Carr Michael E Jr 4
4 · BROWN FORMAN CORP · Filed Jul 24, 2026
Research Summary
AI-generated summary of this filing
Brown‑Forman EVP Michael Carr Receives Restricted Stock Award
What Happened
Michael E. Carr Jr., EVP, General Counsel and Secretary of Brown‑Forman (BFA/BFB), was granted 11,458 restricted stock units (RSUs) on July 23, 2026. The award is reported as a derivative grant at $0.00 per unit (typical for RSU awards); the filing does not report a cash value or post-transaction share total. Each RSU is a contingent right to one share of Brown‑Forman Class B common stock.
Key Details
- Transaction date: July 23, 2026; filing date: July 24, 2026 (timely filing).
- Transaction type/code: Grant/Award (A); derivative securities issued.
- Units granted: 11,458 restricted stock units; reported acquisition price: $0.00 per unit.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each RSU converts to one share of Brown‑Forman Class B common stock; F2 — RSUs vest in equal installments on April 30, 2027; April 30, 2028; and April 30, 2029.
- No 10b5-1 plan, tax-withholding sale, or late-filing flag is indicated in this Form 4.
Context
RSU grants are a form of compensation and do not represent an open‑market purchase or sale. They become actual shares only if and when they vest (per the three-date schedule above), at which point the executive may receive shares or be subject to withholding. Such awards are common for executives and are typically intended for retention and alignment with shareholder interests rather than signaling immediate trading intent.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-07-23+11,458→ 11,458 total→ Class B Common (11,458 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
- [F2]The restricted stock units were granted on July 23, 2026, and will vest in equal installments on April 30, 2027, April 30, 2028, and April 30, 2029.