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Brown-Forman Corporation (BF-B)

USD26.25 +0.08 (+0.31%)
US NYSE S&P 500 Consumer Defensive Beverages - Wineries & Distilleries
Address 850 Dixie Highway 40210
Louisville, KY, US
CEO Lawson E. Whiting
IPO 1980-03-17
CIK 14693 ISIN US1156372096

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Also trades on London Stock Exchange · 0HQ3.L (USD) New York Stock Exchange · BF-A (USD) New York Stock Exchange · BF-B (USD)
Description

Brown-Forman Corporation, along with its subsidiaries, operates globally within the alcoholic beverage industry. The company is actively involved in the production, distillation, bottling, international trade (importing and exporting), marketing, and sale of a diverse portfolio of alcoholic products. Its extensive offerings encompass a wide variety of spirits, wines, and whiskey products, including specialty whiskey spirits and flavored whiskey liqueurs. The range also features convenient ready-to-drink and ready-to-pour options, pre-mixed cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and other liqueurs. These beverages are primarily marketed under prominent brands such as Jack Daniel's, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin. Beyond beverage sales, Brown-Forman also engages in the sale of used barrels, bulk whiskey, and wine, in addition to offering contract bottling services. The company's distribution model involves reaching retail customers and end consumers through independent distributors or state governments, while directly supplying retailers, wholesalers, and provincial governments. With a history dating back to its founding in 1870, Brown-Forman Corporation is headquartered in Louisville, Kentucky, and conducts substantial operations across the United States, Germany, Australia, the United Kingdom, Mexico, and numerous other international markets.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Date Filing
CLASS B 2003-04-21 View

Index membership

IndexAddedRemovedStatus
S&P 500 1982-10-14 Active
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD26.25 +0.08 (+0.31%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.34
Float Shares
453.17M
Free Float %
96.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.73% +2.33% -4.47% +3.54% -13.96% +0.36% -5.44% -59.62% -67.29% -32.83% +10,493.36%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (36 ratings, all time) Hold
Price Targets & DCF
Current price
26.25
DCF (Unlevered) 40.77 +55.3%
DCF (Levered) 45.24 +72.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 18% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 1 0
Hold 11 -1
Sell 0 0
Strong Sell 3 0
Quality scores
Altman Z-Score
3.27
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Wineries & Distilleries: -2.7%
    -1.2% Q2'26: +2.0% (vs Q2'25)
  • EPS growth Beverages - Wineries & Distilleries: -4.2%
    -16.9% Q2'26: -61.3% (vs Q2'25)
  • FCF margin FCF growth · Beverages - Wineries & Distilleries: +19.1%
    +21.6% Q2'26: +29.1% (vs Q2'25)
  • EBIT margin Beverages - Wineries & Distilleries: +16.0%
    +28.2% Q2'26: +23.7% (vs Q2'25)
  • ROIC Beverages - Wineries & Distilleries: +6.4%
    +15.3% Q2'26: +11.2% (vs Q2'25)
  • Share dilution Beverages - Wineries & Distilleries: +0.0%
    -1.3% Q2'26: -2.9% (vs Q2'25)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Wineries & Distilleries: -0.29×
    1.94× Q2'26: 2.49× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.35) × ERP
WACC = 85% × Ke + 15% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 40.77 Current price: 26.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Apr 1997
actual
Apr 1998
actual
Apr 1999
actual
Apr 2000
actual
Apr 2003
actual
Apr 2004
actual
Apr 2005
actual
Apr 2006
actual
Apr 2007
actual
Apr 2008
actual
Apr 2009
actual
Apr 2010
actual
Apr 2011
actual
Apr 2012
actual
Apr 2013
actual
Apr 2014
actual
Apr 2015
actual
Apr 2016
actual
Apr 2017
actual
Apr 2018
actual
Apr 2019
actual
Apr 2020
actual
Apr 2021
actual
Apr 2022
actual
Apr 2023
actual
Apr 2024
actual
Apr 2025
actual
Apr 2026
17 Rev. Ana.
17 EPS Ana.
Apr 2027
17 Rev. Ana.
15 EPS Ana.
Apr 2028
15 Rev. Ana.
15 EPS Ana.
Apr 2029
7 Rev. Ana.
6 EPS Ana.
Apr 2030
7 Rev. Ana.
6 EPS Ana.
Revenue
1.58B
est: 1.50B (+5.7%)
1.67B
est: 1.62B (+3.2%)
1.78B
est: 1.71B (+3.9%)
1.88B
est: 1.83B (+2.4%)
2.06B
est: 1.95B (+5.4%)
2.21B
est: 2.06B (+7.3%)
2.31B
est: 2.14B (+7.8%)
1.98B
est: 2.11B (-6.4%)
2.22B
est: 1.94B (+14.5%)
2.58B
est: 2.51B (+2.8%)
2.48B
est: 2.80B (-11.4%)
2.47B
est: 2.12B (+16.7%)
2.59B
est: 2.67B (-3.0%)
2.72B
est: 2.57B (+6.1%)
2.85B
est: 2.72B (+4.6%)
2.99B
est: 2.94B (+1.9%)
3.13B
est: 4.08B (-23.2%)
3.09B
est: 3.06B (+1.0%)
2.99B
est: 3.05B (-1.7%)
3.25B
est: 3.26B (-0.5%)
3.32B
est: 3.35B (-0.7%)
3.36B
est: 3.33B (+1.0%)
3.46B
est: 3.42B (+1.3%)
3.93B
est: 3.77B (+4.2%)
4.23B
est: 4.18B (+1.2%)
4.18B
est: 4.25B (-1.6%)
3.98B
est: 4.05B (-1.8%)
3.89B
3.85B – 3.92B
-3.7% YoY
3.94B
3.86B – 3.99B
+1.2% YoY
4.04B
3.92B – 4.20B
+2.6% YoY
4.22B
4.11B – 4.33B
+4.4% YoY
4.38B
4.26B – 4.49B
+3.7% YoY
EBITDA
337.00M
est: 294.70M (+14.4%)
358.00M
est: 336.50M (+6.4%)
377.00M
est: 359.70M (+4.8%)
410.00M
est: 386.20M (+6.2%)
427.00M
est: 396.96M (+7.6%)
423.00M
est: 417.72M (+1.3%)
488.00M
est: 465.06M (+4.9%)
605.00M
est: 477.95M (+26.6%)
646.00M
est: 586.86M (+10.1%)
745.00M
est: 788.99M (-5.6%)
722.00M
est: 882.48M (-18.2%)
772.00M
est: 665.11M (+16.1%)
914.00M
est: 759.38M (+20.4%)
840.00M
est: 870.54M (-3.5%)
952.00M
est: 876.86M (+8.6%)
1.02B
est: 996.75M (+2.6%)
1.08B
est: 998.41M (+8.2%)
1.59B
est: 1.08B (+47.3%)
1.05B
est: 1.44B (-27.1%)
1.11B
est: 1.04B (+6.2%)
1.20B
est: 1.11B (+8.1%)
1.17B
est: 1.12B (+4.0%)
1.24B
est: 1.20B (+3.5%)
1.28B
est: 1.25B (+2.4%)
1.19B
est: 1.21B (-1.5%)
1.51B
est: 1.40B (+7.9%)
1.29B
est: 1.27B (+1.3%)
1.23B
1.21B – 1.23B
-3.7% YoY
1.24B
1.21B – 1.26B
+1.2% YoY
1.27B
1.23B – 1.32B
+2.6% YoY
1.33B
1.29B – 1.36B
+4.4% YoY
1.38B
1.34B – 1.41B
+3.7% YoY
EBIT
287.00M
est: 264.04M (+8.7%)
307.00M
est: 298.30M (+2.9%)
322.00M
est: 314.30M (+2.4%)
348.00M
est: 333.00M (+4.5%)
372.00M
est: 345.97M (+7.5%)
381.00M
est: 377.62M (+0.9%)
445.00M
est: 428.52M (+3.8%)
563.00M
est: 384.28M (+46.5%)
602.00M
est: 551.82M (+9.1%)
693.00M
est: 624.89M (+10.9%)
667.00M
est: 677.21M (-1.5%)
713.00M
est: 629.35M (+13.3%)
858.00M
est: 697.26M (+23.1%)
791.00M
est: 818.06M (-3.3%)
901.00M
est: 827.59M (+8.9%)
973.00M
est: 940.97M (+3.4%)
1.03B
est: 948.77M (+8.5%)
1.54B
est: 1.03B (+49.5%)
992.00M
est: 1.38B (-28.3%)
1.05B
est: 983.64M (+6.2%)
1.13B
est: 1.04B (+8.7%)
1.09B
est: 1.07B (+2.4%)
1.16B
est: 1.13B (+3.2%)
1.20B
est: 1.17B (+2.5%)
1.11B
est: 1.14B (-3.3%)
1.43B
est: 1.31B (+8.5%)
1.20B
est: 1.21B (-0.4%)
1.16B
1.15B – 1.17B
-3.7% YoY
1.18B
1.15B – 1.19B
+1.2% YoY
1.21B
1.17B – 1.25B
+2.6% YoY
1.26B
1.23B – 1.29B
+4.4% YoY
1.31B
1.27B – 1.34B
+3.7% YoY
Net Income
169.00M
est: 154.70M (+9.2%)
185.00M
est: 176.60M (+4.8%)
202.00M
est: 194.20M (+4.0%)
218.00M
est: 208.80M (+4.4%)
245.00M
est: 224.47M (+9.1%)
258.00M
est: 240.20M (+7.4%)
308.00M
est: 274.38M (+12.3%)
320.00M
est: 264.84M (+20.8%)
389.00M
est: 387.09M (+0.5%)
440.00M
est: 544.62M (-19.2%)
435.00M
est: 629.10M (-30.9%)
449.20M
est: 417.38M (+7.6%)
571.60M
est: 444.04M (+28.7%)
513.20M
est: 539.93M (-5.0%)
591.00M
est: 549.69M (+7.5%)
659.00M
est: 618.69M (+6.5%)
684.00M
est: 654.90M (+4.4%)
1.07B
est: 678.46M (+57.3%)
669.00M
est: 963.00M (-30.5%)
717.00M
est: 679.70M (+5.5%)
835.00M
est: 743.01M (+12.4%)
827.00M
est: 791.67M (+4.5%)
903.00M
est: 851.78M (+6.0%)
838.00M
est: 802.95M (+4.4%)
783.00M
est: 850.26M (-7.9%)
1.02B
est: 923.34M (+10.9%)
869.00M
est: 847.33M (+2.6%)
817.05M
790.60M – 838.12M
-3.6% YoY
790.62M
754.92M – 814.54M
-3.2% YoY
799.20M
735.57M – 883.68M
+1.1% YoY
894.24M
864.22M – 925.26M
+11.9% YoY
821.86M
794.27M – 850.37M
-8.1% YoY
SGA
617.00M
est: 589.06M (+4.7%)
672.00M
est: 633.70M (+6.0%)
723.00M
est: 698.90M (+3.4%)
755.00M
est: 736.70M (+2.5%)
812.00M
est: 770.35M (+5.4%)
650.00M
est: 818.21M (-20.6%)
713.00M
est: 842.84M (-15.4%)
792.00M
est: 797.04M (-0.6%)
898.00M
est: 793.90M (+13.1%)
1.01B
est: 938.72M (+7.3%)
931.00M
est: 991.82M (-6.1%)
889.00M
est: 748.18M (+18.8%)
940.00M
est: 918.44M (+2.3%)
1.01B
est: 918.79M (+9.4%)
1.06B
est: 1.02B (+3.5%)
1.12B
est: 1.09B (+2.7%)
1.13B
est: 1.13B (+0.3%)
1.11B
est: 1.11B (0.0%)
1.03B
est: 1.02B (+0.7%)
1.17B
est: 982.95M (+19.0%)
1.04B
est: 1.17B (-11.2%)
1.03B
est: 961.88M (+6.6%)
1.07B
est: 924.66M (+15.7%)
1.13B
est: 1.15B (-2.0%)
1.25B
est: 853.56M (+46.2%)
1.36B
est: 1.29B (+4.6%)
1.23B
est: 1.24B (-1.4%)
1.20B
1.18B – 1.21B
-3.7% YoY
1.21B
1.19B – 1.23B
+1.2% YoY
1.24B
1.21B – 1.29B
+2.6% YoY
1.30B
1.27B – 1.33B
+4.4% YoY
1.35B
1.31B – 1.38B
+3.7% YoY
EPS
0.26
est: 0.24 (+8.3%)
0.28
est: 0.26 (+7.7%)
0.31
est: 0.30 (+3.3%)
0.34
est: 0.32 (+6.3%)
0.35
est: 0.37 (-5.4%)
0.43
est: 0.41 (+4.9%)
0.54
est: 0.45 (+20.0%)
0.56
est: 0.49 (+15.5%)
0.68
est: 0.58 (+17.2%)
0.77
est: 0.65 (+18.5%)
0.77
est: 0.80 (-3.8%)
0.81
est: 0.65 (+24.6%)
1.05
est: 0.82 (+28.0%)
0.96
est: 0.86 (+12.3%)
1.11
est: 1.02 (+8.8%)
1.23
est: 1.11 (+10.8%)
1.29
est: 1.28 (+0.6%)
2.10
est: 1.35 (+55.2%)
1.38
est: 1.39 (-0.9%)
1.49
est: 1.51 (-1.0%)
1.74
est: 1.70 (+2.2%)
1.73
est: 1.73 (0.0%)
1.89
est: 1.72 (+9.6%)
1.75
est: 1.70 (+3.1%)
1.63
est: 1.74 (-6.4%)
2.15
est: 1.95 (+10.1%)
1.84
est: 1.82 (+1.4%)
1.75
1.69 – 1.80
-3.6% YoY
1.69
1.62 – 1.75
-3.2% YoY
1.71
1.58 – 1.89
+1.1% YoY
1.92
1.85 – 1.98
+11.9% YoY
1.76
1.70 – 1.82
-8.1% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-06-05 RBC Capital Sector Perform Sector Perform Maintain
2026-06-02 RBC Capital Sector Perform Sector Perform Maintain
2026-05-29 Barclays Overweight Overweight Maintain
2026-05-20 Citigroup Neutral Neutral Maintain
2026-05-13 Bernstein Market Perform Market Perform Maintain
2026-04-29 JP Morgan Neutral Underweight Downgrade
2026-04-15 Citigroup Neutral Neutral Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-05 A- 4/5 4/5 4/5 5/5 2/5 3/5 2/5
2026-06-04 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-06-03 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-06-02 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-06-01 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-28 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-27 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-26 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-22 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-21 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-20 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-19 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-18 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-15 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-14 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-13 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-12 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-11 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-08 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-07 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-06 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-05 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-04 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-05-01 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-30 A- 4/5 3/5 5/5 5/5 2/5 3/5 2/5
2026-04-29 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
696.48M
OE per share TTM
1.47
Owner's Yield
5.80%
Maintenance CapEx ratio
7.41%
Maint CapEx / Avg PPE
24.8%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
587
Total invested
5.35B
Insider transactions (90d)
12
Beneficial owners (>5%)
15
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Brown-Forman Corporation 31.53M 21.50% 31.53M 31.53M 10.00 CO Delaware 2024-05-01
2 The Vanguard Group - 23-1945930 21.07M 6.80% 346.3K 20.26M 812.5K IA 2022-02-09
3 Fundsmith LLP 16.09M 5.19% 16.00M 16.09M IA United Kingdom 2023-02-14
4 Association    22-1146430 8.86M 10.32% 4.33M 679.8K BK Delaware 2012-08-10
5 Group, Inc.    25-1435979 8.86M 10.32% 4.33M 679.8K HC Delaware 2012-08-10
6 Inc.    51-0326854 8.86M 10.32% 4.33M 679.8K HC Delaware 2012-08-10
7 (1) BlackRock, Inc. 6.28M 5.40% 5.47M 6.28M HC Delaware 2016-02-10
8 STATE STREET CORPORATION 5.33M 4.60% 5.33M 5.33M HC BOSTON, MASSACHUSETTS 2016-02-22
9 Company    81-0581990 4.78M 5.57% 312.3K 130.00 BK Delaware 2012-08-10
10 A. Cary Brown 3.32M 5.90% 507.4K 2.81M 507.4K IN United States America 2012-05-10
11 Brown 3.11M 5.50% 207.1K 2.91M 207.1K IN United States America 2012-05-10
12 III 2.87M 5.10% 464.00 2.87M 464.00 IN United States America 2012-05-10
13 (2) 511.2K 0.30% 511.2K IN United States America 2017-03-28
14 LLC    27-0640560 1.5K 0.01% 452.00 1.3K IA Delaware 2012-08-10
15 2) 10.00 12.00% 5.00 5.00 5.00 5.00 IA Delaware 2012-08-10

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
587
-61 vs prev Q
New positions
74
Closed positions
134
Increased
255
Reduced
238
Put/Call ratio
0.67
Calls held
1.05M
Puts held
696.7K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 VANGUARD GROUP INC 30.30M -394.8K (-1.3%) 789.50M -41.6M (-5.0%) 6.42% -0.072 pp 0.01% -0.001 pp USD44.85 -41.9% 84 qtrs
2 FMR LLC 25.65M +2.9M (+12.7%) 668.52M +52.4M (+8.5%) 5.44% +0.623 pp 0.03% +0.002 pp USD28.00 -6.9% 70 qtrs
3 BLACKROCK, INC. 14.51M -92.6K (-0.6%) 378.18M -17.3M (-4.4%) 3.08% -0.014 pp 0.01% -0.001 pp USD48.12 -45.8% 6 qtrs
4 VAN ECK ASSOCIATES CORP 11.69M +5.6M (+91.6%) 304.75M +139.4M (+84.4%) 2.48% +1.187 pp 0.25% +0.098 pp USD28.19 -7.6% 25 qtrs
5 STATE STREET CORP 11.27M -287.8K (-2.5%) 296.33M -19.3M (-6.1%) 2.39% -0.057 pp 0.01% -0.001 pp USD39.46 -34.0% 51 qtrs
6 INVESCO LTD. 6.55M -504.3K (-7.2%) 170.64M -20.3M (-10.6%) 1.39% -0.104 pp 0.03% -0.004 pp USD45.32 -42.5% 57 qtrs
7 PROSHARE ADVISORS LLC 5.68M +267.2K (+4.9%) 147.93M +1.4M (+1.0%) 1.20% +0.059 pp 0.26% -0.046 pp USD45.00 -42.1% 74 qtrs
8 MORGAN STANLEY 5.40M -528.0K (-8.9%) 140.80M -19.8M (-12.3%) 1.15% -0.110 pp 0.01% -0.001 pp USD48.79 -46.6% 51 qtrs
9 GEODE CAPITAL MANAGEMENT, LLC 5.39M -100.1K (-1.8%) 140.00M -8.2M (-5.5%) 1.14% -0.019 pp 0.01% -0.001 pp USD44.12 -40.9% 78 qtrs
10 BLACK CREEK INVESTMENT MANAGEMENT INC. 5.09M +514.3K (+11.2%) 132.59M +8.7M (+7.1%) 1.08% +0.111 pp 6.58% +0.737 pp USD28.64 -9.0% 4 qtrs
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 5.06M +210.5K (+4.3%) 131.91M +536.7K (+0.4%) 1.07% +0.047 pp 0.02% -0.001 pp USD40.01 -34.9% 100 qtrs
12 GOLDMAN SACHS GROUP INC 5.02M +2.2M (+78.9%) 130.92M +54.9M (+72.1%) 1.06% +0.471 pp 0.02% +0.007 pp USD34.16 -23.7% 73 qtrs
13 UBS GROUP AG 4.47M +953.3K (+27.1%) 116.43M +21.3M (+22.3%) 0.95% +0.203 pp 0.02% +0.004 pp USD31.03 -16.0% 45 qtrs
14 D. E. SHAW & CO., INC. 3.20M +566.3K (+21.5%) 83.46M +12.1M (+16.9%) 0.68% +0.121 pp 0.05% +0.006 pp USD27.11 -3.9% 29 qtrs
15 BANK OF NEW YORK MELLON CORP 2.97M +984.4K (+49.6%) 77.32M +23.6M (+44.0%) 0.63% +0.209 pp 0.01% +0.003 pp USD33.90 -23.1% 66 qtrs
16 BANK OF AMERICA CORP /DE/ 2.88M -3.5M (-55.0%) 75.09M -98.3M (-56.7%) 0.61% -0.744 pp 0.01% -0.006 pp USD38.38 -32.1% 52 qtrs
17 EQUITY INVESTMENT CORP 2.78M -626.9K (-18.4%) 72.56M -19.8M (-21.5%) 0.59% -0.132 pp 1.46% -0.470 pp USD26.91 -3.2% 3 qtrs
18 WELLS FARGO & COMPANY/MN 2.58M -426.6K (-14.2%) 67.23M -14.2M (-17.4%) 0.55% -0.089 pp 0.01% -0.003 pp USD46.66 -44.1% 57 qtrs
19 WELLINGTON MANAGEMENT GROUP LLP 2.53M +3.5K (+0.1%) 65.96M -2.5M (-3.6%) 0.54% +0.002 pp 0.01% 0.000 pp USD44.78 -41.8% 28 qtrs
20 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 2.34M -99.9K (-4.1%) 61.00M -5.1M (-7.7%) 0.50% -0.020 pp 0.02% -0.001 pp USD27.08 -3.8% 2 qtrs
21 UBS ASSET MANAGEMENT AMERICAS INC 2.28M -25.3K (-1.1%) 59.42M -3.0M (-4.8%) 0.48% -0.005 pp 0.01% -0.001 pp USD41.39 -37.0% 90 qtrs
22 DIMENSIONAL FUND ADVISORS LP 2.08M +214.7K (+11.5%) 54.12M +3.7M (+7.3%) 0.44% +0.046 pp 0.01% +0.001 pp USD37.29 -30.1% 51 qtrs
23 NORTHERN TRUST CORP 2.03M -30.5K (-1.5%) 52.98M -2.9M (-5.2%) 0.43% -0.006 pp 0.01% 0.000 pp USD35.63 -26.9% 51 qtrs
24 CITIGROUP INC 1.78M +125.8K (+7.6%) 46.46M +1.6M (+3.5%) 0.38% +0.027 pp 0.02% +0.001 pp USD31.05 -16.1% 108 qtrs
25 CBOE VEST FINANCIAL, LLC 1.76M -4.2K (-0.2%) 45.76M -1.9M (-4.0%) 0.37% 0.000 pp 0.58% -0.042 pp USD45.25 -42.4% 21 qtrs
26 NORGES BANK 1.69M +1.7M (+100.0%) 43.99M +44.0M (+100.0%) 0.36% +0.358 pp 0.00% +0.005 pp USD26.06 +0.0% 1 qtrs NEW
27 LINDSELL TRAIN LTD 1.65M +— (+0.0%) 42.99M -1.7M (-3.8%) 0.35% +0.001 pp 1.09% -0.006 pp USD48.97 -46.8% 32 qtrs
28 ALECTA TJANSTEPENSION OMSESIDIGT 1.60M +— (+0.0%) 41.71M -1.6M (-3.7%) 0.34% +0.001 pp 0.18% -0.010 pp USD57.10 -54.4% 9 qtrs
29 DEUTSCHE BANK AG\ 1.57M -283.8K (-15.3%) 40.92M -9.3M (-18.5%) 0.33% -0.059 pp 0.01% -0.004 pp USD39.77 -34.5% 50 qtrs
30 J. SAFRA SARASIN HOLDING AG 1.52M +33.6K (+2.3%) 39.67M -642.8K (-1.6%) 0.32% +0.008 pp 0.65% -0.007 pp USD31.45 -17.1% 4 qtrs
31 NOMURA ASSET MANAGEMENT CO LTD 1.36M +53.4K (+4.1%) 35.39M +61.0K (+0.2%) 0.29% +0.012 pp 0.09% -0.003 pp USD46.91 -44.4% 76 qtrs
32 GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC 1.34M -8.9K (-0.7%) 34.91M -1.6M (-4.4%) 0.28% -0.001 pp 0.09% -0.014 pp USD26.96 -3.3% 3 qtrs
33 JPMORGAN CHASE & CO 1.34M +151.9K (+12.8%) 34.90M +2.7M (+8.5%) 0.28% +0.033 pp 0.00% +0.000 pp USD40.77 -36.1% 51 qtrs
34 CONFLUENCE INVESTMENT MANAGEMENT LLC 1.19M -154.3K (-11.4%) 31.14M -5.4M (-14.8%) 0.25% -0.032 pp 0.47% -0.055 pp USD34.32 -24.1% 6 qtrs
35 LONDON CO OF VIRGINIA 1.18M -98.1K (-7.7%) 30.80M -3.9M (-11.1%) 0.25% -0.020 pp 0.18% -0.014 pp USD52.52 -50.4% 72 qtrs
36 THOMPSON SIEGEL & WALMSLEY LLC 1.17M +510.9K (+77.7%) 30.44M +12.6M (+71.0%) 0.25% +0.109 pp 0.51% +0.223 pp USD26.63 -2.1% 2 qtrs
37 OLD REPUBLIC INTERNATIONAL CORP 906.3K +130.0K (+16.7%) 23.62M +2.6M (+12.3%) 0.19% +0.028 pp 0.95% +0.175 pp USD26.93 -3.2% 2 qtrs
38 LEGAL & GENERAL GROUP PLC 895.5K -634.2K (-41.5%) 23.34M -18.1M (-43.7%) 0.19% -0.134 pp 0.01% -0.004 pp USD43.17 -39.6% 75 qtrs
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 884.0K +705.5K (+395.2%) 23.04M +18.2M (+376.6%) 0.19% +0.150 pp 0.00% +0.002 pp USD28.11 -7.3% 44 qtrs
40 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 865.5K -36.2K (-4.0%) 22.55M -1.9M (-7.6%) 0.18% -0.007 pp 2.53% -0.271 pp USD38.07 -31.5% 6 qtrs
41 AEGON ASSET MANAGEMENT UK PLC 732.9K +732.9K (+100.0%) 19.11M +19.1M (+100.0%) 0.16% +0.155 pp 0.23% +0.227 pp USD26.06 +0.0% 1 qtrs NEW
42 GARDNER RUSSO & QUINN LLC 708.2K -57.6K (-7.5%) 18.46M -2.3M (-11.0%) 0.15% -0.012 pp 0.20% -0.023 pp USD38.97 -33.1% 82 qtrs
43 AMUNDI 661.6K +53.7K (+8.8%) 17.24M +499.4K (+3.0%) 0.14% +0.012 pp 0.00% -0.001 pp USD46.29 -43.7% 19 qtrs
44 VICTORY CAPITAL MANAGEMENT INC 644.7K -4.8K (-0.7%) 16.80M -787.3K (-4.5%) 0.14% -0.001 pp 0.01% -0.001 pp USD39.18 -33.5% 43 qtrs
45 CERITY PARTNERS LLC 605.9K -1.1K (-0.2%) 15.79M -647.7K (-3.9%) 0.13% +0.000 pp 0.02% -0.004 pp USD49.06 -46.9% 15 qtrs
46 GLENVIEW TRUST CO 575.1K -6.4K (-1.1%) 14.99M -758.8K (-4.8%) 0.12% -0.001 pp 0.23% -0.018 pp USD43.95 -40.7% 37 qtrs
47 ENVESTNET ASSET MANAGEMENT INC 563.2K -77.9K (-12.2%) 14.68M -2.7M (-15.5%) 0.12% -0.016 pp 0.00% -0.001 pp USD36.73 -29.0% 50 qtrs
48 PNC FINANCIAL SERVICES GROUP, INC. 552.2K +9.0K (+1.7%) 14.39M -318.5K (-2.2%) 0.12% +0.002 pp 0.01% -0.001 pp USD44.87 -41.9% 51 qtrs
49 MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. 534.6K -7.3K (-1.3%) 13.98M -699.4K (-4.8%) 0.11% -0.001 pp 0.01% -0.001 pp USD52.33 -50.2% 58 qtrs
50 CEREDEX VALUE ADVISORS LLC 520.6K +520.6K (+100.0%) 13.57M +13.6M (+100.0%) 0.11% +0.110 pp 0.41% +0.408 pp USD26.06 +0.0% 1 qtrs NEW
51 MATHER GROUP, LLC. 520.4K +46.8K (+9.9%) 13.56M +737.8K (+5.8%) 0.11% +0.010 pp 0.14% +0.010 pp USD32.39 -19.5% 8 qtrs
52 SUMITOMO MITSUI TRUST HOLDINGS, INC. 516.7K -675.0 (-0.1%) 13.47M -545.3K (-3.9%) 0.11% +0.000 pp 0.01% 0.000 pp USD43.14 -39.6% 59 qtrs
53 FIRST TRUST ADVISORS LP 497.3K -336.2K (-40.3%) 12.96M -9.6M (-42.6%) 0.11% -0.071 pp 0.01% -0.007 pp USD45.95 -43.3% 42 qtrs
54 SWISS NATIONAL BANK 496.3K -28.7K (-5.5%) 12.93M -1.3M (-9.0%) 0.11% -0.006 pp 0.01% -0.001 pp USD43.19 -39.7% 51 qtrs
55 ROYAL BANK OF CANADA 491.4K -315.8K (-39.1%) 12.81M -9.1M (-41.4%) 0.10% -0.067 pp 0.00% -0.002 pp USD46.90 -44.4% 51 qtrs
56 MARKEL GROUP INC. 474.2K +— (+0.0%) 12.36M -483.7K (-3.8%) 0.10% +0.000 pp 0.10% -0.006 pp USD39.17 -33.5% 57 qtrs
57 BARCLAYS PLC 454.3K -195.7K (-30.1%) 11.84M -20.1M (-63.0%) 0.10% -0.041 pp 0.00% -0.005 pp USD53.34 -51.1% 51 qtrs
58 RAYMOND JAMES FINANCIAL INC 438.6K -120.2K (-21.5%) 11.43M -3.7M (-24.5%) 0.09% -0.025 pp 0.00% -0.001 pp USD37.24 -30.0% 5 qtrs
59 RHUMBLINE ADVISERS 437.3K -101.5K (-18.8%) 11.40M -3.2M (-21.9%) 0.09% -0.021 pp 0.01% -0.003 pp USD40.68 -35.9% 55 qtrs
60 RBO & CO LLC 431.4K +139.1K (+47.6%) 11.24M +3.3M (+42.0%) 0.09% +0.030 pp 1.79% +0.551 pp USD36.62 -28.8% 37 qtrs
61 AMIRAL GESTION 409.7K +157.4K (+62.4%) 10.68M +3.8M (+56.3%) 0.09% +0.034 pp 3.93% +1.443 pp USD31.59 -17.5% 5 qtrs
62 GRACE & WHITE INC /NY 404.9K -30.9K (-7.1%) 10.55M -1.2M (-10.6%) 0.09% -0.006 pp 1.88% -0.201 pp USD60.48 -56.9% 23 qtrs
63 NUVEEN, LLC 390.2K -24.2K (-5.8%) 10.17M -1.1M (-9.4%) 0.08% -0.005 pp 0.00% 0.000 pp USD33.12 -21.3% 4 qtrs
64 BNP PARIBAS ARBITRAGE, SNC 366.4K -188.0K (-33.9%) 9.55M -5.5M (-36.4%) 0.08% -0.040 pp 0.00% -0.004 pp USD47.36 -45.0% 51 qtrs
65 STIFEL FINANCIAL CORP 362.6K -47.0K (-11.5%) 9.45M -1.6M (-14.8%) 0.08% -0.010 pp 0.01% -0.002 pp USD43.28 -39.8% 48 qtrs
66 CITADEL ADVISORS LLC 352.7K -1.4M (-79.4%) 9.19M -37.2M (-80.2%) 0.07% -0.288 pp 0.00% -0.006 pp USD28.86 -9.7% 24 qtrs
67 LAZARD ASSET MANAGEMENT LLC 352.1K +8.0K (+2.3%) 9.18M -142.4K (-1.5%) 0.07% +0.002 pp 0.02% +0.003 pp USD42.65 -38.9% 7 qtrs
68 STATE OF WISCONSIN INVESTMENT BOARD 350.5K -48.0K (-12.0%) 9.13M -1.7M (-15.4%) 0.07% -0.010 pp 0.02% -0.004 pp USD35.96 -27.5% 31 qtrs
69 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 336.3K -2.1K (-0.6%) 8.76M -398.9K (-4.4%) 0.07% 0.000 pp 0.01% -0.001 pp USD48.63 -46.4% 52 qtrs
70 POINT72 ASSET MANAGEMENT, L.P. 334.9K +334.9K (+100.0%) 8.73M +8.7M (+100.0%) 0.07% +0.071 pp 0.01% +0.010 pp USD26.06 +0.0% 1 qtrs NEW
71 HSBC HOLDINGS PLC 329.7K -71.8K (-17.9%) 8.60M -2.3M (-20.9%) 0.07% -0.015 pp 0.00% -0.002 pp USD58.33 -55.3% 56 qtrs
72 ICICI PRUDENTIAL ASSET MANAGEMENT CO LTD 326.6K +45.0K (+16.0%) 8.51M +885.5K (+11.6%) 0.07% +0.010 pp 1.00% +0.191 pp USD39.72 -34.4% 7 qtrs
73 MARINER, LLC 323.7K +10.4K (+3.3%) 8.43M -48.7K (-0.6%) 0.07% +0.002 pp 0.01% -0.001 pp USD33.38 -21.9% 20 qtrs
74 BANK OF MONTREAL /CAN/ 311.5K +15.7K (+5.3%) 8.12M +108.5K (+1.4%) 0.07% +0.003 pp 0.00% 0.000 pp USD56.79 -54.1% 51 qtrs
75 PRICE T ROWE ASSOCIATES INC /MD/ 311.2K -6.5K (-2.1%) 8.11M -494.0K (-5.7%) 0.07% -0.001 pp 0.00% +0.000 pp USD30.35 -14.1% 75 qtrs
76 QUANTINNO CAPITAL MANAGEMENT LP 295.0K -30.9K (-9.5%) 7.69M -1.1M (-12.9%) 0.06% -0.006 pp 0.02% -0.009 pp USD31.85 -18.2% 14 qtrs
77 MORNINGSTAR INVESTMENT MANAGEMENT LLC 291.2K -73.5K (-20.1%) 7.59M -2.3M (-23.1%) 0.06% -0.015 pp 0.45% +0.085 pp USD27.08 -3.8% 2 qtrs
78 BAIRD FINANCIAL GROUP, INC. 283.3K -492.0K (-63.5%) 7.38M -13.6M (-64.8%) 0.06% -0.104 pp 0.01% -0.022 pp USD44.03 -40.8% 43 qtrs
79 MATTERN CAPITAL MANAGEMENT, LLC 265.7K +71.9K (+37.1%) 6.92M +1.7M (+32.0%) 0.06% +0.015 pp 0.82% +0.201 pp USD46.46 -43.9% 25 qtrs
80 AQR CAPITAL MANAGEMENT LLC 261.3K +202.8K (+346.8%) 6.81M +5.2M (+330.4%) 0.06% +0.043 pp 0.00% +0.003 pp USD28.51 -8.6% 82 qtrs
81 JANNEY MONTGOMERY SCOTT LLC 258.7K -62.2K (-19.4%) 6.74M -1.9M (-22.4%) 0.05% -0.013 pp 0.02% -0.005 pp USD47.23 -44.8% 40 qtrs
82 SATHER FINANCIAL GROUP INC 248.4K -241.4K (-49.3%) 6.47M -6.8M (-51.2%) 0.05% -0.051 pp 0.35% -0.373 pp USD46.91 -44.4% 29 qtrs
83 JANE STREET GROUP, LLC 244.7K +64.4K (+35.7%) 6.38M +1.5M (+30.6%) 0.05% +0.014 pp 0.00% +0.000 pp USD27.03 -3.6% 5 qtrs
84 PRINCIPAL FINANCIAL GROUP INC 235.8K +6.1K (+2.6%) 6.15M -76.1K (-1.2%) 0.05% +0.001 pp 0.00% +0.000 pp USD51.23 -49.1% 81 qtrs
85 AQUATIC CAPITAL MANAGEMENT LLC 226.7K +155.5K (+218.7%) 5.91M +4.0M (+206.7%) 0.05% +0.033 pp 0.17% +0.132 pp USD28.81 -9.5% 5 qtrs
86 GUGGENHEIM CAPITAL LLC 220.1K -4.5K (-2.0%) 5.74M -346.8K (-5.7%) 0.05% -0.001 pp 0.04% -0.003 pp USD42.96 -39.3% 62 qtrs
87 GOTHAM ASSET MANAGEMENT, LLC 215.6K -162.7K (-43.0%) 5.62M -4.6M (-45.2%) 0.05% -0.034 pp 0.02% -0.024 pp USD29.91 -12.9% 7 qtrs
88 XTX TOPCO LTD 210.8K +210.8K (+100.0%) 5.49M +5.5M (+100.0%) 0.04% +0.045 pp 0.14% +0.144 pp USD26.06 +0.0% 1 qtrs NEW
89 ALLIANCEBERNSTEIN L.P. 207.6K -63.9K (-23.5%) 5.41M -1.9M (-26.4%) 0.04% -0.013 pp 0.00% -0.001 pp USD41.32 -36.9% 61 qtrs
90 YOUSIF CAPITAL MANAGEMENT, LLC 194.5K -6.7K (-3.3%) 5.29M -158.8K (-2.9%) 0.04% -0.001 pp 0.06% 0.000 pp USD54.40 -52.1% 17 qtrs
91 DOUGLASS WINTHROP ADVISORS, LLC 195.4K -6.8K (-3.4%) 5.09M -383.6K (-7.0%) 0.04% -0.001 pp 0.09% -0.006 pp USD42.26 -38.3% 51 qtrs
92 SPRUCEGROVE INVESTMENT MANAGEMENT LTD 193.1K -263.9K (-57.7%) 5.03M -7.3M (-59.3%) 0.04% -0.056 pp 0.61% -0.387 pp USD35.78 -27.2% 5 qtrs
93 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 192.1K -13.1K (-6.4%) 5.01M -549.6K (-9.9%) 0.04% -0.003 pp 0.01% -0.001 pp USD39.31 -33.7% 51 qtrs
94 BANYAN CAPITAL MANAGEMENT, INC. 192.0K +509.0 (+0.3%) 5.00M -182.1K (-3.5%) 0.04% +0.000 pp 2.17% -0.181 pp USD26.93 -3.2% 3 qtrs
95 AVIVA PLC 189.3K +44.8K (+31.0%) 4.93M +1.0M (+26.1%) 0.04% +0.010 pp 0.01% +0.001 pp USD45.88 -43.2% 51 qtrs
96 RK ASSET MANAGEMENT, LLC 185.8K +1.2K (+0.6%) 4.84M -159.0K (-3.2%) 0.04% +0.000 pp 4.57% +0.021 pp USD43.32 -39.8% 6 qtrs
97 BLACK CYPRESS CAPITAL MANAGEMENT, LLC 185.0K -29.4K (-13.7%) 4.82M -984.4K (-17.0%) 0.04% -0.006 pp 3.37% -0.989 pp USD37.03 -29.6% 7 qtrs
98 J. STERN & CO. LLP 715.5K +697.3K (+3,833.3%) 715.5K +222.9K (+45.2%) 0.15% +0.148 pp 0.06% +0.024 pp USD26.55 -1.8% 6 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.87
Neutral
Ratio by volume
2.53
Bullish
Buys
13
Sells
15
Shares acquired
62.9K
Shares disposed
24.9K
Cash buys
Cash sales
Net activity
+37,968
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-05-27 Whiting Lawson E Director / Officer F-InKind D Class A Common 16,494 26.72 440.7K 26,913 D
2026-05-27 Shepherd Jeremy J Officer F-InKind D Class A Common 1,357 26.72 36.3K 2,210 D
2026-05-27 Peterson Crystal L Officer F-InKind D Class A Common 616 26.72 16.5K 1,101 D
2026-05-27 Pafilis Yiannis Officer A-Award A Class B Common 508 0.00 685 D
2026-05-27 Nguyen Diane F Officer F-InKind D Class B Common 597 25.94 15.5K 1,039 D
2026-05-27 Nall Timothy M Officer F-InKind D Class A Common 1,065 26.72 28.5K 3,050 D
2026-05-27 Masick Michael Andrew Officer A-Award A Class B Common 611 0.00 1,540 D
2026-05-27 Graven Christina M Officer F-InKind D Class B Common 607 25.94 15.7K 1,862 D
2026-05-27 Farrer Marshall Director F-InKind D Class A Common 2,176 26.72 58.1K 4,577 D
2026-05-27 Carr Michael E Jr Officer F-InKind D Class B Common 245 25.94 6.4K 615 D
2026-04-30 Enyard Angela S Officer M-Exempt D Restricted Stock Units 207 0.00 210 D
2026-04-23 Peters James W Officer A-Award A Stock Appreciation Right 8,992 28.40 255.4K 8,992 D
2026-02-12 Whiting Lawson E Director / Officer S-Sale D Class A Common 25,915 31.01 803.6K 7,018 D
2025-12-12 Whiting Lawson E Director / Officer S-Sale D Class A Common 8,834 31.00 273.9K 32,933 D
2025-12-04 Whiting Lawson E Director / Officer S-Sale D Class A Common 7,746 31.01 240.2K 41,767 D
2025-10-08 Farrer Marshall Director G-Gift D Class B Common 2,720 0.00 19,017 D
2025-07-24 Whiting Lawson E Director / Officer A-Award A Stock Appreciation Right 288,238 31.15 8.98M 288,238 D
2025-07-24 TODMAN MICHAEL Director A-Award A Deferred Stock Units 5,015 0.00 34,864 D
2025-07-24 Skeans Tracy L Director A-Award A Deferred Stock Units 5,015 0.00 30,416 D
2025-07-24 Singer Jan Director A-Award A Deferred Stock Units 5,015 0.00 13,957 D
2025-07-24 Shepherd Jeremy J Officer A-Award A Stock Appreciation Right 28,418 31.15 885.2K 28,418 D
2025-07-24 SMITH ELIZABETH A Director A-Award A Deferred Stock Units 7,603 0.00 17,915 D
2025-07-24 RONEY MICHAEL J Director A-Award A Deferred Stock Units 5,015 0.00 45,137 D
2025-07-24 Peterson Crystal L Officer A-Award A Stock Appreciation Right 10,150 31.15 316.2K 10,150 D
2025-07-24 Pafilis Yiannis Officer A-Award A Stock Appreciation Right 31,317 31.15 975.5K 31,317 D
2025-07-24 Nguyen Diane F Officer A-Award A Stock Appreciation Right 28,418 31.15 885.2K 28,418 D
2025-07-24 Nall Timothy M Officer A-Award A Stock Appreciation Right 28,418 31.15 885.2K 28,418 D
2025-07-24 Masick Michael Andrew Officer A-Award A Stock Appreciation Right 28,418 31.15 885.2K 28,418 D
2025-07-24 Graven Christina M Officer A-Award A Stock Appreciation Right 22,532 31.15 701.9K 22,532 D
2025-07-24 Farrer Marshall Director / Officer A-Award A Stock Appreciation Right 33,513 31.15 1.04M 33,513 D
2025-07-24 Enyard Angela S Officer A-Award A Stock Appreciation Right 7,564 31.15 235.6K 7,564 D
2025-07-24 Cunningham Leanne D Officer A-Award A Stock Appreciation Right 75,105 31.15 2.34M 75,105 D
2025-07-24 Clouse Mark A. Director A-Award A Deferred Stock Units 7,603 0.00 17,109 D
2025-07-24 Carr Michael E Jr Officer A-Award A Stock Appreciation Right 31,463 31.15 980.1K 31,463 D
2025-07-24 Brown Elizabeth M Director A-Award A Deferred Stock Units 7,603 0.00 12,845 D
2025-07-24 Brown Campbell P Director A-Award A Deferred Stock Units 5,015 0.00 31,837 D
2025-07-23 Whiting Lawson E Director / Officer S-Sale D Class B Common 23,641 31.00 732.9K 4,787 D
2025-07-15 Musselman William Austin Jr Director J-Other D Class B Common 379,650 0.00 770,974 I
2025-07-09 Brown Campbell P Director G-Gift D Class B Common 390,000 0.00 180,863 D
2024-05-01 Peterson Crystal L Officer D Stock Appreciation Right 1,840 70.24 129.2K 0
2024-01-05 Brown Stuart R Director G-Gift D Class A Common 2,020 0.00 43,139
2023-12-15 Brown Stuart R Director G-Gift A Class B Common 581 0.00 12,071
2023-10-31 Hamel Matthew E Officer M-Exempt A Class B Common 8,538 35.60 304.0K 32,169
2023-07-31 Hamel Matthew E Officer M-Exempt A Class B Common 8,538 35.60 304.0K 29,879
2023-07-27 Whiting Lawson E Director / Officer A-Award A Stock Appreciation Right 101,906 69.87 7.12M 101,906
2023-07-27 TODMAN MICHAEL Director A-Award A Deferred Stock Units 2,176 0.00 25,307
2023-07-27 Skeans Tracy L Director A-Award A Deferred Stock Units 2,176 0.00 21,042
2023-07-27 Singer Jan Director A-Award A Deferred Stock Units 2,176 0.00 5,260
2023-07-27 Shepherd Jeremy J Officer A-Award A Stock Appreciation Right 8,429 69.87 588.9K 8,429
2023-07-27 SMITH ELIZABETH A Director A-Award A Deferred Stock Units 4,862 0.00 4,862
2023-07-27 RONEY MICHAEL J Director A-Award A Deferred Stock Units 2,457 0.00 34,731
2023-07-27 Peterson Crystal L Officer A-Award A Stock Appreciation Right 3,825 69.87 267.3K 3,825
2023-07-27 Nall Timothy M Officer A-Award A Stock Appreciation Right 8,429 69.87 588.9K 8,429
2023-07-27 Hinrichs Thomas Officer A-Award A Stock Appreciation Right 8,628 69.87 602.8K 8,628
2023-07-27 Hawley Kirsten M Officer A-Award A Stock Appreciation Right 9,885 69.87 690.7K 9,885
2023-07-27 Hamel Matthew E Officer A-Award A Stock Appreciation Right 11,232 69.87 784.8K 11,232
2023-07-27 Farrer Marshall Director / Officer A-Award A Stock Appreciation Right 12,651 69.87 883.9K 12,651
2023-07-27 Cunningham Leanne D Officer A-Award A Stock Appreciation Right 22,987 69.87 1.61M 22,987
2023-07-27 Clouse Mark A. Director A-Award A Deferred Stock Units 4,517 0.00 4,517
2023-07-27 Brown Stuart R Director A-Award A Deferred Stock Units 3,299 0.00 16,230
2023-07-27 Brown Kelli Officer A-Award A Stock Appreciation Right 3,695 69.87 258.2K 3,695
2023-07-27 Brown Elizabeth M Director I Class B Common 0 0.00 1,410
2023-07-27 Brown Campbell P Director A-Award A Deferred Stock Units 5,616 0.00 17,164
2023-07-27 Bentel Matias Officer A-Award A Stock Appreciation Right 9,400 69.87 656.8K 9,400
2023-07-11 Holland Augusta Brown Director J-Other D Class B Common 16,922 66.19 1.12M 679,982
2023-06-30 Holland Augusta Brown Director S-Sale D Class B Common 150 66.96 10.0K 2,262
2023-06-26 Brown Stuart R Director G-Gift A Class A Common 11,370 0.00 23,745
2023-06-23 Hamel Matthew E Officer G-Gift A Class B Common 19,700 0.00 89,972
2023-06-22 Hawley Kirsten M Officer F-InKind D Class B Common 6,618 66.32 438.9K 6,586
2023-06-01 Whiting Lawson E Director / Officer F-InKind D Class A Common 6,831 65.88 450.0K 35,546
2023-06-01 Shepherd Jeremy J Officer A-Award A Class B Common 74 0.00 2,796
2023-06-01 Peterson Crystal L Officer F-InKind D Class B Common 40 65.09 2.6K 1,173
2023-06-01 Nall Timothy M Officer F-InKind D Class B Common 98 65.09 6.4K 4,841
2023-06-01 Hinrichs Thomas Officer F-InKind D Class A Common 507 65.88 33.4K 5,386
2023-06-01 Hawley Kirsten M Officer F-InKind D Class A Common 331 65.88 21.8K 10,261
2023-06-01 Hamel Matthew E Officer A-Award A Class A Common 1,388 0.00 7,355
2023-06-01 Farrer Marshall Director / Officer F-InKind D Class B Common 143 65.09 9.3K 21,737
2023-06-01 Brown Kelli Officer F-InKind D Class B Common 53 65.09 3.4K 1,614
2023-06-01 Brown Campbell P Director A-Award A Class B Common 244 0.00 570,457
2023-06-01 Bentel Matias Officer F-InKind D Class A Common 351 65.88 23.1K 783
2023-05-01 Nall Timothy M Officer D Stock Appreciation Right 2,965 69.21 205.2K 0
2023-05-01 Cunningham Leanne D Officer D Stock Appreciation Right 2,965 69.21 205.2K 0
2023-04-30 Nall Timothy M Officer D Restricted Stock Units 626 0.00 0
2023-04-28 Hinrichs Thomas Officer F-InKind D Class B Common 7,909 65.28 516.3K 16,387
2023-04-28 Hamel Matthew E Officer F-InKind D Class B Common 6,600 65.28 430.8K 41,041
2023-03-28 Shepherd Jeremy J Officer M-Exempt A Class B Common 1,683 28.03 47.2K 4,405
2023-03-24 Brown Stuart R Director G-Gift D Class B Common 3,260 0.00 306,061
2023-02-22 Whiting Lawson E Director / Officer M-Exempt A Class B Common 22,195 28.03 622.2K 40,838
2023-01-31 Hamel Matthew E Officer M-Exempt D Stock Appreciation Right 10,880 28.03 305.0K 10,880
2023-01-24 SMITH ELIZABETH A Director 0 0.00 0
2023-01-23 Holland Augusta Brown Director G-Gift D Class A Common 1,586 0.00 1,005,089
2023-01-19 Holland Augusta Brown Director G-Gift A Class B Common 15,305 0.00 696,904
2023-01-06 Brown Stuart R Director G-Gift D Class A Common 1,700 0.00 523,449
2023-01-05 Holland Augusta Brown Director G-Gift A Class A Common 258 0.00 6,742
2023-01-04 Brown Stuart R Director G-Gift A Class A Common 260 0.00 525,149
2023-01-03 Brown Stuart R Director G-Gift A Class A Common 260 0.00 524,889
2022-12-22 Holland Augusta Brown Director G-Gift A Class A Common 235 0.00 1,006,417
2022-12-21 Brown Stuart R Director G-Gift A Class B Common 484 0.00 11,490
2022-11-17 Clouse Mark A. Director 0 0.00 0
2022-10-31 Hamel Matthew E Officer M-Exempt D Stock Appreciation Right 10,880 28.03 305.0K 21,760
2022-10-06 Holland Augusta Brown Director G-Gift D Class A Common 1,477 0.00 1,006,182
2022-08-15 Holland Augusta Brown Director G-Gift A Class B Common 7,344 0.00 681,599
2022-07-15 Shepherd Jeremy J Officer D Class B Common 0 0.00 2,722
2022-07-12 Brown Stuart R Director G-Gift D Class A Common 49,500 0.00 0
2022-06-15 Peterson Crystal L Officer D Class B Common 0 0.00 1,081
2022-05-01 Nall Timothy M Officer D Stock Appreciation Right 9,729 54.64 531.6K 0
2022-05-01 Cunningham Leanne D Officer D Stock Appreciation Right 3,892 54.64 212.7K 0
2022-01-31 Hamel Matthew E Officer F-InKind D Class B Common 9,133 67.25 614.2K 11,907
2022-01-25 Singer Jan Director 0 0.00 0
2022-01-13 Whiting Lawson E Director / Officer M-Exempt A Class B Common 20,044 22.72 455.5K 31,676
2022-01-06 Brown Stuart R Director G-Gift D Class A Common 1,540 0.00 524,629
2022-01-04 Brown Stuart R Director G-Gift A Class A Common 478 0.00 246,219
2021-12-29 Brown Stuart R Director G-Gift D Class A Common 190,000 0.00 245,741
2021-12-20 Brown Stuart R Director G-Gift A Class B Common 419 0.00 11,006
2021-10-29 Hamel Matthew E Officer M-Exempt A Class B Common 14,133 23.05 325.7K 36,722
2021-10-04 Holland Augusta Brown Director G-Gift A Class B Common 3,728 0.00 674,255
2021-09-10 Nall Timothy M Officer F-InKind D Class B Common 7,973 71.20 567.7K 8,383
2021-09-09 Hamel Matthew E Officer P-Purchase A Class B Common 348 71.38 24.8K 46,721
2021-07-30 Hamel Matthew E Officer F-InKind D Class B Common 9,016 71.46 644.3K 22,069
2021-07-22 de Chabert Ralph E Officer A-Award A Stock Appreciation Right 4,961 71.24 353.4K 4,961
2021-07-22 Whiting Lawson E Director / Officer A-Award A Stock Appreciation Right 100,332 71.24 7.15M 100,332
2021-07-22 Skeans Tracy L Director A-Award A Deferred Stock Units 3,192 0.00 3,192
2021-07-22 RONEY MICHAEL J Director A-Award A Deferred Stock Units 2,673 0.00 2,673
2021-07-22 Nall Timothy M Officer A-Award A Stock Appreciation Right 4,472 71.24 318.6K 4,472
2021-07-22 Hinrichs Thomas Officer A-Award A Stock Appreciation Right 11,153 71.24 794.5K 11,153
2021-07-22 Hayes John V. Officer A-Award A Stock Appreciation Right 8,681 71.24 618.4K 8,681
2021-07-22 Hawley Kirsten M Officer A-Award A Stock Appreciation Right 10,997 71.24 783.4K 10,997
2021-07-22 Hamel Matthew E Officer A-Award A Stock Appreciation Right 13,519 71.24 963.1K 13,519
2021-07-22 Gutmann Kathleen M. Director A-Award A Deferred Stock Units 2,153 0.00 2,153
2021-07-22 Farrer Marshall Officer A-Award A Stock Appreciation Right 8,629 0.00 8,629
2021-07-22 Cunningham Leanne D Officer A-Award A Stock Appreciation Right 12,451 71.24 887.0K 12,451
2021-07-22 Cook John D. Director A-Award A Deferred Stock Units 3,192 0.00 3,192
2021-07-22 Brown Stuart R Director A-Award A Deferred Stock Units 3,192 0.00 3,192
2021-07-22 Brown Kelli Officer A-Award A Stock Appreciation Right 2,026 71.24 144.3K 2,026
2021-07-22 Brown Campbell P Director A-Award A Deferred Stock Units 5,509 0.00 5,509
2021-07-22 Bentel Matias Officer A-Award A Stock Appreciation Right 11,368 71.24 809.9K 11,368
2021-07-22 BOUSQUET CHAVANNE PATRICK Director A-Award A Deferred Stock Units 2,153 0.00 2,153
2021-07-22 Alvarez Alejandro A Officer A-Award A Stock Appreciation Right 8,516 71.24 606.7K 8,516
2021-07-02 Nall Timothy M Officer I Class A Common 0 0.00 36
2021-07-02 Cunningham Leanne D Officer I Class B Common 0 0.00 3,095
2021-07-01 Hawley Kirsten M Officer M-Exempt A Class B Common 30,008 39.76 1.19M 34,192
2021-06-01 de Chabert Ralph E Officer A-Award A Class A Common 777 0.00 2,987
2021-06-01 Whiting Lawson E Director / Officer F-InKind D Class A Common 3,432 71.35 244.9K 15,597
2021-06-01 MORREAU JANE C Officer A-Award A Class A Common 5,160 0.00 43,056
2021-06-01 Hayes John V. Officer A-Award A Class A Common 1,434 0.00 1,434
2021-06-01 Hawley Kirsten M Officer A-Award A Class A Common 1,925 0.00 8,748
2021-06-01 Hamel Matthew E Officer F-InKind D Class A Common 1,248 71.35 89.0K 4,925
2021-06-01 Farrer Marshall Director / Officer F-InKind D Class B Common 116 76.28 8.8K 18,169
2021-06-01 Brown Kelli Officer F-InKind D Class B Common 102 76.28 7.8K 1,328
2021-06-01 Brown Campbell P Director A-Award A Class B Common 346 0.00 534,253
2021-06-01 Bentel Matias Officer F-InKind D Class B Common 170 76.28 13.0K 2,577
2021-06-01 Alvarez Alejandro A Officer A-Award A Class A Common 1,639 0.00 8,386
2021-05-01 Nall Timothy M Officer D Stock Appreciation Right 9,505 54.00 513.3K 0
2021-05-01 Cunningham Leanne D Officer D Stock Appreciation Right 3,802 54.00 205.3K 0
2021-04-30 Hinrichs Thomas Officer M-Exempt A Class B Common 12,302 18.22 224.1K 15,199
2021-04-30 Hamel Matthew E Officer M-Exempt A Class B Common 15,245 18.22 277.7K 25,666
2021-04-30 Farrer Marshall Officer M-Exempt A Class B Common 3,916 18.22 71.3K 19,693
2021-04-27 Hayes John V. Officer M-Exempt A Class B Common 14,456 18.22 263.3K 20,678
2021-01-29 Hamel Matthew E Officer G-Gift A Class B Common 67,539 0.00 67,539
2021-01-15 Whiting Lawson E Director / Officer F-InKind D Class B Common 13,129 73.46 964.5K 11,632
2021-01-15 Brown Campbell P Director J-Other D Class B Common 189,452 73.46 13.92M 191,850
2021-01-14 Brown Campbell P Director G-Gift A Class B Common 191,850 0.00 191,850
2021-01-07 Holland Augusta Brown Director G-Gift A Class B Common 3,363 0.00 624,277
2021-01-04 MORREAU JANE C Officer F-InKind D Class B Common 15,743 79.43 1.25M 30,564
2020-12-18 Hayes John V. Officer M-Exempt D Stock Appreciation Right 14,456 18.22 263.3K 14,456
2020-12-16 Brown George Garvin IV Director G-Gift D Class B Common 13,100 0.00 583,368
2020-10-30 Hamel Matthew E Officer F-InKind D Class B Common 9,229 69.62 642.5K 118,892
2020-10-14 de Chabert Ralph E Officer M-Exempt D Stock Appreciation Right 3,074 18.22 56.0K 0
2020-10-07 de Chabert Ralph E Officer S-Sale D Class A Common 695 69.68 48.4K 2,210
2020-10-02 Holland Augusta Brown Director J-Other D Class A Common 3,413 68.86 235.0K 1,010,027
2020-10-01 Holland Augusta Brown Director G-Gift A Class A Common 225 0.00 1,008,852
2020-09-25 Holland Augusta Brown Director G-Gift A Class B Common 5,066 0.00 620,914
2020-09-15 Brown Kelli Officer M-Exempt D Stock Appreciation Right 1,024 36.11 37.0K 0
2020-09-09 Hayes John V. Officer G-Gift D Class B Common 955 0.00 41,001
2020-09-09 BOUSQUET CHAVANNE PATRICK Director S-Sale D Class B Common 6,250 80.00 500.0K 60,415
2020-09-08 Hamel Matthew E Officer P-Purchase A Class A Common 264 72.95 19.3K 31,087
2020-07-30 de Chabert Ralph E Officer A-Award A Stock Appreciation Right 7,393 69.21 511.7K 7,393
2020-07-30 Whiting Lawson E Director / Officer A-Award A Stock Appreciation Right 107,803 69.21 7.46M 107,803
2020-07-30 Skeans Tracy L Director A-Award A Deferred Stock Units 3,253 0.00 11,940
2020-07-30 RONEY MICHAEL J Director A-Award A Deferred Stock Units 3,253 0.00 25,698
2020-07-30 MORREAU JANE C Officer A-Award A Stock Appreciation Right 23,933 69.21 1.66M 23,933
2020-07-30 Holland Augusta Brown Director A-Award A Deferred Stock Units 2,718 0.00 13,413
2020-07-30 Hinrichs Thomas Officer A-Award A Stock Appreciation Right 17,708 69.21 1.23M 17,708
2020-07-30 Hayes John V. Officer A-Award A Stock Appreciation Right 14,374 69.21 994.8K 14,374
2020-07-30 Hawley Kirsten M Officer A-Award A Stock Appreciation Right 8,847 69.21 612.3K 8,847
2020-07-30 Hamel Matthew E Officer A-Award A Stock Appreciation Right 23,056 69.21 1.60M 23,056
2020-07-30 Gutmann Kathleen M. Director A-Award A Deferred Stock Units 2,143 0.00 9,645
2020-07-30 Farrer Marshall Director / Officer A-Award A Stock Appreciation Right 3,358 69.21 232.4K 3,358
2020-07-30 Cook John D. Director A-Award A Deferred Stock Units 2,143 0.00 25,184
2020-07-30 Brown Stuart R Director A-Award A Deferred Stock Units 3,253 0.00 6,285
2020-07-30 Brown George Garvin IV Director A-Award A Deferred Stock Units 4,960 0.00 36,369
2020-07-30 Brown Campbell P Director A-Award A Stock Appreciation Right 8,894 69.21 615.6K 8,894
2020-07-30 Bentel Matias Officer A-Award A Stock Appreciation Right 9,412 69.21 651.4K 9,412
2020-07-30 BOUSQUET CHAVANNE PATRICK Director A-Award A Deferred Stock Units 2,143 0.00 25,943
2020-07-30 Alvarez Alejandro A Officer A-Award A Stock Appreciation Right 8,460 69.21 585.5K 8,460
2020-07-24 Hamel Matthew E Officer M-Exempt D Stock Appreciation Right 15,245 18.22 277.7K 45,735
2020-07-01 Hawley Kirsten M Officer S-Sale D Class B Common 3,562 64.18 228.6K 4,184
2020-06-25 Hawley Kirsten M Officer M-Exempt D Stock Appreciation Right 14,032 40.15 563.3K 0
2020-06-01 de Chabert Ralph E Officer A-Award A Class B Common 340 0.00 5,207
2020-06-01 Whiting Lawson E Officer A-Award A Class A Common 4,782 0.00 13,168

Executive team

Top executives
EBIT / Employee
194.6K
Shares Outstanding
469.61M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2024 Lawson E. Whiting President and Chief Executive Officer 1.25M 4.77M 2.22M 3.71M 1.25M 13.19M 52.92%
2 2024 Leanne D. Cunningham Executive Vice President and Chief Financial Officer 655.6K 1.08M 500.0K 937.0K 617.0K 3.78M 41.62%
3 2024 Marshall B. Farrer Executive Vice President, Chief Strategic Growth Officer 523.5K 591.7K 275.2K 615.0K 1.65M 3.66M 23.68%
4 2024 Matthew E. Hamel Executive Vice President and General Counsel 614.8K 525.3K 244.3K 676.2K 205.3K 2.27M 33.96%
5 2024 Thomas W. Hinrichs Executive Vice President, President, Emerging International 528.7K 403.5K 187.7K 731.1K 22.1K 1.87M 31.56%
6 2023 Lawson E. Whiting President and Chief Executive Officer 1.25M 2.08M 1.79M 3.39M 1.15M 9.65M 40.02%
7 2023 Leanne D. Cunningham Executive Vice President and Chief Financial Officer 620.8K 387.3K 333.3K 902.0K 489.5K 2.73M 26.37%
8 2023 Thomas W. Hinrichs Executive Vice President, President, Emerging International 473.3K 193.1K 166.1K 688.5K 468.2K 1.99M 18.06%
9 2023 Matthew E. Hamel Executive Vice President and General Counsel 591.1K 273.0K 234.9K 636.7K 161.0K 1.90M 26.78%
10 2023 Kirsten M. Hawley Executive Vice President, Chief People, Places, and Communications Officer 487.7K 222.1K 191.1K 680.9K 36.0K 1.62M 25.54%
11 2022 Lawson E. Whiting President and Chief Executive Officer 1.25M 1.68M 1.69M 2.73M 1.01M 8.36M 40.31%
12 2022 Thomas W. Hinrichs Senior Vice President, President, Emerging International 507.5K 186.9K 187.9K 526.8K 441.1K 1.85M 20.26%
13 2022 Thomas W. Hinrichs Executive Vice President, President, Emerging International 507.5K 186.9K 187.9K 526.8K 441.1K 1.85M 20.26%
14 2022 Leanne D. Cunningham Executive Vice President and Chief Financial Officer 551.3K 208.7K 209.8K 628.2K 33.2K 1.63M 25.65%
15 2022 Leanne D. Cunningham Senior Vice President and Chief Financial Officer 551.3K 208.7K 209.8K 628.2K 33.2K 1.63M 25.65%
16 2022 Matthew E. Hamel Executive Vice President and General Counsel 566.5K 226.5K 227.7K 496.2K 33.3K 1.55M 29.30%
17 2022 Kirsten M. Hawley Senior Vice President, Chief People, Places, and Communications Officer 465.3K 184.3K 185.3K 566.7K 35.1K 1.44M 25.73%
18 2022 Kirsten M. Hawley Executive Vice President, Chief People, Places, and Communications Officer 465.3K 184.3K 185.3K 566.7K 35.1K 1.44M 25.73%
19 2022 Jane C. Morreau Former Executive Vice President and Chief Financial Officer 122.2K 65.4K 65.7K 567.7K 550.5K 1.37M 9.56%
20 2021 Lawson E. Whiting President and Chief Executive Officer 1.18M 2.02M 1.58M 2.99M 1.35M 9.11M 39.46%
21 2021 Jane C. Morreau Executive Vice President and Chief Financial Officer 643.8K 392.6K 349.7K 960.4K 633.0K 2.98M 24.91%
22 2021 Jane C. Morreau Former Executive Vice President and Chief Financial Officer 643.8K 392.6K 349.7K 960.4K 633.0K 2.98M 24.91%
23 2021 Matthew E. Hamel Executive Vice President, General Counsel and Secretary 552.6K 189.1K 336.8K 531.8K 347.4K 1.96M 26.86%
24 2021 Matthew E. Hamel Executive Vice President and General Counsel 552.6K 189.1K 336.8K 531.8K 347.4K 1.96M 26.86%
25 2021 Thomas W. Hinrichs Senior Vice President, President, Emerging International 480.7K 145.2K 258.7K 727.7K 129.0K 1.74M 23.20%
26 2021 Thomas W. Hinrichs Executive Vice President, President, Emerging International 480.7K 145.2K 258.7K 727.7K 129.0K 1.74M 23.20%
27 2021 Kirsten M. Hawley Executive Vice President, Chief People, Places, and Communications Officer 443.0K 145.1K 129.3K 585.1K 308.4K 1.61M 17.03%
28 2021 Kirsten M. Hawley Senior Vice President, Chief People, Places, and Communications Officer 443.0K 145.1K 129.3K 585.1K 308.4K 1.61M 17.03%
29 2020 Lawson E. Whiting President and Chief Executive Officer 1.07M 1.48M 1.23M 660.4K 1.76M 6.20M 43.66%
30 2020 Jane C. Morreau Former Executive Vice President and Chief Financial Officer 640.8K 369.7K 349.7K 416.7K 1.48M 3.25M 22.12%
31 2020 Jane C. Morreau Executive Vice President and Chief Financial Officer 640.8K 369.7K 349.7K 416.7K 1.48M 3.25M 22.12%
32 2020 Mark I. McCallum Former Executive Vice President and Chief Brands Officer 475.8K 160.8K 152.1K 427.1K 946.4K 2.16M 14.47%
33 2020 Matthew E. Hamel Executive Vice President, General Counsel and Secretary 550.0K 178.1K 336.8K 209.8K 593.6K 1.87M 27.56%
34 2020 Matthew E. Hamel Executive Vice President and General Counsel 550.0K 178.1K 336.8K 209.8K 593.6K 1.87M 27.56%
35 2020 John V. Hayes Senior Vice President, President, USA & Canada 427.2K 111.0K 105.0K 181.0K 875.0K 1.70M 12.71%
36 2020 Thomas W. Hinrichs Senior Vice President, President, Emerging International 473.5K 137.2K 259.5K 268.5K 218.7K 1.36M 29.23%
37 2020 Thomas Hinrichs Senior Vice President, President, International Division 473.5K 137.2K 259.5K 268.5K 218.7K 1.36M 29.23%
38 2019 Paul C. Varga Former Company Chairman and Chief Executive Officer 806.8K 927.0K 907.3K 2.55M 5.45M 10.64M 17.24%
39 2019 Lawson E. Whiting President and Chief Executive Officer 872.4K 459.8K 450.0K 1.15M 766.4K 3.70M 24.62%
40 2019 Jane C. Morreau Executive Vice President and Chief Financial Officer 620.8K 321.8K 315.0K 747.2K 1.06M 3.07M 20.78%
41 2019 Mark I. McCallum Executive Vice President and Chief Brands Officer 678.1K 226.3K 221.5K 886.0K 566.8K 2.58M 17.36%
42 2019 Mark I. McCallum Former Executive Vice President and Chief Brands Officer 678.1K 226.3K 221.5K 886.0K 566.8K 2.58M 17.36%
43 2019 Matthew E. Hamel Executive Vice President, General Counsel and Secretary 534.0K 167.1K 327.0K 458.9K 369.0K 1.86M 26.62%
44 2019 Thomas W. Hinrichs Senior Vice President, President, Emerging International 477.0K 126.0K 123.4K 558.2K 188.4K 1.47M 16.93%
45 2019 Thomas Hinrichs Senior Vice President, President, International Division 477.0K 126.0K 123.4K 558.2K 188.4K 1.47M 16.93%
46 2019 Thomas Hinrichs Senior Vice President, International Division 477.0K 126.0K 123.4K 558.2K 188.4K 1.47M 16.93%
47 2018 Paul C. Varga Former Company Chairman and Chief Executive Officer 1.15M 1.50M 1.54M 4.20M 438.6K 8.83M 34.44%
48 2018 Paul C. Varga Company Chairman and Chief Executive Officer 1.15M 1.50M 1.54M 4.20M 438.6K 8.83M 34.44%
49 2018 Jane C. Morreau Executive Vice President and Chief Financial Officer 599.0K 306.8K 270.0K 966.7K 804.2K 2.95M 19.57%
50 2018 Mark I. McCallum Executive Vice President and Chief Brands Officer 661.5K 244.3K 215.0K 1.17M 481.2K 2.78M 16.55%
51 2018 Mark I. McCallum Executive Vice President, President Jack Daniel’s Brands 661.5K 244.3K 215.0K 1.17M 481.2K 2.78M 16.55%
52 2018 Mark I. McCallum Former Executive Vice President and Chief Brands Officer 661.5K 244.3K 215.0K 1.17M 481.2K 2.78M 16.55%
53 2018 Jill A. Jones Former Executive Vice President, President, NAR, CCSA, IMEA & GTR 614.6K 238.6K 210.0K 967.2K 473.6K 2.50M 17.91%
54 2018 Lawson E. Whiting Executive Vice President, Chief Operating Officer 597.5K 184.6K 227.5K 931.7K 436.2K 2.38M 17.33%
55 2018 Lawson E. Whiting President and Chief Executive Officer 597.5K 184.6K 227.5K 931.7K 436.2K 2.38M 17.33%
56 2017 Paul C. Varga Former Company Chairman and Chief Executive Officer 1.14M 1.24M 1.54M 3.86M 1.08M 8.87M 31.32%
57 2017 Paul C. Varga Company Chairman and Chief Executive Officer 1.14M 1.24M 1.54M 3.86M 1.08M 8.87M 31.32%
58 2017 Jane C. Morreau Executive Vice President and Chief Financial Officer 594.8K 278.1K 297.0K 915.1K 810.1K 2.90M 19.87%
59 2017 Mark I. McCallum Executive Vice President, President Jack Daniel’s Brands 659.0K 201.3K 215.0K 981.2K 462.4K 2.52M 16.53%
60 2017 Mark I. McCallum Executive Vice President and Chief Brands Officer 659.0K 201.3K 215.0K 981.2K 462.4K 2.52M 16.53%
61 2017 Jill A. Jones Former Executive Vice President, President, NAR, CCSA, IMEA & GTR 612.1K 196.6K 210.0K 915.6K 490.0K 2.42M 16.77%
62 2017 Jill A. Jones Executive Vice President, President, NAR, CCSA, IMEA & GTR 612.1K 196.6K 210.0K 915.6K 490.0K 2.42M 16.77%
63 2017 Lawson E. Whiting Executive Vice President, Chief Operating Officer 487.3K 152.2K 162.5K 741.5K 377.1K 1.92M 16.38%
64 2017 Lawson E. Whiting President and Chief Executive Officer 487.3K 152.2K 162.5K 741.5K 377.1K 1.92M 16.38%
65 2017 Lawson E. Whiting Executive Vice President, Chief Brands and Strategy Officer, B-F Brands 487.3K 152.2K 162.5K 741.5K 377.1K 1.92M 16.38%
66 2016 Paul C. Varga Company Chairman and Chief Executive Officer 1.13M 1.27M 1.47M 4.68M 1.06M 9.61M 28.51%
67 2016 Jane C. Morreau Executive Vice President and Chief Financial Officer 569.6K 360.2K 255.0K 1.00M 841.9K 3.03M 20.31%
68 2016 Jill A. Jones Former Executive Vice President, President, NAR, CCSA, IMEA & GTR 594.8K 339.0K 240.0K 1.08M 518.9K 2.77M 20.89%
69 2016 Jill A. Jones Executive Vice President, President, NAR, CCSA, IMEA & GTR 594.8K 339.0K 240.0K 1.08M 518.9K 2.77M 20.89%
70 2016 Mark I. McCallum Executive Vice President, President Jack Daniel’s Brands 642.5K 257.3K 212.5K 1.01M 518.1K 2.64M 17.80%
71 2016 Matthew E. Hamel Executive Vice President, General Counsel & Secretary 493.4K 174.0K 287.5K 596.0K 227.2K 1.78M 25.96%
72 2015 Paul C. Varga Company Chairman and Chief Executive Officer 1.13M 1.46M 1.20M 4.17M 3.06M 11.02M 24.13%
73 2015 Jane C. Morreau Executive Vice President and Chief Financial Officer 544.6K 283.3K 264.0K 1.01M 876.2K 2.98M 18.40%
74 2015 Mark I. McCallum Executive Vice President, President Jack Daniel’s Brands 621.3K 280.2K 269.0K 1.00M 730.7K 2.91M 18.90%
75 2015 Jill A. Jones Executive Vice President, President, NAR, CCSA, IMEA & GTR 529.6K 244.3K 201.0K 1.07M 565.0K 2.61M 17.09%
76 2014 Paul C. Varga Chairman and Chief Executive Officer 1.11M 6.10M 925.0K 3.65M 473.9K 12.26M 57.29%
77 2014 Paul C. Varga Company Chairman and Chief Executive Officer 1.11M 6.10M 925.0K 3.65M 473.9K 12.26M 57.29%
78 2014 Donald C. Berg Retired Executive Vice President and Chief Financial Officer 596.5K 188.0K 190.0K 1.01M 1.22M 3.20M 11.81%
79 2014 Mark I. McCallum Executive Vice President, President for Europe, Africa, Middle East, Asia Pacific and Travel Retail 605.6K 312.7K 237.0K 1.10M 375.6K 2.63M 20.90%
80 2014 Mark I. McCallum Executive Vice President, President Jack Daniel’s Brands 605.6K 312.7K 237.0K 1.10M 375.6K 2.63M 20.90%
81 2014 James S. Welch, Jr. Vice Chairman, Executive Director of Corporate Affairs, Strategy, and Diversity 600.4K 288.9K 219.0K 849.7K 280.5K 2.24M 22.69%
82 2014 Jane C. Morreau Executive Vice President and Chief Financial Officer 456.5K 190.5K 137.5K 806.7K 447.5K 2.04M 16.09%
83 2014 Jill A. Jones Executive Vice President, North America and Latin America Regions 496.5K 143.5K 145.0K 853.9K 274.6K 1.91M 15.08%
84 2014 Jill A. Jones Executive Vice President, President, NAR, CCSA, IMEA & GTR 496.5K 143.5K 145.0K 853.9K 274.6K 1.91M 15.08%
85 2013 Paul C. Varga Chairman and Chief Executive Officer 1.10M 1.32M 989.9K 3.79M 2.12M 9.32M 24.74%
86 2013 Donald C. Berg Retired Executive Vice President and Chief Financial Officer 584.8K 251.3K 294.0K 1.10M 895.6K 3.13M 17.41%
87 2013 Mark I. McCallum Executive Vice President, President for Europe, Africa, Middle East, Asia Pacific and Travel Retail 584.1K 346.5K 266.0K 1.33M 492.1K 3.02M 20.28%
88 2013 James S. Welch, Jr. Vice Chairman, Executive Director of Corporate Affairs, Strategy, and Diversity 584.8K 328.3K 216.0K 872.8K 724.5K 2.73M 19.96%
89 2013 Jane C. Morreau Executive Vice President and Chief Financial Officer 404.0K 162.4K 118.7K 733.1K 504.1K 1.92M 14.63%
90 2012 Paul C. Varga Chairman and Chief Executive Officer 1.07M 1.20M 900.2K 3.21M 1.76M 8.15M 25.77%
91 2012 Donald C. Berg Retired Executive Vice President and Chief Financial Officer 569.2K 280.0K 196.0K 881.2K 712.0K 2.64M 18.04%
92 2012 Donald C. Berg Executive Vice President and Chief Financial Officer 569.2K 280.0K 196.0K 881.2K 712.0K 2.64M 18.04%
93 2012 James S. Welch, Jr. Vice Chairman, Executive Director of Corporate Affairs, Strategy, and Diversity 569.2K 280.0K 210.0K 646.8K 571.2K 2.28M 21.52%
94 2012 James S. Welch, Jr. Vice Chairman 569.2K 280.0K 210.0K 646.8K 571.2K 2.28M 21.52%
95 2012 Mark I. McCallum Executive Vice President, President for Europe, Africa, Middle East, Asia Pacific and Travel Retail 568.6K 253.8K 217.6K 780.2K 391.4K 2.21M 21.31%
96 2012 Mark I. McCallum Executive Vice President and Chief Operating Officer 568.6K 253.8K 217.5K 780.2K 391.4K 2.21M 21.31%
97 2012 Kris Sirchio Executive Vice President and Chief Marketing Officer 557.7K 132.0K 132.0K 675.9K 123.9K 1.62M 16.28%
98 2011 Paul C. Varga Chairman and Chief Executive Officer 1.04M 810.0K 1.08M 2.92M 1.23M 7.08M 26.69%
99 2011 Donald C. Berg Executive Vice President and Chief Financial Officer 553.5K 250.0K 156.3K 843.0K 421.6K 2.22M 18.26%
100 2011 James S. Welch, Jr. Vice Chairman 554.8K 187.5K 250.0K 735.0K 359.2K 2.09M 20.97%
101 2011 Mark I. McCallum Executive Vice President and Chief Operating Officer 554.4K 162.5K 162.5K 859.0K 252.1K 1.99M 16.33%
102 2010 Paul C. Varga Chairman and Chief Executive Officer 1.01M 651.0K 577.3K 3.68M 1.78M 7.70M 15.96%
103 2010 James S. Welch, Jr. Vice Chairman 546.9K 240.0K 186.2K 885.8K 694.6K 2.55M 16.69%
104 2010 Donald C. Berg Executive Vice President and Chief Financial Officer 541.7K 150.0K 212.8K 793.3K 713.3K 2.41M 15.05%
105 2010 Mark I. McCallum Executive Vice President and Chief Operating Officer 546.6K 312.5K 138.6K 973.0K 282.9K 2.25M 20.02%
106 2010 Matthew E. Hamel Executive Vice President, General Counsel and Secretary 413.4K 100.0K 177.4K 698.0K 99.0K 1.49M 18.64%
107 2009 Paul C. Varga Chairman and Chief Executive Officer 1.00M 813.8K 2.05M 151.2K 4.02M 20.26%
108 2009 James L. Bareuther Executive Vice President for Global Business Development 565.2K 301.7K 215.3K 616.9K 231.4K 1.93M 26.78%
109 2009 James S. Welch, Jr. Vice Chairman 545.6K 90.0K 155.0K 658.6K 32.2K 1.48M 16.54%
110 2009 Donald C. Berg Executive Vice President and Chief Financial Officer 539.2K 90.0K 155.0K 506.9K 38.9K 1.33M 18.42%
111 2009 Mark I. McCallum Executive Vice President and Chief Operating Officer 492.5K 135.0K 103.3K 459.2K 80.1K 1.27M 18.76%
112 2008 Paul C. Varga Chairman and Chief Executive Officer 986.1K 1.73M 3.10M 435.5K 6.25M 27.73%
113 2008 James L. Bareuther Executive Vice President for Global Business Development 550.5K 302.6K 125.6K 968.4K 340.2K 2.29M 18.72%
114 2008 James S. Welch, Jr. Vice Chairman 524.2K 202.8K 180.6K 858.9K 156.0K 1.92M 19.95%
115 2008 Mark I. McCallum Executive Vice President and Chief Operating Officer 462.3K 202.8K 120.4K 774.3K 87.6K 1.65M 19.62%
116 2007 Owsley Brown II Executive Chairman of the Corporation 957.6K 246.4K 3.28M 1.86M 6.34M 3.89%
117 2007 Paul C. Varga Chairman and Chief Executive Officer 945.0K 690.5K 2.59M 497.0K 4.72M 14.62%
118 2007 Paul C. Varga President and Chief Executive Officer 945.0K 690.5K 2.59M 497.0K 4.72M 14.62%
119 2007 James L. Bareuther Executive Vice President for Global Business Development 526.2K 204.1K 218.5K 1.08M 358.3K 2.39M 17.70%
120 2007 James L. Bareuther Chief Operating Officer 526.2K 204.1K 218.5K 1.08M 358.3K 2.39M 17.70%
121 2007 Michael B. Crutcher Vice Chairman, General Counsel and Secretary 486.8K 174.3K 1.17M 490.6K 2.32M 7.52%
122 2007 Phoebe A. Wood Vice Chairman and Chief Financial Officer 588.0K 137.5K 155.9K 982.5K 184.3K 2.05M 14.33%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-06-20 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-29 4/A
2026-05-29 4
2026-05-29 4
2026-05-29 4
2026-05-29 4
2026-05-29 4
2026-05-29 4
2026-05-29 4
2026-05-29 4
2026-05-29 4

Executive team

NameTitleCompensationGender
Lawson E. Whiting Chief Executive Officer, President & Director 4M male
Marshall Farrer Executive Chairman 2M male
James W. Peters Executive Vice President & Chief Financial Officer 1M male
Leanne D. Cunningham Executive Officer 1M female
Michael E. Carr Jr. Executive Vice President, General Counsel & Secretary 1M male
Timothy Nall Executive Vice President, Chief Global Supply Chain & Technology Officer 861.3K male
Jeremy J. Shepherd Executive Vice President & Chief Marketing Officer 856.8K male
Campbell Brown Executive Director 346.6K male
Larry Combs Chief Information Officer and Director of Supply Chain Integration & Strategy male
Susanne J. Perram Vice President & Director of Investor Relations female
Angela S. Enyard Senior Vice President & Chief Accounting Officer female
ESG Rating
B
BEVERAGES - WINERIES & DISTILLERIES
Rank: 3 out of 10
2009
E (Environmental)
63.4 / 60.1
Company / Sector avg.
S (Social)
59.8 / 60.1
Company / Sector avg.
G (Governance)
69.8 / 68.6
Company / Sector avg.
ESG Total
64.4 / 63.0
Company / Sector avg.
ESG Score History BEVERAGES - WINERIES & DISTILLERIES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits