Constellation Brands (STZ) EVP granted 127 performance share units vesting 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LaBarge Jeffrey H. reported acquisition or exercise transactions in this Form 4 filing.
Constellation Brands EVP and CLO Jeffrey H. LaBarge received a grant of 127 performance share units. Each unit represents a contingent right to one share of Class A Common Stock. The units vest on May 1, 2026 if he remains employed, with shares delivered net of tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LaBarge Jeffrey H.
Role
EVP, CLO, & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 127 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 127 shares (Direct)
Footnotes (1)
- Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. Represents the date that the performance criteria with respect to the performance share units was satisfied. The performance share units vest on May 1, 2026 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.
Key Figures
Performance share units granted: 127 units
Shares underlying units: 127 shares
Vesting date: May 1, 2026
+2 more
5 metrics
Performance share units granted
127 units
Grant reported on Form 4; each unit equals one Class A share
Shares underlying units
127 shares
Each performance share unit represents one Class A Common share
Vesting date
May 1, 2026
Units vest if the executive remains an employee through this date
Price per unit
$0.00
Grant/award acquisition with no exercise price reported
Units held after grant
127 units
Total performance share units following the reported transaction
Key Terms
Performance Share Units, Class A Common Stock, Grant, award, or other acquisition, vest, +1 more
5 terms
Class A Common Stock financial
"underlying_security_title": "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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vest financial
"The performance share units vest on May 1, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.