Constellation CFO exercises 7,530 share units
CONSTELLATION BRANDS, INC.
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Form Type
4
Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. EVP & CFO Garth Hankinson reported routine equity compensation activity involving Class A Common Stock. He exercised derivative awards covering 7,530 shares of Class A stock through the conversion of restricted stock units and performance share units, consistent with their vesting terms. To cover related tax obligations, 3,043 shares of Class A Common Stock were disposed of at $152.82 per share as a tax-withholding transaction, rather than an open-market sale. The filing reflects compensation-related vesting and settlement, not discretionary open-market buying or selling.
Insider Trade Summary
7,530 shares exercised/converted
Exercise
8 txns
Insider
Hankinson Garth
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 2,281 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 754 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,368 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 879 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,248 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,281 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,249 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 3,043 | $152.82 | $465K |
Holdings After Transaction:
Performance Share Units — 0 contracts (Direct);
Restricted Stock Units — 5,375 contracts (Direct);
Class A Common Stock — 18,286 shares (Direct)
Footnotes (5)
- F1. Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2. Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F3. The performance share units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
- F4. The restricted stock units vest in four equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
- F5. The restricted stock units vest in three equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
Key Figures
Shares exercised: 7,530 shares
Tax-withheld shares: 3,043 shares
Tax-withholding price: $152.82 per share
+2 more
5 metrics
Shares exercised
7,530 shares
Derivative exercises (RSUs and PSUs) reported for Class A Common Stock
Tax-withheld shares
3,043 shares
Shares disposed of to satisfy tax obligations on vesting
Tax-withholding price
$152.82 per share
Price used for 3,043-share tax-withholding disposition of Class A stock
Exercise transactions
5 derivative exercises
Count of derivative exercises (M-code) in the transaction summary
Tax-withholding transactions
1 transaction
Single F-code tax-withholding disposition reported
Key Terms
Restricted Stock Units, Performance Share Units, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Constellation Brands (STZ) CFO Garth Hankinson report in this Form 4?
Constellation Brands EVP & CFO Garth Hankinson reported equity compensation activity, exercising awards for 7,530 Class A shares and disposing of 3,043 shares to satisfy tax obligations at $152.82 per share, rather than executing an open-market trade.
What types of equity awards were involved for Constellation Brands (STZ) CFO?
The transactions involve Restricted Stock Units and Performance Share Units. Each unit represents a contingent right to receive one share of Constellation Brands Class A Common Stock once the relevant vesting or performance conditions have been satisfied.
Is this Constellation Brands (STZ) Form 4 filing a routine compensation event?
Yes. The activity reflects vesting and conversion of restricted stock units and performance share units, plus a tax-withholding disposition. Such transactions are typically part of ongoing executive compensation programs rather than strategic buying or selling of shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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