Constellation Brands grants 7,372 RSUs to EVP
Sabia James A. Jr. reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,372 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2. 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
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
vest financial
withheld to satisfy taxes financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did STZ executive James A. Sabia Jr. receive in this Form 4 filing?
How many restricted stock units were granted to the STZ executive?
How do the restricted stock units for STZ’s EVP & Pres. Beer vest over time?
What stock does each restricted stock unit represent for Constellation Brands (STZ)?
How are taxes handled on the STZ restricted stock unit award?
Is this STZ Form 4 transaction an open-market stock purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.