BellRing director granted 2,447 stock equivalents

BellRing Brands director David Isaiah Finkelstein reported receiving a grant of 2,447.1310 BellRing Brands, Inc. Common Stock equivalents on July 1, 2026.

Rhea-AI Filing Summary

BellRing Brands director David Isaiah Finkelstein reported receiving a grant of 2,447.1310 BellRing Brands, Inc. Common Stock equivalents on July 1, 2026. The grant was valued using a reference price of $12.94 per share and represents deferred retainer compensation for his board service.

These awards are credited quarterly under the company’s Deferred Compensation Plan for Directors and convert on a one-for-one basis into BellRing Brands common stock when he retires from the board. Following this grant, Finkelstein holds a total of 4,415.1790 common stock equivalents. The equivalents have no fixed exercisable or expiration dates.

Insider Trade Summary

Grant/Award: 2,447.131 shares

Grant/Award 1 txn

Insider Finkelstein David Isaiah

Role Director

Type	Security	Shares	Price	Value
Grant/Award	BellRing Brands, Inc. Common Stock Equivalents	2,447.131	$12.94	$32K

Holdings After Transaction: BellRing Brands, Inc. Common Stock Equivalents — 4,415.179 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

Grant size: 2,447.1310 stock equivalents Reference price: $12.94 per share Total equivalents after grant: 4,415.1790 stock equivalents +2 more

5 metrics

Grant size 2,447.1310 stock equivalents Common Stock equivalents granted July 1, 2026

Reference price $12.94 per share Price used to value Common Stock equivalents

Total equivalents after grant 4,415.1790 stock equivalents Holdings following reported transaction

Conversion ratio 1 equivalent : 1 share Distribution in Common Stock at board retirement

Exercise price $0.00 Conversion or exercise price for stock equivalents

Key Terms

Common Stock equivalents, Deferred Compensation Plan for Directors, retainer, expiration dates

4 terms

Common Stock equivalents financial

"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."

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

"retainer earned as a Director of Issuer is 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.

retainer financial

"Reporting Person's retainer earned as a Director of Issuer is deferred into Issuer Common Stock equivalents"

expiration dates financial

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

FAQ

What did BellRing Brands (BRBR) director David Finkelstein report in this Form 4?

David Finkelstein reported receiving a grant of 2,447.1310 BellRing Brands Common Stock equivalents. These were awarded as deferred board retainer compensation and increase his total holdings under the plan to 4,415.1790 common stock equivalents credited to his account.

How many BellRing Brands (BRBR) stock equivalents were granted to David Finkelstein?

He was granted 2,447.1310 Common Stock equivalents. These units are credited quarterly based on his director retainer and will ultimately be settled in BellRing Brands common stock on a one-for-one basis when he retires from the board.

What is the reference price for David Finkelstein’s BellRing Brands (BRBR) stock equivalent grant?

The grant used a reference price of $12.94 per share for the Common Stock equivalents. This price is used to convert his deferred cash retainer into stock equivalents under the Deferred Compensation Plan for Directors.

How many BellRing Brands (BRBR) stock equivalents does David Finkelstein hold after this transaction?

After this grant, David Finkelstein holds 4,415.1790 Common Stock equivalents. These reflect accumulated deferred director retainers and will be distributed as BellRing Brands common shares when he retires from the board, subject to the plan’s terms.

When will David Finkelstein receive actual BellRing Brands (BRBR) common stock for these equivalents?

He will receive BellRing Brands common stock upon his retirement from the board. At that time, each Common Stock equivalent converts into one share of common stock, providing a deferred, equity-based component to his director compensation.

Do the BellRing Brands (BRBR) Common Stock equivalents reported have expiration dates?

The Common Stock equivalents reported have no fixed exercisable or expiration dates. Instead, they remain as deferred units under the director compensation plan until David Finkelstein retires from the board and receives common shares.

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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^*

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)
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		2,447.131		(2)	(2)	Common Stock	2,447.131	$12.94	4,415.179	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)