BROWN FORMAN CORP — Director's Dealing 2023

Feb 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2023-02-22

Reporting Person: Whiting Lawson E (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Class B Common	M	22195	$28.034	Acquired	40838	Direct
2023-02-22	Class B Common	F	15394	$64.90	Disposed	25444	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	Stock Appreciation Right	$28.034	M	22195	Disposed	2023-04-30	Class B Common (22195.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	0.7039	Indirect

Footnotes

F1: The closing price of BF-B on February 21, 2023, was used to calculate the withholding obligation.

F2: Number of shares acquired through the issuer's dividend reinvestment plan as of February 22, 2023.