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Brown-Forman (NYSE: BF) awards 11,458 RSUs to EVP and General Counsel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carr Michael E Jr reported acquisition or exercise transactions in this Form 4 filing.

Brown-Forman Corporation reported that executive officer Michael E. Carr Jr., EVP, General Counsel and Secretary, received a grant of 11,458 Restricted Stock Units. Each unit represents a contingent right to receive one share of Class B common stock. The RSUs were granted on July 23, 2026 and will vest in three equal installments on April 30, 2027, April 30, 2028, and April 30, 2029.

Positive

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Negative

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Insider Carr Michael E Jr
Role EVP, General Counsel,Secretary
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 11,458 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 11,458 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 11,458 units Restricted Stock Units granted to Michael E. Carr Jr. on July 23, 2026
Reported Price per RSU $0.0000 Transaction price per Restricted Stock Unit for the grant
Underlying Shares 11,458 shares Class B common shares underlying the granted RSUs
First Vesting Date April 30, 2027 First of three equal vesting installments
Final Vesting Date April 30, 2029 Final vesting installment for the RSU award
Restricted Stock Units financial
"The restricted stock units were granted on July 23, 2026"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive"
Class B common stock financial
"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.
vesting financial
"will vest in equal installments on April 30, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did Brown-Forman (BF) report for Michael E. Carr Jr.?
Brown-Forman reported that Michael E. Carr Jr. received 11,458 Restricted Stock Units on July 23, 2026. Each RSU is a contingent right to one Class B share, vesting in three equal installments through April 30, 2029.

How many RSUs were granted to the Brown-Forman (BF) executive on this Form 4?
The filing shows a grant of 11,458 Restricted Stock Units to executive Michael E. Carr Jr. After the grant, his reported RSU holdings from this award total 11,458 units tied to Class B common stock.

What does each Restricted Stock Unit represent in Brown-Forman (BF)'s Form 4?
Each Restricted Stock Unit represents a contingent right to receive one share of Brown-Forman Class B common stock. The units convert into shares only upon satisfaction of the vesting conditions described in the filing.

What is the vesting schedule for the 11,458 RSUs reported by Brown-Forman (BF)?
The 11,458 RSUs will vest in three equal installments on April 30, 2027, April 30, 2028, and April 30, 2029. Each vesting date releases one-third of the originally granted units, subject to the award’s conditions.

Was there any cash price reported for the RSUs in the Brown-Forman (BF) Form 4?
The transaction reports a price per unit of $0.0000 for the 11,458 Restricted Stock Units. This reflects that the RSUs were recorded as a grant or award acquisition rather than a market purchase for cash.
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*
Carr Michael E Jr
(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, General Counsel,Secretary
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)07/23/2026A11,458 (2) (2)Class B Common11,458$011,458D
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 Michael E. Carr, Jr.07/24/2026
** 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)

Source: View Original Filing on SEC EDGAR