Nall Timothy M 4

What Happened Timothy M. Nall, an Executive Vice President (EVP) at Brown‑Forman Corporation, was granted 9,167 restricted stock units (RSUs) on July 23, 2026. The Form 4 reports this as an award/derivative acquisition (code A) with an acquisition price of $0.00 because RSUs are granted rather than purchased. This is a compensation award rather than an open‑market buy or sale.

Key Details

• Transaction date: July 23, 2026; filing date: July 24, 2026 (appears timely; Form 4 filed one day after grant).
• Grant type: Restricted stock units (derivative award), 9,167 RSUs; acquisition price reported $0.00.
• Vesting: RSUs vest in equal installments on April 30, 2027; April 30, 2028; and April 30, 2029 (per footnote).
• Footnotes: F1 — each RSU represents the contingent right to one share of Brown‑Forman Class B common stock. F2 — vesting schedule listed above.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context RSU grants are routine executive compensation and do not represent an immediate cash purchase or sale of stock; shares (or their cash equivalent) are delivered only if and when RSUs vest. Because this is a grant, it should be viewed as part of compensation rather than a direct insider vote of confidence via personal buying.