BellRing Brands director awarded stock equivalents

STEIN ELLIOT JR reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

STEIN ELLIOT JR reported acquisition or exercise transactions in this Form 4 filing.

BELLRING BRANDS, INC. director Elliot Jr. Stein received an award of 489.427 BellRing Brands Common Stock equivalents as part of his director retainer, valued using a reference price of $12.94 per unit. These units are credited quarterly under the company’s Deferred Compensation Plan for Directors and are settled in one share of Common Stock for each unit when he retires from the board. Following this award, Stein holds a total of 2,904.565 Common Stock equivalents. The units have no fixed exercisable or expiration dates, reflecting a long-term, deferred form of equity-based compensation rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 489.427 shares

Grant/Award 1 txn

Insider STEIN ELLIOT JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	BellRing Brands, Inc. Common Stock Equivalents	489.427	$12.94	$6K

Holdings After Transaction: BellRing Brands, Inc. Common Stock Equivalents — 2,904.565 contracts (Direct)

Footnotes (2)

1. F1. A portion of 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

Awarded stock equivalents: 489.427 units Reference value per unit: $12.94 per unit Total stock equivalents after grant: 2,904.565 units +1 more

4 metrics

Awarded stock equivalents 489.427 units Common Stock equivalents granted as director retainer on 2026-07-01

Reference value per unit $12.94 per unit Transaction price per Common Stock equivalent for this grant

Total stock equivalents after grant 2,904.565 units Director’s Common Stock equivalent balance following this transaction

Conversion ratio 1:1 into Common Stock Each Common Stock equivalent distributed as one share at retirement

Key Terms

Common Stock equivalents, Deferred Compensation Plan for Directors, retainer, one-for-one basis, +1 more

5 terms

Common Stock equivalents financial

"A portion of 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

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

one-for-one basis financial

"The value of these stock equivalents is distributed (on a one-for-one basis) in the form of Issuer Common Stock"

no fixed exercisable or expiration dates financial

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

FAQ

What insider transaction did BELLRING BRANDS (BRBR) report for Elliot Jr. Stein?

BELLRING BRANDS reported that director Elliot Jr. Stein received 489.427 Common Stock equivalents as a compensation award. These units come from deferring a portion of his director retainer into stock equivalents under the company’s Deferred Compensation Plan for Directors.

Is the Elliot Jr. Stein Form 4 for BRBR a stock purchase or sale?

The Form 4 for Elliot Jr. Stein reflects an acquisition as a grant or award, not an open-market purchase or sale. The 489.427 Common Stock equivalents result from deferring his director retainer into stock units, which settle in shares at retirement.

How many BellRing Brands Common Stock equivalents does Elliot Jr. Stein hold after this transaction?

After this transaction, Elliot Jr. Stein holds 2,904.565 BellRing Brands Common Stock equivalents. This total includes the newly credited 489.427 units awarded for his director retainer, providing a running balance of his deferred equity-based compensation position.

How are the BellRing Brands Common Stock equivalents for BRBR directors valued and settled?

The Common Stock equivalents are linked to BellRing Brands’ Common Stock and here use a reference value of $12.94 per unit. They are distributed on a one-for-one basis in actual Common Stock when the director retires from the board, converting deferred compensation into shares.

Do the BellRing Brands (BRBR) Common Stock equivalents reported on this Form 4 have an expiration date?

The Common Stock equivalents reported for Elliot Jr. Stein have no fixed exercisable or expiration dates. Instead, they are designed as long-term deferred compensation that converts into BellRing Brands Common Stock when he retires from the Board of Directors.

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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^*

STEIN ELLIOT JR

(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		489.427		(2)	(2)	Common Stock	489.427	$12.94	2,904.565	D

Explanation of Responses:

1. A portion of 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)