How many performance share units did STZ grant to Michael McGrew?

Constellation Brands granted 757 performance share units to Michael McGrew. These units convert to an equal number of Class A common shares upon vesting, assuming employment conditions and prior performance criteria are satisfied.

When do Michael McGrew’s STZ performance share units vest?

The performance share units vest on May 1, 2026, if Michael McGrew remains an employee through that date. Once vested, the corresponding Class A shares will be delivered to him, net of shares withheld for taxes.

Constellation Brands (STZ) EVP awarded 757 performance share units set to vest 2026

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McGrew Michael reported acquisition or exercise transactions in this Form 4 filing.

CONSTELLATION BRANDS, INC. executive Michael McGrew, EVP and Chief Communications, CSR and Inclusion Officer, reported a compensation-related award of 757 performance share units. Each unit represents a contingent right to receive one share of Class A common stock.

The performance criteria for these units were satisfied on April 7, 2026, and the units are scheduled to vest on May 1, 2026, if he remains an employee through that date. Vested shares will be delivered on vesting, with a portion withheld to cover applicable taxes.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McGrew Michael

Role EVP, Chief Com, CSR, Incl Off

Type	Security	Shares	Price	Value
Grant/Award	Performance Share Units	757	$0.00	--

Holdings After Transaction: Performance Share Units — 757 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: 757 units Underlying Class A shares: 757 shares Grant transaction price: $0.00 per unit +2 more

5 metrics

Performance share units granted 757 units Award reported for Michael McGrew

Underlying Class A shares 757 shares Each unit equals one Class A common share

Grant transaction price $0.00 per unit Compensation grant, no purchase price paid

Vesting date May 1, 2026 Units vest if employment continues through this date

Performance satisfaction date April 7, 2026 Date performance criteria for the units were satisfied

Key Terms

Performance Share Units, contingent right, performance criteria, vest, +1 more

5 terms

contingent right financial

"represents a contingent right to receive one share of Constellation Brands"

performance criteria financial

"Represents the date that the performance criteria with respect to the performance share units was satisfied"

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.

withheld to satisfy taxes financial

"Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes"

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 04:38 PM

SEC Form 4

FORM 4

UNITED 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^*

McGrew Michael

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Com, CSR, Incl Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Share Units	⁽¹⁾	04/07/2026⁽²⁾		A		757		⁽³⁾	⁽³⁾	Class A Common Stock	757	$0	757	D

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 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Matthew Stoloff, Attorney-in-fact	04/09/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did STZ executive Michael McGrew report?

Michael McGrew reported receiving 757 performance share units as equity compensation. Each unit is a contingent right to one share of Constellation Brands Class A common stock, subject to vesting conditions and continued employment.

Were performance goals for Michael McGrew’s STZ awards met?

Yes. The filing states that the performance criteria for the performance share units were satisfied as of April 7, 2026. After this, the remaining condition for vesting is McGrew’s continued employment until May 1, 2026.

Will all STZ shares from the award be delivered to Michael McGrew?

No. While 757 shares are tied to the units, the filing notes vested shares will be delivered net of shares withheld to satisfy taxes. Some shares will be retained by the company to cover McGrew’s tax obligations.