STOCK TITAN

BellRing Brands (BRBR) director granted deferred stock equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

JOHNSON JENNIFER KUPERMAN reported acquisition or exercise transactions in this Form 4 filing.

BELLRING BRANDS, INC. director Jennifer Kuperman Johnson received a grant of deferred equity compensation in the form of 1,916.257 Common Stock equivalents on March 31, 2026.

The award was valued at $16.09 per stock equivalent and increased her total balance to 19,520.375 Common Stock equivalents. According to the company’s Deferred Compensation Plan for Directors, these equivalents represent quarterly retainers deferred into stock units and will be paid out one-for-one in BellRing common shares when she retires from the board. The stock equivalents have no fixed exercisable or expiration dates.

Positive

  • None.

Negative

  • None.
Insider JOHNSON JENNIFER KUPERMAN
Role Director
Type Security Shares Price Value
Grant/Award BellRing Brands, Inc. Common Stock Equivalents 1,916.257 $16.09 $31K
Holdings After Transaction: BellRing Brands, Inc. Common Stock Equivalents — 19,520.375 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.
Stock equivalents granted 1,916.257 Common Stock equivalents Director deferred compensation grant on March 31, 2026
Grant valuation price $16.09 per stock equivalent Value assigned to Common Stock equivalents in this grant
Total stock equivalents after grant 19,520.375 Common Stock equivalents Director’s balance following the reported transaction
Conversion/exercise price $0.00 per equivalent Common Stock equivalents convert one-for-one into common shares
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.
retainer financial
"Reporting Person's retainer earned as a Director of Issuer is deferred into Issuer Common Stock equivalents"
Issuer Common Stock financial
"distributed (on a one-for-one basis) in the form of Issuer Common Stock upon Reporting Person's retirement"
no fixed exercisable or expiration dates financial
"The Common Stock equivalents have no fixed exercisable or expiration dates."
SEC Form 4
FORM 4UNITED 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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
BellRing Brands, Inc. Common Stock Equivalents(1)03/31/2026A1,916.257 (2) (2)Common Stock1,916.257$16.0919,520.375D
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 Fact04/02/2026
** Signature of Reporting PersonDate
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 Jennifer Kuperman Johnson report?

Jennifer Kuperman Johnson reported receiving 1,916.257 BellRing Brands Common Stock equivalents as deferred director compensation. The award, valued at $16.09 per equivalent, increased her total deferred stock equivalent balance to 19,520.375 units under the company’s Deferred Compensation Plan for Directors.

How many BellRing Brands (BRBR) stock equivalents does the director hold after this Form 4?

After this grant, the director holds 19,520.375 BellRing Brands Common Stock equivalents. These units accumulate quarterly as retainers are deferred and will eventually be settled one-for-one in BellRing common shares upon her retirement from the company’s board of directors.

What is the value per BellRing Brands (BRBR) stock equivalent in this Form 4 filing?

Each Common Stock equivalent was valued at $16.09 in this grant. The award reflects the director’s quarterly retainer being deferred into stock equivalents under the Deferred Compensation Plan, rather than being paid in cash, aligning compensation with BellRing’s share performance.

Are the BellRing Brands (BRBR) Common Stock equivalents immediately exercisable or expiring?

The Common Stock equivalents have no fixed exercisable or expiration dates. Instead, they remain as bookkeeping entries that track deferred director compensation and will convert into BellRing common shares on a one-for-one basis when the director retires from the board.

How does BellRing Brands’ Deferred Compensation Plan for Directors work for BRBR insiders?

Under the Deferred Compensation Plan for Directors, board retainers are deferred into BellRing Common Stock equivalents. Directors are credited quarterly with stock equivalents, and the accumulated units are later distributed as actual BellRing common shares upon the director’s retirement from the company’s board.