Constellation Brands (NYSE: STZ) EVP granted 990 performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monteiro Mallika reported acquisition or exercise transactions in this Form 4 filing.
CONSTELLATION BRANDS, INC. executive Mallika Monteiro received a compensation grant of 990 Performance Share Units tied to the company’s Class A Common Stock. Each unit represents the right to receive one share if conditions are met.
The performance criteria for these units were satisfied as of April 7, 2026, and the units are scheduled to vest on May 1, 2026, provided she remains an employee through that date. On vesting, shares will be delivered net of shares withheld to cover taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Monteiro Mallika
Role
EVP, MD, Beer Brands
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 990 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 990 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: 990 units
Underlying shares: 990 shares
Vesting date: May 1, 2026
+1 more
4 metrics
Performance Share Units granted
990 units
Award of Performance Share Units to EVP on April 7, 2026
Underlying shares
990 shares
Each unit represents one share of Class A Common Stock
Vesting date
May 1, 2026
Units vest if employment continues through this date
Performance criteria satisfaction date
April 7, 2026
Date performance criteria for the units were satisfied
Key Terms
Performance Share Units, Class A Common Stock, vest, net of shares withheld to satisfy taxes
4 terms
Class A Common Stock financial
"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.
vest financial
"The performance share units vest on May 1, 2026 if the reporting person remains an employee"
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.
FAQ
What insider transaction did STZ executive Mallika Monteiro report?
She reported a grant of 990 Performance Share Units as compensation. These derivative awards give her the contingent right to receive Class A Common Stock if vesting conditions are met and she remains employed through the specified vesting date.