Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-07-23

Brown Forman (BF.B)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$25,304,882
Lawson Whiting total, FY2026
CEO pay percentile vs peers
439:1
CEO-to-median pay ratio
85.54%
Say-on-pay support, latest vote
Companies that benchmark against BF.B
9 companies name BF.B as a compensation peer

Each company listed discloses BF.B in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BF.B in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Lawson Whiting$1,314,365$2,712,763$10,772,703$2,366,434$2,493,150$5,381,227$264,240$25,304,882
President and Chief Executive Officer
Leanne Cunningham751,066829,1502,362,972616,6121,021,1503,275,74641,8588,898,554
Former Executive Vice President and Chief Financial Officer
Michael Carr651,0631,343,7501,585,673258,311701,675380,17060,0494,980,691
Executive Vice President, General Counsel and Secretary
Michael Masick583,352644,0001,531,430233,312603,470358,48158,8904,012,935
Executive Vice President, President, Americas
Yiannis Pafilis651,415644,0001,583,051257,113661,487023,0853,820,151
Executive Vice President, President, Europe, Africa, Asia Pacific
James Peters68,75079,063138,94966,001105,87402,687461,324
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
Lawson Whiting$25,304,882$13,449,544$13,194,160+11,855,338
Leanne Cunningham8,898,5544,348,7263,784,701+4,549,828
Michael Carr4,980,691
Michael Masick4,012,935
Yiannis Pafilis3,820,151
James Peters461,324

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Leanne CunninghamPSU2025-07-0318,57437,14837,14855,722$1,025,285
Yiannis PafilisPSU2025-07-0318,57437,14837,14855,7221,025,285
Michael CarrPSU2025-07-249,08118,16218,16227,243560,389
Michael MasickOPTION2025-07-2428,418233,312
Lawson WhitingOPTION2025-07-24288,2382,366,434
Michael CarrPSU2025-07-0318,57437,14837,14855,7221,025,285
Lawson WhitingPSU2025-07-03102,155204,310204,310306,4655,638,956
Michael MasickPSU2025-07-0318,57437,14837,14855,7221,025,285
Yiannis PafilisPSU2025-07-249,03918,07718,07727,116557,766
Michael MasickPSU2025-07-248,20216,40416,40424,606506,145
Lawson WhitingPSU2025-07-2483,192166,383166,383249,5755,133,747
Michael CarrOPTION2025-07-2431,463258,311
James PetersPSU2026-04-232,3904,7794,7797,169138,949
Yiannis PafilisOPTION2025-07-2431,317257,113
James PetersOPTION2026-04-238,99266,001
Leanne CunninghamPSU2025-07-2421,67743,35443,35465,0311,337,688
Leanne CunninghamOPTION2025-07-2475,105616,612
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Leanne Cunningham$0$2,362,973$616,61279.3%
Yiannis Pafilis01,583,051257,11386.0%
Michael Carr01,585,674258,31186.0%
Michael Masick01,531,430233,31286.8%
Lawson Whiting010,772,7032,366,43482.0%
James Peters0138,94966,00167.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael MasickRSU611$15,745
Michael CarrRSU61115,745
Yiannis PafilisSAR81348.11
Lawson WhitingPSU109,5052,821,944
James PetersSAR8,99228.4
Michael MasickSAR1,67769.87
Leanne CunninghamSAR75,10531.15
Yiannis PafilisPSU18,077465,844
Leanne CunninghamSAR47,79945.07
Leanne CunninghamRSU8,208215,706
James PetersPSU4,779123,155
Yiannis PafilisRSU48512,498
Michael CarrPSU18,162468,035
Michael MasickPSU5,293136,401
Michael CarrPSU37,148957,304
Yiannis PafilisPSU37,148957,304
Leanne CunninghamPSU37,148957,304
Michael MasickPSU37,148957,304
Michael CarrPSU6,170159,001
Michael CarrSAR1,67769.87
Lawson WhitingPSU204,3105,265,069
Lawson WhitingPSU166,3834,287,690
Leanne CunninghamPSU43,3541,117,233
Lawson WhitingRSU36,389956,303
Leanne CunninghamPSU28,533735,295
Michael MasickPSU16,404422,731
Yiannis PafilisPSU4,581118,052
Yiannis PafilisRSU2727,148
Lawson WhitingSAR101,90669.87
Lawson WhitingSAR183,44545.07
Lawson WhitingSAR288,23831.15
Michael CarrSAR10,33545.07
Michael CarrSAR31,46331.15
Michael MasickSAR8,86545.07
Michael MasickSAR28,41831.15
Yiannis PafilisSAR1,33269.87
Yiannis PafilisSAR7,67345.07
Yiannis PafilisSAR31,31731.15
Leanne CunninghamSAR22,98769.87
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation program should tie to the Company metrics important to its success. The Committee believes the most relevant measures of our short-term and long-term performance are: Strong, sustained growth in organic net sales and adjusted organic operating income; Our three-year total shareholder return (TSR) and adjusted operating income relative to our peers; Stock appreciation; and Individual performance objectives focused on strategic initiatives for growth.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)
Independent consultantCompensation Advisory Partners
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-07-23134,285,64522,694,767323,76685.54%Passed
20232023-07-27157,204,663309,745449,45199.8%Passed
20202020-07-30146,649,069415,9572,968,24799.72%Passed
20172017-07-27154,926,4631,089,762354,67099.3%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-07-2385.54%a
20232023-07-2799.8%b
20202020-07-3099.72%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)439 : 1
CEO total compensation$25,304,882
Median employee compensation$57,651
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Marshall B. FarrerEmployee director · Board Chair · Lead Independent Director · Executive (Chair) · Corporate Governance and Nominating$453,602$155,000$3,442,376$4,050,978
Michael A. TodmanIndependent · Audit · Compensation · Nominating/Governance320,000155,00023,084498,084
Michael J. RoneyIndependent · Audit · Compensation · Nominating/Governance290,000155,00013,444458,444
Elizabeth A. SmithIndependent · Audit · Compensation · Nominating/Governance175,000235,0000410,000
Jan E. SingerIndependent · Audit · Compensation · Nominating/Governance170,000155,0002,000327,000
Tracy L. SkeansIndependent · Audit · Compensation · Nominating/Governance170,000155,0001,359326,359
Campbell P. BrownIndependent · Audit · Compensation · Nominating/Governance141,264155,0001,813298,077
Mark A. ClouseIndependent · Compensation55,000235,0000290,000
Elizabeth M. BrownIndependent · Audit · Compensation · Nominating/Governance0235,00010,450245,450
W. Austin Musselman JrIndependent · Audit · Compensation · Nominating/Governance235,00001,170236,170
09

Board fee structure and ownership guideline

Annual cash retainer$235,000
Annual equity retainer$80,000
Per board meeting fee$5,000
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 20,000
Stock ownership guideline5x annual retainer ($1,175,000)
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$2,009,866
Equity awards (grant-date value)$1,635,000
All other compensation$3,495,696
Total cost of the board$7,140,562

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Brown Forman names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Brown Forman.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Brown Forman2026Lawson Whiting$1,314,365$10,772,703$2,366,434$2,493,150$25,304,882
2Monster Beverage Corporation2025Hilton Schlosberg1,250,00010,687,4603,493,3513,750,00019,282,630
3The Hershey Company2025Kirk Tanner456,73114,674,11301,358,05216,806,399
4Post Holdings, Inc.2025Robert Vitale1,281,25014,811,2950016,621,445
5Constellation Brands, Inc.2026William Newlands1,449,03810,767,74901,564,38214,209,126
6Conagra Brands, Inc.2026Sean Connolly1,415,0008,958,37202,827,17013,680,675
7The Clorox Company2025Linda Rendle1,307,6929,754,75301,696,00013,333,032
8Molson Coors Beverage Company2025Gavin Hattersley1,337,6717,027,8032,249,802126,49311,137,547
9Energizer Holdings, Inc.2025Mark LaVigne1,045,5008,605,08401,145,66510,972,516
10The J.M. Smucker Company2026Mark Smucker1,221,1546,274,43802,143,12610,935,216
11McCormick & Co Inc.2025Brendan Foley1,139,0848,600,1050720,13010,831,581
12Church & Dwight Co., Inc.2025Richard Dierker986,5801,770,9735,313,1001,472,6569,799,678
13Edgewell Personal Care Company2025Rod Little1,100,0007,576,1000907,5009,754,366
14Harley-Davidson, Inc.2025Artie Starrs304,0006,125,0198,591,990
15Keurig Dr Pepper Inc.2025Timothy Cofer1,331,9235,125,51401,719,2348,217,032
16YETI Holdings, Inc.2025Matthew Reintjes1,057,3085,500,18701,126,0337,697,528
17The Hain Celestial Group, Inc.2025Wendy Davidson789,8083,530,682004,546,417
18The Boston Beer Company, Inc.2025C. James Koch00005,695
Diageo plcnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Brown Formannot disclosedPSU 67 · Options 33Yes — Three-year TSRCompensation Advisory Partners
Church & Dwight Co., Inc.125%Options 75 · PSU 15 · RSU 10NoSemler Brossy Consulting Group
Conagra Brands, Inc.111%Performance Shares 60 · RSU 40not disclosedFW Cook
Constellation Brands, Inc.54%PSU 50 · RSU 50Yes — Relative TSRFW Cook
Diageo plcnot disclosednot disclosednot disclosednot disclosed
Edgewell Personal Care Company66%not disclosedNoMeridian
Energizer Holdings, Inc.87.67%PSU 70 · RSU 30NoFarient
Harley-Davidson, Inc.7.5%PSU 50 · RSU 50NoSemler Brossy Consulting Group
Keurig Dr Pepper Inc.86%RSU 75 · PSU 25NoFW Cook
McCormick & Co Inc.40.4%PSU 50 · RSU 50Yes — McCormick's TSR relative to the TSR generated by our Peer Group companiesWTW (Willis Towers Watson)
Molson Coors Beverage Company6%PSU 50 · RSU 25 · Options 25Yes — Relative TSRCompensation Consultant (independent, unnamed firm referenced generically in text)
Monster Beverage Corporation188%PSU 50 · RSU 25 · Options 25NoFrederic W. Cook & Co., Inc. (FW Cook)
Post Holdings, Inc.124.4%PRSU 50 · RSU 50Yes — Relative Total Shareholder Return (TSR)Aon
The Boston Beer Company, Inc.not disclosedRSU 50 · PSU 50NoFrederic W. Cook & Co., Inc.
The Clorox Company80%PSU 60 · RSU 40NoFW Cook
The Hain Celestial Group, Inc.not disclosedRSU 50 · PSU 50Yes — Relative TSR versus the S&P Food & Beverage Select Industry IndexClearBridge Compensation Group, LLC
The Hershey Company165.19%PSU 65 · RSU 35NoFrederic W. Cook & Co., Inc.
The J.M. Smucker Company117%PSU 60 · RSU 40NoSemler Brossy
YETI Holdings, Inc.71.0%PBRSU 75 · RSU 25Yes — Relative Total Stockholder Return (TSR)FW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Lawson WhitingDEF 14A2026-06-180001193125-26-275853Section “Compensation Tables”. As printed: 25,304,882. Filing ↗machine: t132 · r4 · c35 · span 757502–757512
2Section 01, Leanne CunninghamDEF 14A2026-06-180001193125-26-275853Section “FISCAL 2026 SUMMARY COMPENSATION TABLE”. As printed: 8,898,554. Filing ↗machine: r16 · c35 · span 791194–791203
3Section 01, Michael CarrDEF 14A2026-06-180001193125-26-275853Section “FISCAL 2026 SUMMARY COMPENSATION TABLE”. As printed: 4,980,691. Filing ↗machine: r10 · c35 · span 776057–776066
4Section 01, Michael MasickDEF 14A2026-06-180001193125-26-275853Section “FISCAL 2026 SUMMARY COMPENSATION TABLE”. As printed: 4,012,935. Filing ↗machine: r12 · c35 · span 781048–781057
5Section 01, Yiannis PafilisDEF 14A2026-06-180001193125-26-275853Section “FISCAL 2026 SUMMARY COMPENSATION TABLE”. As printed: 3,820,151. Filing ↗machine: r14 · c35 · span 786061–786070
6Section 01, James PetersDEF 14A2026-06-180001193125-26-275853Section “FISCAL 2026 SUMMARY COMPENSATION TABLE”. As printed: 461,324. Filing ↗machine: r8 · c35 · span 771053–771060
7Section 03, Leanne Cunningham PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t110 · r14 · c3 · span 650791–650797
8Section 03, Yiannis Pafilis PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t110 · r12 · c3 · span 649367–649373
9Section 03, Michael Carr PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
10Section 03, Michael Masick OPTIONDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t116 · r10 · c3 · span 664446–664452
11Section 03, Lawson Whiting OPTIONDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t116 · r4 · c3 · span 660298–660305
12Section 03, Michael Carr PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 03, Lawson Whiting PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t110 · r4 · c3 · span 643795–643802
14Section 03, Michael Masick PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t110 · r10 · c3 · span 647948–647954
15Section 03, Yiannis Pafilis PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t104 · r12 · c3 · span 624833–624839
16Section 03, Michael Masick PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t104 · r10 · c3 · span 623416–623422
17Section 03, Lawson Whiting PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t104 · r4 · c3 · span 619267–619274
18Section 03, Michael Carr OPTIONDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t132 · r10 · c19 · span 774254–774261
19Section 03, James Peters PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t104 · r6 · c3 · span 620688–620693
20Section 03, Yiannis Pafilis OPTIONDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t116 · r12 · c3 · span 665863–665869
21Section 03, James Peters OPTIONDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t116 · r6 · c3 · span 661719–661724
22Section 03, Leanne Cunningham PSUDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t104 · r14 · c3 · span 626199–626205
23Section 03, Leanne Cunningham OPTIONDEF 14A2026-06-180001193125-26-275853Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t116 · r14 · c3 · span 667229–667235
24Section 07, pay ratioDEF 14A2026-06-180001193125-26-275853Section “CEO Pay Ratio”. As printed: 439 : 1. Filing ↗
25Section 08, Marshall B. FarrerDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 4,050,978. Filing ↗machine: t44 · r10 · c15 · span 412787–412796
26Section 08, Michael A. TodmanDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 498,084. Filing ↗machine: t44 · r22 · c15 · span 427890–427897
27Section 08, Michael J. RoneyDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 458,444. Filing ↗machine: t44 · r14 · c15 · span 417828–417835
28Section 08, Elizabeth A. SmithDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 410,000. Filing ↗machine: t44 · r20 · c15 · span 425373–425380
29Section 08, Jan E. SingerDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 327,000. Filing ↗machine: t44 · r16 · c15 · span 420340–420347
30Section 08, Tracy L. SkeansDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 326,359. Filing ↗machine: t44 · r18 · c15 · span 422854–422861
31Section 08, Campbell P. BrownDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 298,077. Filing ↗machine: t44 · r4 · c15 · span 405178–405186
32Section 08, Mark A. ClouseDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 290,000. Filing ↗machine: t44 · r8 · c15 · span 410210–410217
33Section 08, Elizabeth M. BrownDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 245,450. Filing ↗machine: t44 · r6 · c15 · span 407696–407703
34Section 08, W. Austin Musselman JrDEF 14A2026-06-180001193125-26-275853Section “Director Compensation”. As printed: 236,170. Filing ↗machine: t44 · r12 · c15 · span 415312–415319
35Section 06, 2026 voteForm 8-K2026-07-230000014693-26-000035Item 5.07 · say-on-pay result. As reported: 85.54% (votes for as printed: 134,285,645). Filing ↗
36Section 06, 2023 voteForm 8-K2023-07-270000014693-23-000098Item 5.07 · say-on-pay result. As reported: 99.8% (votes for as printed: 157,204,663). Filing ↗
37Section 06, 2020 voteForm 8-K2020-08-030000014693-20-000093Item 5.07 · say-on-pay result. As reported: 99.72% (votes for as printed: 146,649,069). Filing ↗
38Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
39Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
40Section 09b board cost (computed)ComputedcomputedCash 2,009,866 + equity 1,635,000 + all other 3,495,696 = 7,140,562, summed across the director compensation table rows.machine: formula: Σ = 7,140,562
41Brown Forman (subject), Section 10b CEO totalDEF 14A2026-06-180001193125-26-275853CEO total compensation as printed in Brown Forman's own proxy. As printed: 25,304,882. Filing ↗machine: t132 · r4 · c35 · span 757502–757512
42Monster Beverage Corporation, Section 10b CEO totalDEF 14A2026-03-270001104659-26-035990CEO total compensation as printed in Monster Beverage Corporation's own proxy. As printed: 19,282,630. Filing ↗machine: span 327775–327785
43The Hershey Company, Section 10b CEO totalDEF 14A2026-03-250001628280-26-021065CEO total compensation as printed in The Hershey Company's own proxy. As printed: 16,806,399. Filing ↗machine: t70 · r3 · c16 · span 1119047–1119057
44Post Holdings, Inc., Section 10b CEO totalDEF 14A2025-12-150001530950-25-000284CEO total compensation as printed in Post Holdings, Inc.'s own proxy. As printed: 16,621,445. Filing ↗machine: r2 · c54 · span 657892–657902
45Constellation Brands, Inc., Section 10b CEO totalDEF 14A2026-06-080000016918-26-000023CEO total compensation as printed in Constellation Brands, Inc.'s own proxy. As printed: 14,209,126. Filing ↗machine: r2 · c24 · span 851966–851977
46Conagra Brands, Inc., Section 10b CEO totalDEF 14ACEO total compensation as printed in Conagra Brands, Inc.'s own proxy. As printed: 13,680,675.
47The Clorox Company, Section 10b CEO totalDEF 14A2025-10-070001552781-25-000311CEO total compensation as printed in The Clorox Company's own proxy. As printed: 13,333,032. Filing ↗machine: r1 · c9 · span 683061–683071
48Molson Coors Beverage Company, Section 10b CEO totalDEF 14A2026-03-250001104659-26-034154CEO total compensation as printed in Molson Coors Beverage Company's own proxy. As printed: 11,137,547. Filing ↗machine: t247 · r12 · c18 · span 1742742–1742752
49Energizer Holdings, Inc., Section 10b CEO totalDEF 14A2025-12-120001632790-25-000120CEO total compensation as printed in Energizer Holdings, Inc.'s own proxy. As printed: 10,972,516. Filing ↗machine: span 836550–836560
50The J.M. Smucker Company, Section 10b CEO totalDEF 14A2026-06-260001193125-26-283858CEO total compensation as printed in The J.M. Smucker Company's own proxy. As printed: 10,935,216. Filing ↗machine: t332 · r5 · c44 · span 1104985–1104995
51McCormick & Co Inc., Section 10b CEO totalDEF 14A2026-02-180000063754-26-000140CEO total compensation as printed in McCormick & Co Inc.'s own proxy. As printed: 10,831,581. Filing ↗machine: r2 · c24 · span 970218–970228
52Church & Dwight Co., Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115994CEO total compensation as printed in Church & Dwight Co., Inc.'s own proxy. As printed: 9,799,678. Filing ↗machine: r2 · c38 · span 2534673–2534682
53Edgewell Personal Care Company, Section 10b CEO totalDEF 14A2025-12-220001104659-25-123567CEO total compensation as printed in Edgewell Personal Care Company's own proxy. As printed: 9,754,366. Filing ↗machine: t89 · r1 · c51 · span 1153139–1153148
54Harley-Davidson, Inc., Section 10b CEO totalDEF 14A2026-04-090000793952-26-000022CEO total compensation as printed in Harley-Davidson, Inc.'s own proxy. As printed: 8,591,990. Filing ↗machine: span 1394083–1394092
55Keurig Dr Pepper Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177266CEO total compensation as printed in Keurig Dr Pepper Inc.'s own proxy. As printed: 8,217,032. Filing ↗machine: r4 · c27 · span 672692–672701
56YETI Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-260001140361-26-011375CEO total compensation as printed in YETI Holdings, Inc.'s own proxy. As printed: 7,697,528. Filing ↗machine: r2 · c22 · span 1046975–1046984
57The Hain Celestial Group, Inc., Section 10b CEO totalDEF 14A2025-09-180001193125-25-207370CEO total compensation as printed in The Hain Celestial Group, Inc.'s own proxy. As printed: 4,546,417. Filing ↗machine: t83 · r14 · c38 · span 1813238–1813247
58The Boston Beer Company, Inc., Section 10b CEO totalDEF 14A2026-04-100001308179-26-000249CEO total compensation as printed in The Boston Beer Company, Inc.'s own proxy. As printed: 5,695. Filing ↗machine: r1 · c23 · span 463828–463833
59Section 10a, Monster Beverage Corporation reciprocityDEF 14A0001104659-26-035990Monster Beverage Corporation names Brown Forman in its own disclosed peer group (read from its most recent proxy). Filing ↗
60Section 10a, The Boston Beer Company, Inc. reciprocityDEF 14A0001308179-26-000249The Boston Beer Company, Inc. names Brown Forman in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, Constellation Brands, Inc. reciprocityDEF 14A0000016918-26-000023Constellation Brands, Inc. names Brown Forman in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, Edgewell Personal Care Company reciprocityDEF 14A0001104659-25-123567Edgewell Personal Care Company's most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
63Section 10a, Keurig Dr Pepper Inc. reciprocityDEF 14A0001193125-26-177266Keurig Dr Pepper Inc. names Brown Forman in its own disclosed peer group (read from its most recent proxy). Filing ↗
64Section 10a, Harley-Davidson, Inc. reciprocityDEF 14A0000793952-26-000022Harley-Davidson, Inc. names Brown Forman in its own disclosed peer group (read from its most recent proxy). Filing ↗
65Section 10a, Conagra Brands, Inc. reciprocityDEF 14A0000023217-26-000037Conagra Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
66Section 10a, Post Holdings, Inc. reciprocityDEF 14A0001530950-25-000284Post Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
67Section 10a, Energizer Holdings, Inc. reciprocityDEF 14A0001632790-25-000120Energizer Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
68Section 10a, The Hain Celestial Group, Inc. reciprocityDEF 14A0001193125-25-207370The Hain Celestial Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
69Section 10a, The J.M. Smucker Company reciprocityDEF 14A0001193125-26-283858The J.M. Smucker Company's most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
70Section 10a, The Hershey Company reciprocityDEF 14A0001628280-26-021065The Hershey Company's most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
71Section 10a, YETI Holdings, Inc. reciprocityDEF 14A0001140361-26-011375YETI Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗
72Section 10a, Molson Coors Beverage Company reciprocityDEF 14A0001104659-26-034154Molson Coors Beverage Company names Brown Forman in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, McCormick & Co Inc. reciprocityDEF 14A0000063754-26-000140McCormick & Co Inc.'s most recent proxy was read; its disclosed peer group does not include Brown Forman. Filing ↗