Form 4: BellRing Brands Director Elliot Stein Jr. Increases Stake Through Deferred Compensation Plan

Elliot Stein Jr., a Director at BellRing Brands, Inc., acquired 149.602 common stock equivalents valued at $57.93 each through the company's deferred compensation plan.

Summary

• Elliot Stein Jr., a Director of BellRing Brands, Inc. (BRBR), acquired 149.602 Common Stock Equivalents on July 1, 2025.
• The acquisition was part of a deferred compensation plan for directors, where a portion of the director's retainer is converted into stock equivalents.
• Each Common Stock Equivalent was valued at $57.93.
• Following this transaction, Elliot Stein Jr. beneficially owns a total of 1,588.972 Common Stock Equivalents.
• These stock equivalents will be distributed as Issuer Common Stock on a one-for-one basis upon the Reporting Person's retirement from the Board of Directors.

Sentiment

Score: 7

Explanation: The acquisition of common stock equivalents by a director, as part of a deferred compensation plan, is a routine transaction. However, an increase in insider ownership can be viewed as a positive signal of confidence in the company's future.

Positives

• A Director increased their beneficial ownership in the company, which can signal confidence in the company's future performance and aligns management interests with shareholders.

Future Outlook

NA

Management Comments

• A portion of Reporting Person's retainer earned as a Director of Issuer is deferred into Issuer Common Stock equivalents under the Issuer's Deferred Compensation Plan for Directors.
• Reporting Person is credited with stock equivalents on a quarterly basis as soon as administratively practical following the quarter in which such retainer is earned.
• The value of these stock equivalents is distributed (on a one-for-one basis) in the form of Issuer Common Stock upon Reporting Person's retirement from the Board of Directors.

Industry Context

NA

Related Party Transactions

• The transaction involves a director deferring compensation into company stock equivalents, which is a common form of related-party compensation arrangement.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders through increased equity ownership.

Next Steps

• Distribution of Common Stock upon Reporting Person's retirement from the Board of Directors.

Key Dates

Recommendation

Keywords

BellRing Brands, BRBR, SEC Form 4, insider transaction, director compensation, stock equivalents, deferred compensation