BellRing director granted stock equivalents

BellRing Brands, Inc. director Jennifer Kuperman Johnson received a grant of 2,382.733 BellRing common stock equivalents as part of her quarterly board retainer, valued at $12.94 per equivalent.

Rhea-AI Filing Summary

BellRing Brands, Inc. director Jennifer Kuperman Johnson received a grant of 2,382.733 BellRing common stock equivalents as part of her quarterly board retainer, valued at $12.94 per equivalent. This award is credited under the company’s Deferred Compensation Plan for Directors and increases her directly held stock equivalents to 21,903.107. These equivalents convert into BellRing common shares on a one-for-one basis and are distributed when she retires from the Board, with no fixed exercisable or expiration dates.

Insider Trade Summary

Grant/Award: 2,382.733 shares

Grant/Award 1 txn

Insider JOHNSON JENNIFER KUPERMAN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	BellRing Brands, Inc. Common Stock Equivalents	2,382.733	$12.94	$31K

Holdings After Transaction: BellRing Brands, Inc. Common Stock Equivalents — 21,903.107 contracts (Direct)

Footnotes (2)

1. F1. 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.
2. F2. The Common Stock equivalents have no fixed exercisable or expiration dates.

Key Figures

Stock equivalents granted: 2,382.733 units Reference value per equivalent: $12.94 per unit Holdings after transaction: 21,903.107 units +2 more

5 metrics

Stock equivalents granted 2,382.733 units Grant of BellRing common stock equivalents on 2026-07-01

Reference value per equivalent $12.94 per unit Valuation used for the 2,382.733 stock equivalents granted

Holdings after transaction 21,903.107 units Total BellRing common stock equivalents held directly after grant

Exercise price $0.00 Conversion or exercise price of the common stock equivalents

Transaction code A Grant, award, or other acquisition of derivative security

Key Terms

Deferred Compensation Plan for Directors, Common Stock equivalents, retainer earned as a Director, Grant, award, or other acquisition

4 terms

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.

Common Stock equivalents financial

"Reporting Person is credited with stock equivalents on a quarterly basis"

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.

retainer earned as a Director financial

"Reporting Person's retainer earned as a Director of Issuer is deferred"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

FAQ

What did BellRing Brands (BRBR) director Jennifer Kuperman Johnson report on this Form 4?

She reported receiving 2,382.733 BellRing common stock equivalents as a grant. The award represents deferred board retainer compensation credited under BellRing’s Deferred Compensation Plan for Directors and is structured to be settled in common stock at a later date.

How many BellRing (BRBR) stock equivalents does the director hold after this transaction?

After the grant, Jennifer Kuperman Johnson holds 21,903.107 BellRing common stock equivalents directly. These units track the value of BellRing common stock and are designed to be converted one-for-one into actual shares upon her retirement from the Board.

What was the reference value per BellRing (BRBR) common stock equivalent in this grant?

Each of the 2,382.733 newly credited BellRing common stock equivalents was valued at $12.94. This valuation is used for accounting the director’s deferred retainer compensation and reflects how many stock equivalents she receives for her earned board fees.

How and when will BellRing (BRBR) stock equivalents be settled for the director?

The stock equivalents are scheduled to be distributed in BellRing common stock upon Jennifer Kuperman Johnson’s retirement from the Board. Settlement occurs on a one-for-one basis, so each equivalent converts into one share of BellRing common stock at that time.

Do the BellRing Brands (BRBR) stock equivalents have an expiration date or vesting schedule?

According to the disclosure, the common stock equivalents have no fixed exercisable or expiration dates. They are credited quarterly as deferred compensation and remain outstanding until they are ultimately settled in BellRing common stock at the director’s retirement.

Is this BellRing (BRBR) Form 4 transaction an open-market purchase or sale?

No, this transaction is categorized as a grant or award acquisition, not a market trade. The director’s quarterly retainer is deferred into stock equivalents under BellRing’s director compensation plan, rather than representing a voluntary open-market buy or sell decision.

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Accepted by SEC EDGAR 07/06/2026 - 05:29 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

JOHNSON JENNIFER KUPERMAN

(Last) (First) (Middle)

C/O BELLRING BRANDS, INC.

1 N BRENTWOOD BLVD., SUITE 1550

(Street)

ST. LOUIS MISSOURI 63105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BELLRING BRANDS, INC. [ BRBR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
BellRing Brands, Inc. Common Stock Equivalents	(1)	07/01/2026		A		2,382.733		(2)	(2)	Common Stock	2,382.733	$12.94	21,903.107	D

Explanation of Responses:

1. 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.

2. The Common Stock equivalents have no fixed exercisable or expiration dates.

Remarks:

	/s/ Craig L. Rosenthal, Attorney in Fact	07/06/2026
	** Signature of Reporting Person	Date
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)