Form 4: Director Elliot Stein Jr. Acquires Additional BellRing Brands Stock Equivalents Through Deferred Compensation Plan

Elliot Stein Jr., a director of BellRing Brands, Inc., acquired additional common stock equivalents through the company's Deferred Compensation Plan for Directors.

Summary

• On June 28, 2024, Elliot Stein Jr., a director of BellRing Brands, Inc., acquired 134.17 common stock equivalents.
• These stock equivalents were obtained through the Issuer's Deferred Compensation Plan for Directors, representing a portion of the director's retainer.
• The value of these stock equivalents will be distributed in the form of Issuer Common Stock upon the director's retirement from the Board of Directors.
• Following the transaction, Stein directly owns 1,094.961 shares of BellRing Brands, Inc. Common Stock.

Sentiment

Score: 7

Explanation: The document indicates a director's continued investment in the company through a standard compensation plan, which is generally viewed positively.

Positives

• The acquisition of stock equivalents demonstrates the director's continued investment in the company.
• The Deferred Compensation Plan aligns the director's interests with those of the shareholders.

Future Outlook

The stock equivalents will be distributed in the form of Issuer Common Stock upon Reporting Person's retirement from the Board of Directors.

Industry Context

Directors often receive compensation in the form of stock or stock equivalents to align their interests with those of shareholders. Deferred compensation plans are a common way to provide this compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with theirs.

Key Dates