Phibro (NASDAQ: PAHC) CEO receives 300,000 performance units award

Rhea-AI Filing Summary

Bendheim Daniel M reported acquisition or exercise transactions in this Form 4 filing.

PHIBRO ANIMAL HEALTH CORP reported that President and CEO Daniel M. Bendheim received a grant of 300,000 Performance Stock Units. Each unit represents a contingent right to one share of Class A Common Stock.

The performance stock units will vest, or be forfeited in full or in part, on June 30, 2031. Vesting depends on achieving specified stock price performance measured as of that date and on Bendheim’s continued employment through that time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bendheim Daniel M

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units	300,000	$0.00	--

Holdings After Transaction: Performance Stock Units — 300,000 shares (Direct, null)

Footnotes (1)

1. Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock. The PSUs shall vest (or be forfeited), in full or in part, on June 30, 2031, subject to achievement of specified stock price performance measured as of, and subject to the Reporting Person's continued employment on, such date.

Key Figures

Performance Stock Units granted: 300,000 units Underlying Class A shares: 300,000 shares Total PSUs after grant: 300,000 units +2 more

5 metrics

Performance Stock Units granted 300,000 units Grant of PSUs to President and CEO Daniel M. Bendheim

Underlying Class A shares 300,000 shares Each PSU contingently converts into one Class A Common share

Total PSUs after grant 300,000 units Total derivative holdings in this award following the transaction

Exercise/vesting reference date June 30, 2031 PSUs vest or are forfeited based on performance as of this date

Grant price per unit $0.00 per unit Compensation grant with no exercise price stated for PSUs

Key Terms

Performance Stock Units, Class A Common Stock, contingent right, vest (or be forfeited), +1 more

5 terms

Performance Stock Units financial

"Each performance stock unit ("PSU") represents a contingent right to receive one share..."

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Class A Common Stock financial

"Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

contingent right financial

"represents a contingent right to receive one share of Class A Common Stock."

vest (or be forfeited) financial

"The PSUs shall vest (or be forfeited), in full or in part, on June 30, 2031..."

stock price performance financial

"subject to achievement of specified stock price performance measured as of..."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:16 PM Accepted by SEC EDGAR 07/02/2026 - 04:15 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^*

Bendheim Daniel M

(Last) (First) (Middle)

300 FRANK W. BURR BLVD.,

STE 21

(Street)

TEANECK NEW JERSEY 07666

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PHIBRO ANIMAL HEALTH CORP [ PAHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

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
Performance Stock Units	(1)	07/01/2026		A		300,000		06/30/2031(2)	06/30/2031(2)	Class A Common Stock	300,000(2)	$0	300,000	D

Explanation of Responses:

1. Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.

2. The PSUs shall vest (or be forfeited), in full or in part, on June 30, 2031, subject to achievement of specified stock price performance measured as of, and subject to the Reporting Person's continued employment on, such date.

	/s/ Judith Weinstein, as Attorney-in-Fact for Daniel M Bendheim	07/02/2026
	** 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)

FAQ

What insider transaction did PAHC report for Daniel M. Bendheim?

Phibro Animal Health reported a grant of 300,000 Performance Stock Units to President and CEO Daniel M. Bendheim. These derivative awards provide contingent rights to receive Class A Common Stock if future vesting conditions are met.

How many performance stock units were granted to the PAHC CEO?

Daniel M. Bendheim received 300,000 Performance Stock Units. Each unit represents a contingent right to receive one share of Class A Common Stock, subject to future vesting tied to stock price performance and continued employment conditions.

When do Daniel M. Bendheim’s PAHC performance stock units vest?

The performance stock units are scheduled to vest, or be forfeited, on June 30, 2031. Vesting is based on specified stock price performance measured on that date and requires Bendheim’s continued employment at that time.

What does each PAHC performance stock unit represent for the CEO grant?

Each Performance Stock Unit granted to Daniel M. Bendheim represents a contingent right to receive one share of Phibro’s Class A Common Stock. Actual delivery depends on future vesting conditions related to stock price performance and employment status.

What conditions affect vesting of PAHC CEO Daniel Bendheim’s PSUs?

Vesting of Daniel M. Bendheim’s Performance Stock Units depends on achieving specified stock price performance by June 30, 2031. In addition, he must remain employed through that date for the PSUs to vest rather than be forfeited.