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BROWN FORMAN CORP Director's Dealing 2024

Feb 1, 2024

30482_dirs_2024-02-01_db2bbbc0-4e82-4e4b-a304-07b30896519c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2024-01-31

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-01-31 Class B Common M 8538 $35.603 Acquired 33805 Direct
2024-01-31 Class B Common F 6493 $56.11 Disposed 36555 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-01-31 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 19766 Indirect
Class B Common 30728 Indirect
Class B Common 89972 Indirect
Class B Common 5162.9865 Indirect
Class B Common 20487.8646 Indirect
Class B Common 19.1523 Indirect
Class A Common 11624 Direct
Class A Common 5527 Indirect
Class A Common 18052 Indirect
Class A Common 85.8596 Indirect

Footnotes

F1: The closing price of BF-B on January 30, 2024, was used to calculate the withholding obligation.

F2: Total updated to reflect transfer of 3,146 Class B shares from 2021 GRAT to individual holdings and transfer of 6,097 Class B shares from GRAT to individual holdings.

F3: Total updated to reflect transfer of 3,146 Class B shares from 2021 GRAT to individual holdings.

F4: Total updated to reflect transfer of 6,097 Class B shares from GRAT to individual holdings.

F5: Number of shares acquired through the issuer's employee stock purchase program as of January 31, 2024.

F6: Number of shares acquired through the issuer's 401(k) plan as of January 31, 2024.

F7: Number of shares acquired through the issuer's dividend reinvestment plan as of January 31, 2024.

F8: Total updated to reflect transfer of 756 Class A shares from 2021 GRAT to individual holdings and 3,944 Class A shares from GRAT to individual holdings.

F9: Total updated to reflect transfer of 756 Class A shares from 2021 GRAT to individual holdings.

F10: Total updated to reflect transfer of 3,944 Class A shares from GRAT to individual holdings.