Form 4: Director Shawn Conway Acquires BellRing Brands Common Stock Equivalents

Director Shawn Conway acquired 451.737 common stock equivalents of BellRing Brands through the company's Deferred Compensation Plan for Directors.

Summary

• On March 28, 2024, Shawn Conway, a director of BellRing Brands, Inc., acquired 451.737 common stock equivalents.
• The acquisition was made under the Issuer's Deferred Compensation Plan for Directors.
• The price of the common stock equivalents was $59.03.
• Following the transaction, Conway directly owns 932.813 common stock equivalents.
• These stock equivalents are earned as a director's retainer and are credited quarterly.
• The value of these stock equivalents is distributed in the form of Issuer Common Stock upon the director's retirement from the Board of Directors.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. It indicates alignment of interests between the director and shareholders.

Positives

• The acquisition of stock equivalents by a director signals confidence in the company's future.

Future Outlook

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

Industry Context

Director stock acquisitions are common and often viewed positively by investors as they align management's interests with those of shareholders.

Related Party Transactions

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

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it demonstrates the director's commitment to the company.

Key Dates