BellRing director granted stock equivalents

BELLRING BRANDS, INC. director Chonda J. Nwamu acquired 1,968.047 BellRing Brands, Inc. Common Stock equivalents on March 31, 2026 as a grant/award tied to director compensation.

Rhea-AI Filing Summary

BELLRING BRANDS, INC. director Chonda J. Nwamu acquired 1,968.047 BellRing Brands, Inc. Common Stock equivalents on March 31, 2026 as a grant/award tied to director compensation. These equivalents were valued at $16.09 each and are credited under the company’s Deferred Compensation Plan for Directors.

The transaction increased Nwamu’s holdings to 11,812.679 Common Stock equivalents. According to the plan, director retainers are deferred into Common Stock equivalents quarterly and will be distributed on a one-for-one basis as BellRing Common Stock upon the director’s retirement from the Board. The Common Stock equivalents have no fixed exercisable or expiration dates.

Insider Trade Summary

Grant/Award: 1,968.047 shares

Grant/Award 1 txn

Insider Nwamu Chonda J

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 — 11,812.679 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

Common Stock equivalents granted: 1,968.047 equivalents Grant value per equivalent: $16.09 Total Common Stock equivalents after grant: 11,812.679 equivalents +2 more

5 metrics

Common Stock equivalents granted 1,968.047 equivalents Director grant on March 31, 2026

Grant value per equivalent $16.09 Value per Common Stock equivalent for this grant

Total Common Stock equivalents after grant 11,812.679 equivalents Director holdings following the March 31, 2026 transaction

Conversion price $0.00 Conversion or exercise price of Common Stock equivalents

Transaction code A Grant, award, or other acquisition of derivative security

Key Terms

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

5 terms

Common Stock equivalents financial

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

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"

one-for-one basis financial

"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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BellRing Brands (BRBR) report for Chonda J. Nwamu?

BellRing Brands reported that director Chonda J. Nwamu acquired 1,968.047 Common Stock equivalents as a grant on March 31, 2026. These were credited under the company’s Deferred Compensation Plan for Directors, increasing total Common Stock equivalent holdings to 11,812.679.

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

Under BellRing Brands’ Deferred Compensation Plan for Directors, director retainers are deferred into Common Stock equivalents rather than paid in cash. Directors are credited quarterly, and these equivalents are later distributed one-for-one in BellRing Common Stock when a director retires from the Board.

At what value were BellRing Brands (BRBR) Common Stock equivalents credited to Chonda J. Nwamu?

The Common Stock equivalents granted to Chonda J. Nwamu were valued at $16.09 per equivalent. This value applies to the 1,968.047 Common Stock equivalents credited on March 31, 2026 as part of her deferred director retainer compensation.

When will Chonda J. Nwamu receive actual BellRing Brands (BRBR) Common Stock?

Chonda J. Nwamu will receive actual BellRing Brands Common Stock upon retirement from the Board. Her accrued Common Stock equivalents will then be distributed on a one-for-one basis in BellRing Common Stock, consistent with the company’s Deferred Compensation Plan for Directors.

Do BellRing Brands Common Stock equivalents granted to directors have expiration dates?

The Common Stock equivalents granted to BellRing Brands directors do not have fixed exercisable or expiration dates. They remain outstanding until they are ultimately settled in BellRing Common Stock when the director retires from the Board of Directors.

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

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Accepted by SEC EDGAR 04/02/2026 - 06:40 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^*

Nwamu Chonda J

(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)
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	11,812.679	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)