Form 4: Director Jennifer Kuperman Johnson Acquires BellRing Brands Common Stock Equivalents

Jennifer Kuperman Johnson, a director of BellRing Brands, Inc., acquired common stock equivalents through the company's Deferred Compensation Plan for Directors.

Summary

• On April 1, 2025, Jennifer Kuperman Johnson, a director of BellRing Brands, Inc., acquired 414.082 common stock equivalents.
• These equivalents were obtained through the Issuer's Deferred Compensation Plan for Directors, where the director's retainer is deferred into Issuer Common Stock equivalents.
• The reporting person is credited with stock equivalents on a quarterly basis.
• The value of these stock equivalents is distributed (on a one-for-one basis) in the form of Issuer Common Stock upon the reporting person's retirement from the Board of Directors.
• Following the transaction, Johnson beneficially owns 15,070.185 common stock equivalents.
• The price of the stock equivalents was $74.46.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a routine transaction under a pre-existing compensation plan, indicating alignment between the director and the company's long-term interests.

Positives

• The director's participation in the Deferred Compensation Plan demonstrates alignment with the company's long-term performance.

Future Outlook

The director will continue to receive stock equivalents quarterly until retirement from the Board of Directors, at which point the equivalents will be converted to common stock.

Industry Context

Directors often participate in deferred compensation plans to align their interests with shareholders and promote long-term value creation. This is a common practice among publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans for directors are a common practice in publicly traded companies.
• The specific terms of the plan, such as the vesting schedule and payout structure, can vary significantly between companies.
• Comparing BellRing Brands' plan to those of its peers (e.g., Simply Good Foods, Hain Celestial) would provide a better understanding of its competitiveness.

Related Party Transactions

• The acquisition of common stock equivalents through the Deferred Compensation Plan constitutes a related party transaction.

Stakeholder Impact

• The transaction signals confidence from a director in the company's future performance, which can positively influence shareholder sentiment.

Key Dates

Keywords

BellRing Brands, Director, Common Stock Equivalents, Deferred Compensation Plan, BRBR, Form 4, Insider Transaction