Enyard Angela S 4

What Happened

• Angela S. Enyard, Senior Vice President and Chief Accounting Officer of Brown‑Forman (BFA/BFB), was granted 2,450 restricted stock units (RSUs) on July 23, 2026. The award is recorded at $0.00 per unit on the Form 4 (a typical presentation for compensation grants); the economic value will depend on Brown‑Forman’s share price when the RSUs convert to actual shares at vesting.

Key Details

• Transaction date and type: July 23, 2026 — Grant/Award (code A) of 2,450 RSUs (derivative security).
• Reported acquisition price: $0.00 per unit (grant value not listed as a cash purchase on the Form 4).
• Vesting schedule (footnote): RSUs vest in equal installments on April 30, 2027; April 30, 2028; and April 30, 2029.
• Footnote clarification: Each RSU represents a contingent right to one share of Brown‑Forman Class B common stock.
• Shares owned after transaction: Not specified in the information provided.
• Filing timeliness: Period of report 2026‑07‑23, Form 4 filed 2026‑07‑24 — appears timely (no late filing flag).

Context

• RSUs are compensation awards that convert into shares (or cash equivalent) only upon vesting; they do not represent immediately tradable stock. As such, grants are typically part of routine executive compensation and do not by themselves signal an insider buying or selling based on current sentiment. The grant was reported as a derivative award (not a cash purchase or sale).