Constellation Brands (NYSE: STZ) awards 1,400 RSUs to director Daniels
Rhea-AI Filing Summary
Daniels Jennifer reported acquisition or exercise transactions in this Form 4 filing.
CONSTELLATION BRANDS, INC. reported that director Jennifer Daniels received a grant of 1,400 restricted stock units, each representing one share of Class A Common Stock. These RSUs are held directly and are scheduled to vest on July 10, 2027, when the underlying shares will be delivered.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Daniels Jennifer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 1,400 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,400 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date.
Key Figures
Restricted stock units granted: 1,400 units
Underlying Class A shares: 1,400 shares
Vesting date: 2027-07-10
+1 more
4 metrics
Restricted stock units granted
1,400 units
Grant of restricted stock units to director Jennifer Daniels
Underlying Class A shares
1,400 shares
Each restricted stock unit represents one share of Class A Common Stock
Vesting date
2027-07-10
Date on which all reported restricted stock units vest and shares are delivered
Holdings after transaction
1,400 units
Total restricted stock units held directly after the grant
Key Terms
Restricted Stock Units, Class A Common Stock, vest
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
Class A Common Stock financial
"one share of 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.
vest financial
"All of these restricted stock units vest on the date specified."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Constellation Brands (STZ) grant to Jennifer Daniels?
Constellation Brands granted 1,400 restricted stock units to director Jennifer Daniels. Each unit represents a contingent right to receive one share of Class A Common Stock upon vesting and share delivery on the specified vesting date.
When do Jennifer Daniels's Constellation Brands (STZ) restricted stock units vest?
All of the reported restricted stock units vest on 2027-07-10. On the vesting date, the vested shares of Class A Common Stock will be delivered to Jennifer Daniels, according to the disclosure language.
Is Jennifer Daniels's RSU grant a market purchase of Constellation Brands (STZ) stock?
No, it is a grant of restricted stock units, not a market purchase. The transaction code indicates an award at a stated price of $0.0000 per unit, reflecting equity compensation rather than an open-market buy.