---
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"
generated_at: "2026-05-17T01:05:48.723045+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Brown-Forman adopts executive change-in-control severance plan effective Oct 31, 2025

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014693-25-000101
- JSON: https://secwatch.observer/filing/0000014693-25-000101.json
- Plain text: https://secwatch.observer/filing/0000014693-25-000101.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.