Constellation Brands director exercises 1,114 RSUs
CONSTELLATION BRANDS, INC. director Jose Manuel Madero Garza reported equity compensation activity involving restricted stock units on July 10, 2026.
Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. director Jose Manuel Madero Garza reported equity compensation activity involving restricted stock units on July 10, 2026. 1,114 restricted stock units were converted into Class A Common Stock, and a tax-withholding disposition of 311 shares occurred at $134.06 per share. Reported direct holdings were 3,193 Class A shares following the RSU conversion and 2,882 shares following the tax-withholding transaction. Footnotes state that each restricted stock unit represents a contingent right to receive one Class A share and that vested shares are delivered net of shares withheld to satisfy taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,114 shares exercised/converted
Exercise
3 txns
Insider
Madero Garza Jose Manuel
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 |
| Exercise Price or Tax Liability | Class A Common Stock | 311 | $134.06 | $42K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 2,882 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 net of any shares that may be withheld to satisfy taxes.
Key Figures
RSUs converted to Class A Common Stock: 1,114 shares
Shares withheld for taxes: 311 shares
Price for tax-withholding shares: $134.06 per share
+2 more
5 metrics
RSUs converted to Class A Common Stock
1,114 shares
Restricted stock units converted into Class A Common Stock on July 10, 2026
Shares withheld for taxes
311 shares
Tax-withholding disposition of Class A Common Stock at $134.06 per share
Price for tax-withholding shares
$134.06 per share
Applied to 311 Class A shares delivered for tax obligations
Holdings after RSU conversion
3,193 shares
Direct Class A Common Stock holdings following the RSU conversion transaction
Holdings after tax withholding
2,882 shares
Direct Class A Common Stock holdings following the tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, 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.
tax-withholding disposition financial
"Vested shares will be delivered ... net of any shares that may be withheld to satisfy taxes."
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.
derivative security financial
"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.
contingent right financial
"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 insider equity transactions did STZ director Jose Manuel Madero Garza report?
Jose Manuel Madero Garza reported equity compensation-related transactions, not open-market trades, on July 10, 2026. 1,114 restricted stock units converted into Class A Common Stock, and 311 shares were withheld in a tax-withholding disposition tied to that vesting.
What do the M and F transaction codes mean in the STZ Form 4?
Code M indicates the exercise or conversion of a derivative security, here restricted stock units converting into Class A shares. Code F indicates a tax-withholding disposition, where shares are delivered to cover tax liabilities rather than sold on the open market.
How do restricted stock units work for Constellation Brands (STZ) insiders?
Each restricted stock unit represents a contingent right to receive one Class A Common share. All such units in this award vest on a specified date, and vested shares are delivered net of any shares withheld to satisfy the reporting person’s tax obligations at vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
