Constellation Brands (NYSE: STZ) grants 5,289 RSUs to wine and spirits EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glaetzer Samuel J reported acquisition or exercise transactions in this Form 4 filing.
Constellation Brands, Inc. reported that EVP & President, Wine and Spirits, Samuel J. Glaetzer received a grant of 5,289 restricted stock units on April 24, 2026. Each unit represents one share of Class A Common Stock and will vest in three equal annual installments beginning on May 1, 2027.
Vested shares will be delivered on each vesting date after shares are withheld to cover taxes. Following this award, Glaetzer holds 5,289 restricted stock units directly, reflecting routine equity compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glaetzer Samuel J
Role
EVP & Pres. Wine and Spirits
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,289 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,289 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. 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
RSU grant size: 5,289 units
Grant price: $0.0000 per unit
Underlying shares: 5,289 shares
+2 more
5 metrics
RSU grant size
5,289 units
Restricted Stock Units granted on April 24, 2026
Grant price
$0.0000 per unit
Compensation-related award, not open-market purchase
Underlying shares
5,289 shares
Class A Common Stock underlying the RSUs
Post-transaction RSU holdings
5,289 units
Total restricted stock units held after grant
Initial vesting date
May 1, 2027
First of three equal annual vesting installments
Key Terms
Restricted Stock Units, Class A Common Stock, vest, shares withheld to satisfy taxes
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 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
"These restricted stock units vest in three equal annual installments"
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.
FAQ
What did Constellation Brands (STZ) disclose about Samuel J. Glaetzer in this Form 4?
Constellation Brands disclosed that EVP & President, Wine and Spirits, Samuel J. Glaetzer received 5,289 restricted stock units as equity compensation. Each unit represents one share of Class A Common Stock, vesting over three years, highlighting a long-term incentive rather than a cash bonus.
How many restricted stock units did STZ grant to Samuel J. Glaetzer?
Samuel J. Glaetzer was granted 5,289 restricted stock units. These units are tied to Constellation Brands Class A Common Stock and will vest in three equal annual installments, giving him a time-based incentive that aligns his compensation with the company’s long-term share performance.
What is the vesting schedule for Samuel J. Glaetzer’s STZ restricted stock units?
The 5,289 restricted stock units vest in three equal annual installments beginning on May 1, 2027. On each vesting date, shares will be delivered to Glaetzer after the company withholds some shares to satisfy applicable tax obligations, gradually converting awards into stock ownership.
Is Samuel J. Glaetzer’s Form 4 for STZ an open-market stock purchase or sale?
No, this Form 4 reflects a grant of restricted stock units, not an open-market purchase or sale. The award is a compensation-related acquisition with a zero grant price, vesting over time, and shares will be delivered net of shares withheld to cover associated taxes.
How many STZ restricted stock units does Samuel J. Glaetzer hold after this transaction?
After this transaction, Samuel J. Glaetzer directly holds 5,289 restricted stock units. These units convert into an equal number of Class A Common shares as they vest, providing him with potential future ownership that depends on continued service through each vesting date.