BellRing director granted 2.4K stock equivalents
BELLRING BRANDS, INC. director Chonda J. Nwamu reported an acquisition of 2,447.1310 BellRing common stock equivalents as a compensation grant.
Rhea-AI Filing Summary
BELLRING BRANDS, INC. director Chonda J. Nwamu reported an acquisition of 2,447.1310 BellRing common stock equivalents as a compensation grant. These units were credited at a reference value of $12.94 per equivalent and increased the director’s total deferred common stock equivalents to 14,259.8110 held directly.
According to the company’s Deferred Compensation Plan for Directors, retainers earned as a director are deferred into BellRing common stock equivalents on a quarterly basis and later paid out one-for-one in BellRing common shares upon the director’s retirement from the board. The common stock equivalents have no fixed exercisable or expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | BellRing Brands, Inc. Common Stock Equivalents | 2,447.131 | $12.94 | $32K |
Footnotes (2)
- 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.
- F2. The Common Stock equivalents have no fixed exercisable or expiration dates.
Key Figures
Key Terms
Deferred Compensation Plan for Directors financial
Common Stock equivalents financial
grant, award, or other acquisition regulatory
Form 4 regulatory
exercise price financial
FAQ
What did BellRing Brands (BRBR) director Chonda J. Nwamu report on this Form 4?
How many BellRing Brands stock equivalents does the director hold after this transaction?
How are BellRing Brands director retainers handled under the Deferred Compensation Plan?
Do the BellRing Brands common stock equivalents reported have exercise or expiration dates?
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