Constellation Brands (STZ) director gets 1,114 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. director Ernesto M. Hernandez reported the vesting and conversion of 1,114 Restricted Stock Units into Class A Common Stock on July 10, 2026. 15 shares of Class A Common Stock were withheld to satisfy tax obligations. Following these transactions, he holds 3,681 Class A Common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,114 shares exercised/converted
Mixed
3 txns
Insider
Hernandez Ernesto M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,114 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,114 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 15 | $134.06 | $2K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 3,696 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. 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 net of any shares that may be withheld to satisfy taxes.
Key Figures
RSUs converted: 1,114 shares
Tax-withheld shares: 15 shares
Tax withholding price: $134.06 per share
+1 more
4 metrics
RSUs converted
1,114 shares
Restricted Stock Units converted into Class A Common Stock on 2026-07-10
Tax-withheld shares
15 shares
Class A shares withheld to satisfy tax obligations on 2026-07-10
Tax withholding price
$134.06 per share
Value per withheld share used for tax-withholding disposition
Post-transaction holdings
3,681 shares
Class A Common Stock held directly by Ernesto M. Hernandez after transactions
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security
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.
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 security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Ernesto M. Hernandez report at Constellation Brands (STZ)?
Ernesto M. Hernandez reported the conversion of 1,114 Restricted Stock Units into Class A Common Stock and a tax-withholding disposition of 15 shares. After these events, he directly owns 3,681 Class A shares of Constellation Brands.
What type of derivative security did Ernesto M. Hernandez convert at Constellation Brands (STZ)?
He converted 1,114 Restricted Stock Units, a type of derivative security, into an equal number of Class A Common shares. Under the RSU terms, vested shares are delivered net of any shares that may be withheld to satisfy tax liabilities.