Constellation Brands (NYSE: STZ) awards 7,372 RSUs to EVP & Pres. Beer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sabia James A. Jr. reported acquisition or exercise transactions in this Form 4 filing.
CONSTELLATION BRANDS, INC. executive James A. Sabia Jr., EVP & Pres. Beer, received a grant of 7,372 restricted stock units. Each unit represents a contingent right to one share of Class A Common Stock and was awarded at a stated price of $0.00 per unit.
The 7,372 restricted stock units vest in three equal annual installments beginning on the specified vesting start date. On each vesting date, shares will be delivered to Sabia net of any shares withheld to satisfy tax obligations, reflecting a compensation-related equity award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sabia James A. Jr.
Role
EVP & Pres. Beer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,372 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,372 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. These restricted stock units vest in three equal annual installments beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.
Key Figures
RSUs granted: 7,372 units
Grant price per unit: $0.00
Shares underlying RSUs: 7,372 shares
+3 more
6 metrics
RSUs granted
7,372 units
Restricted stock unit award to EVP & Pres. Beer
Grant price per unit
$0.00
Stated price per restricted stock unit
Shares underlying RSUs
7,372 shares
Class A Common Stock underlying the RSUs
Shares after transaction
7,372 units
Total restricted stock units held following the award
Vesting schedule
3 annual installments
RSUs vest in three equal annual installments
First vesting-related date
May 1, 2027
Specified date associated with RSU vesting/exercise
Key Terms
Restricted Stock Units, Class A Common Stock, vest, withheld to satisfy taxes
4 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 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
"These restricted stock units vest in three equal annual installments"
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
"net of shares withheld to satisfy taxes"
FAQ
What did STZ executive James A. Sabia Jr. receive in this Form 4 filing?
James A. Sabia Jr. received 7,372 restricted stock units as an equity award. Each unit represents a contingent right to one share of Constellation Brands Class A Common Stock, forming part of his compensation rather than an open-market stock purchase.
How many restricted stock units were granted to the STZ executive?
The executive was granted 7,372 restricted stock units. These units convert into the same number of Class A Common Stock shares as they vest, giving him a direct equity interest tied to Constellation Brands’ future performance over the vesting period.
How do the restricted stock units for STZ’s EVP & Pres. Beer vest over time?
The 7,372 restricted stock units vest in three equal annual installments. This means roughly one-third of the award becomes earned each year, encouraging longer-term alignment between the executive’s interests and Constellation Brands’ performance during the multi‑year vesting schedule.
What stock does each restricted stock unit represent for Constellation Brands (STZ)?
Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. As the units vest, the corresponding shares are delivered, turning the award into actual stock ownership for the executive over time.
How are taxes handled on the STZ restricted stock unit award?
When each portion of the restricted stock units vests, shares are delivered net of those withheld to satisfy taxes. In practice, Constellation Brands withholds some shares at vesting to cover tax obligations, and the executive receives the remaining shares as compensation.
Is this STZ Form 4 transaction an open-market stock purchase or a compensation award?
This transaction is a compensation-related equity award, not an open-market purchase. The Form 4 shows a grant of 7,372 restricted stock units at a stated price of $0.00, reflecting stock-based compensation granted by Constellation Brands to its executive.