Brown-Forman EVP Christina Graven's Performance-Based Stock Award and Tax Withholding Transaction
This Form 4 filing reports transactions by Christina M. Graven, EVP and Chief Strategy Officer of Brown-Forman Corporation. On May 27, 2026, Graven received 1,346 shares of Class B common stock as a result of a performance-based restricted stock unit award granted on July 27, 2023. This award was subject to a three-year performance period ending April 30, 2026. Simultaneously, Graven surrendered 607 shares of Class B common stock to satisfy tax withholding obligations related to the award issuance. The shares were surrendered at a price of $25.94 per share, which was the closing price of BF-B stock on May 27, 2026. Following these transactions, Graven's direct holdings in Brown-Forman Class B common stock decreased from 2,469 shares to 1,862 shares. The filing demonstrates the typical process of performance-based equity compensation vesting and associated tax withholding procedures for corporate executives.