Form 4 Filing for Smith Elizabeth A
Elizabeth A. Smith, a director at Brown Forman Corp, received a grant of 9,523.8095 Deferred Stock Units (DSUs) on July 23, 2026. These DSUs, valued at the closing price of $26.25 per share on the grant date, are part of the Brown-Forman Corporation Amended and Restated Non-Employee Director Deferred Stock Unit Program. Each DSU entitles the holder to one share of Class A common stock. The DSUs vest over the course of the Board year and will be paid out in Class A common stock on the first February 1 that is at least six months following the director's termination from Board service. As of July 23, 2026, Smith holds a total of 28,063.4136 DSUs. The filing also notes that participants are credited with DSU equivalents on dividend payment dates.