STOCK TITAN

Constellation Brands (NYSE: STZ) CFO awarded 2,281 performance share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hankinson Garth reported acquisition or exercise transactions in this Form 4 filing.

CONSTELLATION BRANDS, INC. EVP & CFO Garth Hankinson was awarded 2,281 performance share units. Each unit represents a contingent right to receive one share of Class A Common Stock after vesting.

The performance criteria for these units were satisfied on April 7, 2026. The units vest on May 1, 2026 if he remains an employee through that date, with shares delivered net of any withheld for taxes.

Positive

  • None.

Negative

  • None.
Insider Hankinson Garth
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Performance Share Units 2,281 $0.00 --
Holdings After Transaction: Performance Share Units — 2,281 shares (Direct)
Footnotes (1)
  1. Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. Represents the date that the performance criteria with respect to the performance share units was satisfied. The performance share units vest on May 1, 2026 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.
Performance share units granted 2,281 units Award to EVP & CFO Garth Hankinson
Underlying shares per unit 1 share per unit Each unit equals one Class A Common share
Vesting date May 1, 2026 Units vest if employment continues through this date
Performance Share Units financial
"Each performance share unit represents a contingent right to receive one share"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
Class A Common Stock financial
"to receive 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
"The performance share units vest on May 1, 2026 if the reporting person remains an employee"
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hankinson Garth

(Last)(First)(Middle)
C/O CONSTELLATION BRANDS, INC.
50 EAST BROAD STREET

(Street)
ROCHESTER NEW YORK 14614

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units(1)04/07/2026(2)A2,281 (3) (3)Class A Common Stock2,281$02,281D
Explanation of Responses:
1. Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
2. Represents the date that the performance criteria with respect to the performance share units was satisfied.
3. The performance share units vest on May 1, 2026 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Matthew Stoloff, Attorney-in-fact04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Constellation Brands (STZ) CFO Garth Hankinson receive in this Form 4?

He received an award of 2,281 performance share units, each convertible into one share of Class A Common Stock upon vesting. This is a compensation-related equity grant, not an open-market stock purchase or sale.

How many Constellation Brands (STZ) shares could the new award provide?

The award covers 2,281 performance share units. Each unit represents a contingent right to receive one share of Class A Common Stock, so full vesting could result in delivery of 2,281 shares before tax withholding.

When do the performance share units for Constellation Brands (STZ) CFO vest?

The performance share units vest on May 1, 2026, provided Garth Hankinson remains an employee through that date. On vesting, shares will be delivered net of any shares withheld to satisfy tax obligations.

What performance condition was met for the Constellation Brands (STZ) PSU grant?

The filing states that April 7, 2026 represents the date when performance criteria for the performance share units were satisfied. After this, the units remain subject to a continued employment vesting requirement until May 1, 2026.

Is this Constellation Brands (STZ) Form 4 a stock sale or purchase by the CFO?

No, the Form 4 reports a grant of performance share units, a compensation award. It does not reflect an open-market stock buy or sell; any future share delivery occurs at vesting, net of tax withholding.