Jack Bendheim - Nov 11, 2025 Form 4 Insider Report for PHIBRO ANIMAL HEALTH CORP (PAHC)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Judith Weinstein, as Attorney-in-Fact for Jack Bendheim
Stock symbol
PAHC
Transactions as of
Nov 11, 2025
Transactions value $
-$1,365,393
Form type
4
Date filed
11/13/2025, 08:24 PM
Previous filing
Nov 10, 2025
Next filing
Nov 18, 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
BENDHEIM JACK President and CEO, Director, 10%+ Owner 300 FRANK W. BURR BLVD., STE 21, TEANECK /s/ Judith Weinstein, as Attorney-in-Fact for Jack Bendheim 2025-11-13 0001241560
BFI Co., LLC 10%+ Owner 300 FRANK W. BURR BLVD., STE 21, TEANECK /s/ Judith Weinstein, as Attorney-in-Fact for BFI Co., LLC 2025-11-13 0001601607

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAHC Class A Common Stock Conversion of derivative security $0 +15K +72.9% $0.00 35.6K Nov 11, 2025 See F1, F2
transaction PAHC Class A Common Stock Sale -$974K -21.5K -60.53% $45.23 14K Nov 12, 2025 See F2, F3, F4
transaction PAHC Class A Common Stock Sale -$317K -7.15K -50.9% $44.37 6.89K Nov 13, 2025 See F2, F3, F5
transaction PAHC Class A Common Stock Sale -$74.3K -1.65K -23.99% $44.93 5.24K Nov 13, 2025 See F2, F3, F6
holding PAHC Class A Common Stock 16.8K Nov 11, 2025 Direct F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAHC Class B Common Stock Conversion of derivative security $0 -15K -0.07% $0.00 20M Nov 11, 2025 Class A Common Stock 15K $0.00 See F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Class B Common Stock is convertible into Class A Common Stock at any time on a one-for-one basis, at the holder's election, and has no expiration date.
F2 The reported securities are directly held by BFI Co., LLC ("BFI"). Jack Bendheim, a reporting person, director and officer of Phibro Animal Health Corporation (the "Issuer"), exercises voting and dispositive power over BFI and may be deemed to have shared voting and investment power over the securities held by BFI. Mr. Bendheim disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F3 The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by BFI on May 30, 2025.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.95 to $45.85. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and in footnotes 5 and 6.
F5 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.84 to $44.78.
F6 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.86 to $45.465.
F7 The reported securities are directly held by Jack Bendheim.