Masick Michael Andrew 4

What Happened Michael Andrew Masick, EVP and President, Americas of Brown‑Forman Corp., was issued 611 shares of Class B common stock on May 27, 2026 pursuant to a performance-based restricted stock unit (RSU) award granted July 27, 2023 (three-year performance period ended April 30, 2026). To satisfy tax withholding obligations related to the issuance, Masick surrendered 276 Class B shares at $25.94 per share (disposed), generating $7,159 to cover taxes. The 611 shares were acquired at $0 as they were issued from the RSU award.

Key Details

• Transaction dates: shares issued and withholding surrender on May 27, 2026; Form 4 filed May 29, 2026 (appears timely).
• Transaction types/codes: A = Award/Grant (611 shares acquired); F = Tax withholding (276 shares surrendered/disposed).
• Withholding price: $25.94 per share; withholding amount reported as $7,159.
• Footnotes: RSUs were from a July 27, 2023 performance award with a three-year performance period ending April 30, 2026; shares issued May 27, 2026; withholding calculated using the May 27, 2026 closing price; total adjusted for dividend reinvestment.
• Shares owned after transaction: not specified in the filing.

Context This was an issuance of RSU shares (not an open‑market purchase or a stock sale for investment). The surrender of shares to cover tax withholding is a common, routine occurrence and does not necessarily indicate a change in the insider’s view of the company.