Form 4: Director Shawn Conway Acquires BellRing Brands Stock Equivalents Through Deferred Compensation Plan

Sentiment:

SEC Form 4 Filing


Shawn Conway, a director of BellRing Brands, acquired 353.943 common stock equivalents through the company's Deferred Compensation Plan for Directors on January 2, 2025.

Summary

  • On January 2, 2025, Shawn Conway, a director of BellRing Brands, Inc., acquired 353.943 common stock equivalents.
  • The acquisition was made through the Issuer's Deferred Compensation Plan for Directors.
  • These stock equivalents are earned as part of the director's retainer and are credited quarterly.
  • The value of these stock equivalents will be distributed in the form of Issuer Common Stock upon the director's retirement from the Board of Directors on a one-for-one basis.
  • Following the transaction, Conway directly owns 2,192.6 derivative securities.

Sentiment

Score: 6

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

Positives

  • The acquisition of stock equivalents demonstrates the director's continued investment in the company's future.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to director compensation and is common for publicly traded companies.

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
01/02/2025Date of transaction: Shawn Conway acquired BellRing Brands common stock equivalents.
01/03/2025Date of signature on the Form 4 filing.

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