BellRing Brands (NYSE: BRBR) director awarded 1,968 deferred stock equivalents

Rhea-AI Filing Summary

BELLRING BRANDS, INC. director David Isaiah Finkelstein reported an acquisition of BellRing Brands, Inc. Common Stock equivalents. On March 31, 2026, he received 1,968.0470 Common Stock equivalents as a grant tied to his director retainer under the company’s Deferred Compensation Plan for Directors.

These Common Stock equivalents track the value of BellRing’s Common Stock and will be distributed on a one-for-one basis in actual shares when he retires from the Board of Directors. The filing notes that these equivalents have no fixed exercisable or expiration dates, and his total reported holdings of these equivalents after the transaction are 1,968.0470.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Finkelstein David Isaiah

Role Director

Type	Security	Shares	Price	Value
Grant/Award	BellRing Brands, Inc. Common Stock Equivalents	1,968.047	$16.09	$32K

Holdings After Transaction: BellRing Brands, Inc. Common Stock Equivalents — 1,968.047 shares (Direct)

Footnotes (1)

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

Key Figures

Common Stock equivalents granted: 1,968.0470 units Price per equivalent: $16.0900 per unit Holdings after transaction: 1,968.0470 units +2 more

5 metrics

Common Stock equivalents granted 1,968.0470 units Grant of BellRing Brands Common Stock equivalents on March 31, 2026

Price per equivalent $16.0900 per unit Transaction price per Common Stock equivalent for the March 31, 2026 grant

Holdings after transaction 1,968.0470 units Total BellRing Brands Common Stock equivalents reported following the grant

Conversion or exercise price $0.0000 Common Stock equivalents have a zero conversion or exercise price

Transaction code A Indicates a grant, award, or other acquisition of derivative securities

Key Terms

Common Stock equivalents, Deferred Compensation Plan for Directors, stock equivalents, Common Stock

4 terms

Common Stock equivalents financial

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

stock equivalents financial

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

Common Stock financial

"distributed (on a one-for-one basis) in the form of Issuer Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

Finkelstein David Isaiah

(Last) (First) (Middle)

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)
03/31/2026

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)	03/31/2026		A		1,968.047		(2)	(2)	Common Stock	1,968.047	$16.09	1,968.047	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	04/02/2026
	** 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)

FAQ

What insider transaction did BRBR director David Finkelstein report?

Director David Isaiah Finkelstein reported receiving 1,968.0470 BellRing Brands Common Stock equivalents. These were granted as part of his director retainer under the company’s Deferred Compensation Plan for Directors and are not an open-market purchase or sale.

Was the BRBR Form 4 transaction an open-market buy or sell?

The Form 4 for BRBR shows a grant of Common Stock equivalents, not an open-market buy or sell. Code A indicates an award related to compensation, with 1,968.0470 Common Stock equivalents credited to the director’s deferred compensation account.

How many BellRing Brands Common Stock equivalents does the director hold after this award?

Following this award, the director is reported to hold 1,968.0470 BellRing Brands Common Stock equivalents. These units represent deferred compensation tied to the value of the company’s Common Stock and will be settled in actual shares upon his retirement from the Board.

What is the purpose of BellRing Brands’ Deferred Compensation Plan for Directors?

The Deferred Compensation Plan for Directors lets directors defer their retainer into Common Stock equivalents. These equivalents are credited quarterly based on the earned retainer and are ultimately distributed as actual BellRing Brands Common Stock when the director retires from the Board of Directors.

Do the reported Common Stock equivalents for BRBR have an expiration date?

The Common Stock equivalents reported for BRBR do not have fixed exercisable or expiration dates. According to the disclosure, they are distributed on a one-for-one basis in BellRing Brands Common Stock when the director retires from the Board of Directors.