STOCK TITAN

Brown-Forman (NYSE: BF) grants 9,167 restricted stock units to EVP Diane Nguyen

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Form Type
4

Rhea-AI Filing Summary

Nguyen Diane F reported acquisition or exercise transactions in this Form 4 filing.

Brown-Forman Corp reported a grant of 9,167 restricted stock units to EVP, Chief People & Communications Officer Diane F. Nguyen. Each unit represents one share of Class B common stock and will vest in three equal installments on April 30, 2027, April 30, 2028, and April 30, 2029.

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Insider Nguyen Diane F
Role EVP, Chief Ppl & Comm
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.
Restricted stock units granted 9,167 units Award to EVP Diane F. Nguyen on July 23, 2026
Grant price per unit $0.0000 Reported grant price per restricted stock unit
Underlying Class B shares 9,167 shares Each RSU represents one share of Class B common stock
Vesting dates April 30, 2027; April 30, 2028; April 30, 2029 RSUs vest in three equal annual installments
Restricted Stock Units financial
"Security title reported as Restricted Stock Units."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share."
vesting financial
"Units will vest in equal installments on April 30, 2027, 2028, and 2029."
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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FAQ

What insider transaction did Brown-Forman (BF) report for Diane F. Nguyen?

Brown-Forman reported that Diane F. Nguyen received 9,167 restricted stock units as a compensation award. These RSUs are settled in Class B common stock and vest in three equal annual installments from 2027 through 2029, subject to continued service.

How many Brown-Forman (BF) shares are underlying the new RSU grant?

The RSU grant to Diane F. Nguyen is linked to 9,167 shares of Brown-Forman Class B common stock. Each restricted stock unit represents a contingent right to receive one share, delivered only as the units vest over the three-year schedule.

When do Diane F. Nguyen's Brown-Forman (BF) RSUs vest?

The 9,167 RSUs granted to Diane F. Nguyen vest in three equal installments. Vesting dates are April 30, 2027, April 30, 2028, and April 30, 2029, aligning the award with multi-year retention and performance horizons at the company.

Is the Brown-Forman (BF) RSU grant a market purchase or a compensation award?

The RSU transaction is a grant or award acquisition, not a market purchase. It is reported with transaction code "A" at a grant price of $0.0000 per unit, indicating stock-based compensation rather than an open-market buy or sell.

What is Diane F. Nguyen's reported Brown-Forman (BF) position after this RSU grant?

Following the grant, Diane F. Nguyen is reported to hold 9,167 restricted stock units directly. These units represent contingent rights; actual Brown-Forman Class B shares will only be issued as the RSUs vest on the scheduled dates from 2027 to 2029.
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*
Nguyen Diane F

(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 Ppl & Comm
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 Diane F. Nguyen07/24/2026
** 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)