Constellation Brands director gains 1,114 shares
CONSTELLATION BRANDS, INC. director William T. Giles reported the vesting of 1,114 restricted stock units, which were settled into 1,114 shares of Class A Common Stock at no cash cost through an exercise of derivative securities.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. director William T. Giles reported the vesting of 1,114 restricted stock units, which were settled into 1,114 shares of Class A Common Stock at no cash cost through an exercise of derivative securities.
Following the transaction, he holds 3,080 Class A Common shares directly. No open-market purchases or sales were reported.
Insider Trade Summary
1,114 shares exercised/converted
Exercise
2 txns
Insider
GILES WILLIAM T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,114 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 1,114 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 3,080 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 1,114 to 0 contracts (Direct);
Class A Common Stock, 1,966 to 3,080 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date.
Key Figures
RSUs vested and converted: 1,114 shares
Class A shares after transaction: 3,080 shares
Exercise transactions: 1
+1 more
4 metrics
RSUs vested and converted
1,114 shares
Restricted Stock Units converted into Class A Common Stock on 2026-07-10
Class A shares after transaction
3,080 shares
Direct holdings of Class A Common Stock following 2026-07-10 transactions
Exercise transactions
1
Number of derivative exercises (code M) reported for William T. Giles
Derivative shares exercised
1,114 shares
Shares underlying derivative security exercised or converted on 2026-07-10
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, vesting date
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
"to receive one share of 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.
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting date financial
"Vested shares will be delivered to the reporting person as of the vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Constellation Brands (STZ) director William T. Giles report?
William T. Giles reported the vesting and exercise of 1,114 restricted stock units, which were settled into 1,114 shares of Class A Common Stock at no cash cost, as shown in his Form 4 filing.
Were there any open-market stock purchases or sales by William T. Giles in this Constellation Brands (STZ) Form 4?
No. The Form 4 shows only a derivative exercise/RSU vesting converting units into Class A shares, with no open-market purchases or sales reported in this filing for William T. Giles.
What does each restricted stock unit represent in the Constellation Brands (STZ) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Constellation Brands Class A Common Stock, and vested shares are delivered to the reporting person as of the vesting date, according to the footnotes.
On what date did William T. Giles’s restricted stock units vest at Constellation Brands (STZ)?
The restricted stock units vested and were exercised on July 10, 2026. On that date, 1,114 units were converted into an equal number of Class A Common shares for William T. Giles.
AI-generated analysis. How Rhea-AI works. Not financial advice.
