Form 4: Director Stein Acquires BellRing Brands Common Stock Equivalents Through Deferred Compensation Plan
SEC Form 4
Director Elliot Stein Jr. acquired 116.391 common stock equivalents of BellRing Brands through the company's Deferred Compensation Plan for Directors on April 1, 2025.
Summary
- Elliot Stein Jr., a director of BellRing Brands, Inc., acquired 116.391 common stock equivalents on April 1, 2025.
- 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.
- The price of the common stock was $74.46.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The transaction reflects a standard compensation practice and aligns the director's interests with the company's performance.
Positives
- The acquisition of stock equivalents aligns the director's interests with those of the shareholders.
- The Deferred Compensation Plan for Directors is a common practice to attract and retain qualified board members.
Future Outlook
The common stock equivalents will be distributed as common stock upon the director's retirement from the Board of Directors.
Industry Context
Deferred compensation plans are a common practice for compensating board members, aligning their interests with the long-term performance of the company.
Comparison to Industry Standards
- Deferred compensation plans for directors are a fairly standard practice among publicly traded companies.
- Many companies use similar plans to attract and retain qualified board members, often involving stock or stock equivalents that vest over time or upon retirement.
- The specific terms of these plans, such as the vesting schedule and the form of payment, can vary widely depending on the company's size, industry, and compensation philosophy.
Related Party Transactions
- The acquisition of stock equivalents through the Deferred Compensation Plan is a related party transaction, as it involves compensation to a director of the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of Common Stock Equivalents |
| 04/02/2025 | Date of report filing |
Keywords
BellRing Brands, Director, Elliot Stein Jr., Common Stock Equivalents, Deferred Compensation Plan, BRBR, Acquisition, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.