Brown‑Forman (NYSE: BF) awards 15,278 restricted stock units to EVP Masick
Rhea-AI Filing Summary
Masick Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
Brown‑Forman executive Michael Andrew Masick, EVP/Pres., Americas, received a grant of 15,278 restricted stock units on July 23, 2026. Each unit represents a contingent right to receive one share of Class B common stock and will vest in three equal installments on April 30, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Masick Michael Andrew
Role
EVP/Pres., Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 15,278 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 15,278 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
Restricted stock units granted: 15,278 units
Total RSUs following grant: 15,278 units
Grant price per unit: $0.0000 per unit
+1 more
4 metrics
Restricted stock units granted
15,278 units
RSUs granted to EVP/Pres., Americas on July 23, 2026
Total RSUs following grant
15,278 units
Direct holdings after the reported award
Grant price per unit
$0.0000 per unit
Equity compensation award with no cash exercise price
Number of vesting installments
3 installments
RSUs vest in equal installments in 2027, 2028 and 2029
Key Terms
Restricted stock units, Class B common stock, contingent right, vest in equal installments
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
"contingent 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest in equal installments financial
"granted on July 23, 2026, and will vest in equal installments on April 30"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BF report for Michael Andrew Masick?
Brown‑Forman granted 15,278 restricted stock units to executive Michael Andrew Masick on July 23, 2026. The award is settled in Class B common stock and vests in three equal installments on April 30, 2027, April 30, 2028 and April 30, 2029.
What does Masick’s restricted stock unit grant at BF represent?
Each unit in Masick’s 15,278 restricted stock unit grant represents a contingent right to receive one share of Brown‑Forman Class B common stock. This links his compensation directly to the future value of the company’s Class B shares.
How will the 15,278 restricted stock units at BF vest?
The 15,278 restricted stock units granted to Masick vest in three equal annual installments. Vesting occurs on April 30, 2027, April 30, 2028 and April 30, 2029, subject to the continued satisfaction of any applicable service or employment conditions.
What is Michael Andrew Masick’s BF RSU holding after this grant?
Following the July 23, 2026 grant, Masick directly holds 15,278 restricted stock units tied to Brown‑Forman Class B common stock. This total reflects the full amount of the reported award, which remains subject to the three‑year vesting schedule described in the grant terms.
Was Masick’s BF equity award made under a Rule 10b5-1 plan?
The Rule 10b5‑1 trading plan affirmation box was not checked for this award. Brown‑Forman did not indicate that the July 23, 2026 restricted stock unit grant to Masick was made pursuant to a pre‑arranged Rule 10b5‑1 trading or disposition plan.