Form 4: Director Jennifer Kuperman Johnson Increases Holdings in BellRing Brands Through Deferred Compensation Plan

Sentiment:

SEC Form 4


Jennifer Kuperman Johnson, a director at BellRing Brands, Inc., increased her holdings through the company's Deferred Compensation Plan for Directors.

Summary

  • On March 28, 2024, Jennifer Kuperman Johnson, a director of BellRing Brands, Inc., acquired 437.62 common stock equivalents through the company's Deferred Compensation Plan for Directors.
  • These stock equivalents are earned as part of her director retainer and are credited quarterly.
  • The value of these stock equivalents will be distributed in the form of BellRing Brands common stock upon her retirement from the Board of Directors on a one-for-one basis.
  • Following the transaction, Johnson beneficially owns 13,435.686 common stock equivalents.
  • The price of the common stock equivalent was $59.03.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. There are no explicit positive or negative implications.

Positives

  • The director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.

Future Outlook

The reporting person will receive common stock upon retirement from the board of directors.

Industry Context

Deferred compensation plans are a common way for companies to compensate directors and align their interests with those of shareholders.

Related Party Transactions

  • The transaction involves a director and the company, making it a related party transaction.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

DateDescription
03/28/2024Date of transaction: acquisition of common stock equivalents
04/01/2024Date of signature on the Form 4 filing

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