BellRing Brands (NYSE: BRBR) director adds 4,508 stock equivalents and reports trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VITALE ROBERT V reported acquisition or exercise transactions in this Form 4 filing.
BELLRING BRANDS, INC. director Robert V. Vitale reported updated holdings and a compensation-related grant of stock equivalents. He now indirectly holds 214,483 shares of Common Stock through a 2020 Family Trust in his name and 248,021 shares through a 2020 Family Trust for his spouse, and directly holds 644,848 shares.
Vitale also received a grant of 4,507.873 BellRing Brands, Inc. Common Stock equivalents at $12.94 per equivalent, increasing his balance of these derivatives to 13,710.551 units. Footnotes explain that director retainers are deferred into Common Stock equivalents under the Deferred Compensation Plan for Directors and will be settled one-for-one in Common Stock upon his retirement from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
VITALE ROBERT V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | BellRing Brands, Inc. Common Stock Equivalents | 4,507.873 | $12.94 | $58K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
BellRing Brands, Inc. Common Stock Equivalents — 13,710.551 shares (Direct, null);
Common Stock — 644,848 shares (Direct, null);
Common Stock — 248,021 shares (Indirect, By 2020 Family Trust (Spouse))
Footnotes (1)
- Reflects shares held by a trust for the benefit of spouse of the reporting person. The shares were previously held in the individual account of the spouse and were transferred to the trust in a transaction that effected only a change in the form of indirect beneficial ownership and did not change the pecuniary interest of the reporting person in the shares. Reporting Person's retainer earned as a Director of Issuer is deferred into Issuer Common Stock equivalents under the Issuer's Deferred Compensation Plan for Directors. Reporting Person is credited with stock equivalents on a quarterly basis as soon as administratively practical following the quarter in which such retainer is earned. The value of these stock equivalents is distributed (on a one-for-one basis) in the form of Issuer Common Stock upon Reporting Person's retirement from the Board of Directors. The Common Stock equivalents have no fixed exercisable or expiration dates.
Key Figures
Indirect trust holding (Robert Vitale 2020 Family Trust): 214,483 shares
Indirect trust holding (Spouse 2020 Family Trust): 248,021 shares
Direct Common Stock holding: 644,848 shares
+3 more
6 metrics
Indirect trust holding (Robert Vitale 2020 Family Trust)
214,483 shares
Common Stock indirectly held
Indirect trust holding (Spouse 2020 Family Trust)
248,021 shares
Common Stock indirectly held for spouse
Direct Common Stock holding
644,848 shares
Common Stock held directly after reported transactions
New Common Stock equivalents granted
4,507.873 units
Director compensation grant at $12.94 per equivalent
Price per Common Stock equivalent
$12.94 per equivalent
Grant value basis for stock equivalents
Total Common Stock equivalents after grant
13,710.551 units
Balance of BellRing Common Stock equivalents
Key Terms
Common Stock Equivalents, Deferred Compensation Plan for Directors, indirect beneficial ownership, pecuniary interest, +1 more
5 terms
Common Stock Equivalents financial
"BellRing Brands, Inc. Common Stock Equivalents"
Common stock equivalents are financial instruments that can be converted into common shares or have a similar effect on a company's stock ownership, such as stock options or convertible bonds. They matter to investors because they can increase the total number of shares outstanding, potentially diluting existing ownership and affecting the company's stock value. Recognizing these equivalents helps investors understand the true potential for future share issuance and company ownership structure.
Deferred Compensation Plan for Directors financial
"deferred into Issuer Common Stock equivalents under the Issuer's Deferred Compensation Plan for Directors"
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
indirect beneficial ownership financial
"transaction that effected only a change in the form of indirect beneficial ownership"
pecuniary interest financial
"did not change the pecuniary interest of the reporting person in the shares"
stock equivalents financial
"Reporting Person is credited with stock equivalents on a quarterly basis"
FAQ
What Form 4 activity did BRBR director Robert V. Vitale report?
Robert V. Vitale reported his updated BellRing Brands Common Stock holdings and a new grant of Common Stock equivalents. The filing reflects routine director compensation deferrals and current direct and indirect ownership positions rather than open-market share purchases or sales.
What Common Stock equivalents were granted to Robert V. Vitale in this BRBR filing?
Vitale received 4,507.873 BellRing Brands Common Stock equivalents at $12.94 per equivalent. These are compensation-related units credited under the Deferred Compensation Plan for Directors rather than traditional stock options or open-market purchases of Common Stock.
What is Robert V. Vitale’s total balance of BRBR Common Stock equivalents after this grant?
Following the grant, Vitale holds 13,710.551 BellRing Brands Common Stock equivalents. According to the footnotes, these stock equivalents track the value of Common Stock and will be distributed as actual shares after he retires from the Board of Directors.
How are BellRing Brands (BRBR) director retainers paid to Robert V. Vitale?
Vitale’s retainer as a BellRing Brands director is deferred into Common Stock equivalents under the company’s Deferred Compensation Plan for Directors. He is credited quarterly, and the value is ultimately distributed one-for-one in Common Stock upon his retirement from the Board.
Do the BRBR Common Stock equivalents reported have fixed exercise or expiration dates?
The filing states that the BellRing Brands Common Stock equivalents have no fixed exercisable or expiration dates. They represent deferred compensation that converts into Common Stock upon Vitale’s retirement from the Board, rather than traditional options with specific vesting or expiry schedules.