Peterson Crystal L 4

What Happened Crystal L. Peterson, EVP (Chief Incl/Global Comm) of Brown‑Forman (tickers BFA, BFB), was granted 3,285 restricted stock units (RSUs) on July 23, 2026. The award was reported at $0.00 per share because this is a compensation grant (derivative award), not a cash purchase or sale. Each RSU represents a contingent right to receive one share of Brown‑Forman Class B common stock upon vesting.

Key Details

• Transaction date and type: 2026-07-23 — Grant/award of 3,285 restricted stock units (derivative). Report filed 2026-07-24 (appears timely).
• Price: $0.00 per unit (typical for RSU grants).
• Vesting: RSUs vest in equal installments on April 30, 2027; April 30, 2028; and April 30, 2029 (footnote F2).
• Conversion: Each RSU converts to one share of Class B common stock upon vesting (footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No 10b5‑1 plan, tax‑withholding sale, or late‑filing flag is indicated in the excerpt.

Context RSU grants are a form of equity compensation and do not involve an immediate purchase or sale of stock; they become actual shares only if and when they vest. Such awards are common for executives and are designed for retention and alignment with shareholder value — they are not a direct signal to buy or sell shares. Purchases (insider buys) tend to carry more weight for interpreting insider sentiment than routine grants.