Constellation Brands (NYSE: STZ) EVP nets shares after unit vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. EVP, MD, Beer Brands Mallika Monteiro reported compensation-related share activity in Class A Common Stock. On May 1, 2026, she exercised or converted share units into a total of 2,937 shares, reflecting vesting of restricted stock units and performance share units.
To cover tax obligations, 730 shares were disposed of at $152.82 per share through a tax-withholding transaction, rather than an open-market sale. After these transactions, she directly holds 8,776 Class A shares and indirectly holds 1 share through her husband, illustrating a routine vesting and net share acquisition rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,937 shares exercised/converted
Mixed
9 txns
Insider
Monteiro Mallika
Role
EVP, MD, Beer Brands
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 990 | $0.00 | -- |
| Exercise | Restricted Stock Units | 327 | $0.00 | -- |
| Exercise | Restricted Stock Units | 594 | $0.00 | -- |
| Exercise | Restricted Stock Units | 306 | $0.00 | -- |
| Exercise | Restricted Stock Units | 720 | $0.00 | -- |
| Exercise | Class A Common Stock | 990 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,947 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 730 | $152.82 | $112K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 7,559 shares (Direct, null);
Class A Common Stock — 1 shares (Indirect, By husband)
Footnotes (1)
- Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. Includes shares of Constellation Brands, Inc. Class A Common Stock acquired in July 2025 and January 2026 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan. Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. The performance share units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes. The restricted stock units vest in four equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes. The restricted stock units vest in three equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
Key Figures
Tax-withholding shares: 730 shares
Tax-withholding price: $152.82 per share
Shares from unit exercises: 2,937 shares
+4 more
7 metrics
Tax-withholding shares
730 shares
Disposed to cover taxes at $152.82 on May 1, 2026
Tax-withholding price
$152.82 per share
Price for 730 shares used to satisfy tax liability
Shares from unit exercises
2,937 shares
Total shares from derivative exercises/conversions on May 1, 2026
Direct holdings after transactions
8,776 shares
Class A Common Stock directly held after May 1, 2026
Indirect holdings after transactions
1 share
Class A Common Stock held indirectly through husband
RSU exercise block
720 shares
Restricted stock units converted into Class A Common Stock
Performance share unit exercise
990 shares
Performance share units converted into Class A Common Stock
Key Terms
Restricted Stock Units, Performance Share Units, tax-withholding disposition, Class A Common Stock
4 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal annual installments"
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.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
FAQ
What insider transactions did STZ executive Mallika Monteiro report?
Mallika Monteiro reported mainly compensation-related activity. She exercised or converted share units into 2,937 shares of Constellation Brands Class A stock and had 730 shares withheld to cover taxes, resulting in a higher direct share position after vesting.
What types of equity awards were involved in this STZ Form 4 filing?
The filing involves restricted stock units and performance share units. These derivative awards converted into Class A Common Stock when they vested, with each unit representing a contingent right to receive one share as described in the Form 4 footnotes.