{"schema_version":"secwatch.filing_event.v1","accession":"0000014693-25-000101","form_type":"8-K","ticker":"BF-A","cik":"0000014693","company_name":"BROWN FORMAN CORP","filed_at":"2025-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.469532+00:00","generated_at":"2026-05-17T01:05:48.723045+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Brown-Forman adopts executive change-in-control severance plan effective Oct 31, 2025","bullets":["CEO receives 3.0x severance multiple (base salary plus higher of target or earned bonus); other ELT members 2.0x.","Benefits include lump-sum cash, 18 months COBRA, full equity vesting (performance awards at target), and $10,000 tax prep.","Plan covers named executive officers and select key employees; effective immediately for qualifying terminations near a change in control.","Plan supersedes prior severance agreements during the protection period (30 days pre- to 24 months post-change)."],"urls":{"canonical":"https://secwatch.observer/filing/0000014693-25-000101","json":"https://secwatch.observer/filing/0000014693-25-000101.json","markdown":"https://secwatch.observer/filing/0000014693-25-000101.md","text":"https://secwatch.observer/filing/0000014693-25-000101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14693/000001469325000101/0000014693-25-000101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14693/000001469325000101/bfb-20251031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:05:48.723045+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}