, or other acquisition, not an open-market purchase or sale. Brown-Forman awarded 9,167 RSUs as compensation, and there was no per-share purchase price paid by Nall in this transaction.
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*
Nall Timothy M

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Supp/Tech
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)07/23/2026A9,167 (2) (2)Class B Common9,167$09,167D
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 Timothy M. Nall07/24/2026
** 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)