ERICKSON THOMAS P 4

What Happened Thomas P. Erickson, a director of BellRing Brands, Inc. (BRBR), was credited with 3,670.695 common stock equivalents on July 1, 2026. The award is valued at $12.94 per share, for a total reported value of $47,499. The filing classifies this as a derivative award/acquisition rather than an open‑market purchase.

Key Details

• Transaction date: 2026-07-01; Filing date (Accession): 2026-07-06.
• Units credited: 3,670.695 common stock equivalents at $12.94 each; total value $47,499.
• Type: Award/acquisition (derivative) under the Issuer’s Deferred Compensation Plan for Directors.
• Shares owned after the transaction: Not disclosed in the Form 4 provided.
• Footnotes:
  • The retainer earned as a director is deferred into common stock equivalents and credited quarterly; distribution of one-for-one common stock occurs upon the director’s retirement from the board.
  • The common stock equivalents have no fixed exercisable or expiration dates.
• Timeliness: The Form 4 was filed five calendar days after the transaction; Form 4s are generally due within two business days, so this filing appears late.

Context This was a deferred compensation credit (stock equivalents) rather than a cash purchase or sale — these credits typically reflect routine director compensation and do not necessarily indicate a change in the director’s market view. The units convert to actual shares upon the director’s retirement from the board and carry no fixed exercise or expiration schedule.