BellRing director buys 2,022 shares at $9.89

A BellRing Brands director made an open-market share purchase, increasing his direct holdings to about 18.2 thousand shares.

Rhea-AI Filing Summary

BELLRING BRANDS, INC. (BRBR) reported that director Shawn Conway purchased common stock in the open market. On September 8, 2026, he bought 2,022.244 shares at a weighted average price of $9.89 per share, with individual trades between $9.88 and $9.89. Following this purchase, he directly holds 18,179.726 shares of BellRing Brands common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Buyer: 2,022.244 shares

Net Buy 1 txn

Insider CONWAY SHAWN

Role Director

Bought 2,022.244 shs ($20K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	2,022.244	$9.89	$20K

Holdings After Transaction: Common Stock — 18,179.726 shares (Direct)

Footnotes (1)

1. F1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.88 to $9.89 per share. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Key Figures

Shares purchased: 2,022.244 shares Weighted average purchase price: $9.89 per share Price range of trades: $9.88–$9.89 per share +2 more

5 metrics

Shares purchased 2,022.244 shares Open-market purchase by director on September 8, 2026

Weighted average purchase price $9.89 per share Director’s open-market purchase on September 8, 2026

Price range of trades $9.88–$9.89 per share Range for multiple trades making up the reported purchase

Shares owned after transaction 18,179.726 shares Director’s direct holdings following the September 8, 2026 purchase

Number of reported buy transactions 1 transaction Non-derivative open-market purchase reported in this Form 4

Key Terms

weighted average price, Rule 10b5-1, open-market transaction

3 terms

weighted average price financial

"The reported price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this transaction."

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

open-market transaction financial

"purchased common stock in the open market."

An open-market transaction is a buy or sell of a company's shares or other securities conducted on a public exchange at the current market price, rather than through a private agreement. Investors watch these trades because they change the number of shares available and can move the price immediately—similar to how a large purchase at a busy store can raise demand and affect the checkout price—so such activity can signal market sentiment and alter ownership stakes.

FAQ

What insider transaction did BRBR disclose for director Shawn Conway?

BellRing Brands disclosed that director Shawn Conway purchased 2,022.244 shares of common stock in an open-market transaction on September 8, 2026 at a weighted average price of $9.89 per share.

At what price did the BRBR director buy shares in the latest Form 4?

The director’s purchase had a weighted average price of $9.89 per share. The filing states the shares were bought in multiple trades at prices ranging from $9.88 to $9.89 per share.

How many BRBR shares does the director own after this transaction?

After the reported purchase, director Shawn Conway directly owns 18,179.726 shares of BellRing Brands common stock, according to the Form 4 disclosure.

Was the BRBR insider trade made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the transaction was not made pursuant to a Rule 10b5-1 trading plan.

What type of security did the BRBR director buy on September 8, 2026?

The filing shows that the director purchased common stock of BellRing Brands, Inc. in the reported transaction on September 8, 2026.

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

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Available on EDGAR 09/09/2026 - 05:01 PM Accepted by SEC EDGAR 09/09/2026 - 05:00 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^*

CONWAY SHAWN

(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)
09/08/2026

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
Common Stock	09/08/2026		P		2,022.244	A	$9.89(1)	18,179.726	D

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

Explanation of Responses:

1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.88 to $9.89 per share. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Craig L. Rosenthal, Attorney in Fact	09/09/2026
	** 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)