Constellation Brands chair exercises 1,114 RSUs
Christopher J. Baldwin, non-executive chair of Constellation Brands, exercised 1,114 Restricted Stock Units into Class A Common Stock at $0.00 per share on 2026-07-10.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Christopher J. Baldwin, non-executive chair of Constellation Brands, exercised 1,114 Restricted Stock Units into Class A Common Stock at $0.00 per share on 2026-07-10. Following the exercise, he holds 3,825 Class A shares directly, plus indirect holdings of 17 shares through family trusts and 15 shares held by his spouse.
Insider Trade Summary
1,114 shares exercised/converted
Exercise
2 txns
Insider
Baldwin Christopher J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,114 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 1,114 | $0.00 | $0.00 |
| Holding | Class A Common Stock | -- | -- | -- |
| Holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 3,825 shares (Direct);
Class A Common Stock — 15 shares (Indirect, By Spouse);
Class A Common Stock — 17 shares (Indirect, By Family Trusts)
Holdings Before and After:
Restricted Stock Units, 1,114 to 0 contracts (Direct);
Class A Common Stock, 2,711 to 3,825 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. Thirteen shares of Class A Common Stock are held by the B.F. 2023 Trust and four shares of Class A Common Stock are held by the L.B.B. Qualified Personal Residence Trust. These shares are held for the benefit of the reporting person's children. The reporting person's spouse is the trustee of the trusts.
- F3. 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
Restricted Stock Units exercised: 1,114 shares
Direct Class A shares after transaction: 3,825 shares
Class A shares via family trusts: 17 shares
+3 more
6 metrics
Restricted Stock Units exercised
1,114 shares
RSUs converted into Class A Common Stock on 2026-07-10
Direct Class A shares after transaction
3,825 shares
Total Class A Common Stock held directly after RSU exercise
Class A shares via family trusts
17 shares
Indirect holdings: 13 in B.F. 2023 Trust and 4 in L.B.B. Qualified Personal Residence Trust
Class A shares held by spouse
15 shares
Indirect Class A Common Stock holdings reported as owned by spouse
RSU exercise price
$0.00 per share
Price per share for Restricted Stock Units converted into Class A Common Stock
Transaction date
2026-07-10
Date the RSUs were exercised and converted into Class A Common Stock
Key Terms
Restricted Stock Units, Class A Common Stock, Qualified Personal Residence Trust, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
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
"Thirteen shares of Class A Common Stock are held by the B.F. 2023 Trust and four by the L.B.B. Qualified Personal Residence Trust."
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.
Qualified Personal Residence Trust financial
"Four shares of Class A Common Stock are held by the L.B.B. Qualified Personal Residence Trust."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Christopher J. Baldwin report for Constellation Brands (STZ)?
Christopher J. Baldwin reported exercising 1,114 Restricted Stock Units into Class A Common Stock on 2026-07-10. This derivative exercise converted equity awards into shares at $0.00 per share, increasing his directly held Class A Common Stock position to 3,825 shares.
What do the Restricted Stock Units reported for STZ represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock. All of these units vest on the specified date, and vested shares are delivered to Baldwin as of the vesting date, turning compensation units into actual stock ownership.
How are the family trust and spouse holdings in STZ structured for Baldwin?
Indirect holdings include 13 Class A shares in the B.F. 2023 Trust and 4 in the L.B.B. Qualified Personal Residence Trust, for his children’s benefit. An additional 15 Class A shares are held by his spouse, who serves as trustee of the children’s trusts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
