STOCK TITAN

Constellation Brands (STZ) CEO awarded 7,430 performance share units vesting 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Newlands William A reported acquisition or exercise transactions in this Form 4 filing.

Constellation Brands President & CEO William A. Newlands received a grant of 7,430 Performance Share Units, each tied to one share of Class A Common Stock. The grant date reflects when performance criteria were satisfied. These units are scheduled to vest on May 1, 2026 if he remains in continuous service, with shares delivered net of tax withholding.

Positive

  • None.

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Insider Newlands William A
Role President & CEO
Type Security Shares Price Value
Grant/Award Performance Share Units 7,430 $0.00 --
Holdings After Transaction: Performance Share Units — 7,430 shares (Direct)
Footnotes (1)
  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 in continuous service with the Constellation Brands, Inc. through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.
Performance Share Units granted 7,430 units Grant of Performance Share Units to President & CEO
Underlying shares 7,430 shares Each unit represents one share of Class A Common Stock
Transaction price per unit $0.0000 Stock-based award, no cash price on grant
Vesting date May 1, 2026 Units vest if continuous service is maintained
Total units after transaction 7,430 units Holdings of Performance Share Units following this grant
Performance Share Units financial
"Each performance share unit represents a contingent right to receive one share"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
contingent right financial
"represents a contingent right to receive one share of Class A Common Stock"
vest financial
"The performance share units vest on May 1, 2026 if the reporting person remains"
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.
continuous service financial
"vest on May 1, 2026 if the reporting person remains in continuous service"
shares withheld to satisfy taxes financial
"Vested shares will be delivered on the vesting date net of shares withheld to satisfy taxes"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Newlands William A

(Last)(First)(Middle)
C/O CONSTELLATION BRANDS, INC.
50 EAST BROAD STREET

(Street)
ROCHESTER NEW YORK 14614

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units(1)04/07/2026(2)A7,430 (3) (3)Class A Common Stock7,430$07,430D
Explanation of Responses:
1. Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
2. Represents the date that the performance criteria with respect to the performance share units was satisfied.
3. The performance share units vest on May 1, 2026 if the reporting person remains in continuous service with the Constellation Brands, Inc. through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.
Remarks:
/s/ Matthew Stoloff, Attorney-in-fact04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Constellation Brands (STZ) report for William A. Newlands?

Constellation Brands reported that President & CEO William A. Newlands received 7,430 Performance Share Units. These are stock-based awards that can convert into shares of Class A Common Stock if vesting conditions, including continued service, are satisfied through the specified vesting date.

What are the key terms of the 7,430 Performance Share Units granted at Constellation Brands (STZ)?

Each of the 7,430 Performance Share Units represents a contingent right to receive one share of Class A Common Stock. The grant reflects satisfaction of performance criteria, and the units are subject to a vesting schedule that requires continued service through the vesting date before shares are delivered.

When do William A. Newlands’s Performance Share Units at Constellation Brands (STZ) vest?

The Performance Share Units are scheduled to vest on May 1, 2026. Vesting requires that William A. Newlands remain in continuous service with Constellation Brands through that date, after which vested shares will be delivered to him, reduced by shares withheld to cover applicable taxes.

How many shares could William A. Newlands receive from this Constellation Brands (STZ) award?

If vesting conditions are met, William A. Newlands could receive 7,430 shares of Class A Common Stock. Each Performance Share Unit corresponds to one share, and the shares delivered on vesting will be net of any shares withheld by the company to satisfy tax obligations.

Is the reported Constellation Brands (STZ) Form 4 transaction a market purchase or sale?

The Form 4 reflects a grant of Performance Share Units, not a market purchase or sale. It is classified as an acquisition through a grant or award, with no price per share and settlement in stock upon vesting rather than an open-market trade on the grant date.