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

Director Shawn Conway acquired 439.164 BellRing Brands, Inc. common stock equivalents through the company's Deferred Compensation Plan for Directors on October 1, 2024.

Summary

• On October 1, 2024, Shawn Conway, a director of BellRing Brands, Inc., acquired 439.164 common stock equivalents.
• The acquisition was made through the Issuer's Deferred Compensation Plan for Directors.
• The stock equivalents were credited as part of Conway's retainer earned as a director.
• The price of the transaction was $60.72.
• Following the transaction, Conway directly owns 1,838.657 common stock equivalents.
• These stock equivalents will be distributed as common stock upon Conway's retirement from the Board of Directors.

Sentiment

Score: 7

Explanation: The document indicates a routine transaction related to director compensation, suggesting a neutral to slightly positive sentiment as it aligns director interests with shareholders.

Positives

• The acquisition of stock equivalents by a director demonstrates alignment with the company's long-term success.

Future Outlook

The common stock equivalents will be distributed (on a one-for-one basis) in the form of Issuer Common Stock upon Reporting Person's retirement from the Board of Directors.

Industry Context

Directors receiving stock as part of their compensation is a common practice to align their interests with those of shareholders.

Related Party Transactions

• The acquisition of stock equivalents by Shawn Conway, a director, through the company's Deferred Compensation Plan for Directors constitutes a related party transaction.

Stakeholder Impact

• The acquisition of stock equivalents by a director aligns the director's interests with those of the shareholders.

Key Dates