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

Jennifer Kuperman Johnson, a director at BellRing Brands, acquired stock equivalents through the company's deferred compensation plan.

Summary

• On October 1, 2024, Jennifer Kuperman Johnson, a director of BellRing Brands, Inc., acquired 425.44 common stock equivalents.
• These stock 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 14,313.221 common stock equivalents.
• The price of the common stock equivalents was $60.72.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transaction reflects a director's continued investment in the company, which is generally a good sign. However, it's a routine transaction related to a deferred compensation plan.

Positives

• The director's participation in the deferred compensation plan demonstrates alignment with the company's long-term success.

Future Outlook

The stock equivalents will be distributed as common stock upon the director's retirement from the Board.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock-based compensation as part of their overall remuneration.

Comparison to Industry Standards

• Deferred compensation plans for directors are a common practice among publicly traded companies.
• The specifics of these plans, such as the vesting schedule and the form of distribution, can vary widely.
• Comparing BellRing Brands' plan to those of similar-sized companies in the consumer packaged goods sector would provide a benchmark for its competitiveness.

Related Party Transactions

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

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It signals the director's continued alignment with the company's performance, which could be viewed positively by shareholders.

Key Dates