BROWN FORMAN CORP — Director's Dealing 2023

Nov 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2023-10-31

Reporting Person: Hamel Matthew E (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-31	Class B Common	M	8538	$35.603	Acquired	32169	Direct
2023-10-31	Class B Common	F	6902	$55.23	Disposed	25267	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-31	Stock Appreciation Right	$35.603	M	8538	Disposed	2024-04-30	Class B Common (8538)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	22912	Indirect
Class B Common	36825	Indirect
Class B Common	89972	Indirect
Class B Common	5040.6712	Indirect
Class B Common	20409.488	Indirect
Class B Common	18.1872	Indirect

Footnotes

F1: The closing price of BF-B on October 30, 2023, was used to calculate the withholding obligation.

F2: Number of shares acquired through the issuer's employee stock purchase program as of October 31, 2023.

F3: Number of shares acquired through the issuer's 401(k) plan as of October 30, 2023.

F4: Number of shares acquired through the issuer's dividend reinvestment plan as of October 31, 2023.