Form 4: Director Jennifer Kuperman Johnson Acquires BellRing Brands Common Stock Equivalents Through Deferred Compensation Plan

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

Summary

• On January 2, 2025, Jennifer Kuperman Johnson, a director of BellRing Brands, Inc., acquired 342.881 common stock equivalents.
• These equivalents were obtained through the Issuer's Deferred Compensation Plan for Directors.
• The 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.
• The 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.
• Following the transaction, Johnson directly owns 14,656.102 shares of BellRing Brands common stock.
• The price of the common stock was $75.34.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of stock equivalents by a director can be seen as a positive sign, indicating confidence in the company's future performance.
• The Deferred Compensation Plan for Directors aligns the interests of directors with those of shareholders.

Future Outlook

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

Management Comments

• 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.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Comparison to Industry Standards

• Deferred compensation plans for directors are a common practice among publicly traded companies to align the interests of directors with those of shareholders.
• The specific terms of the plan, such as the vesting schedule and distribution method, can vary depending on the company's policies and industry practices.
• Similar plans are offered by companies such as Mondelez, Hershey, and Nestle.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the interests of a director with those of the company.

Key Dates