Constellation Brands (STZ) beer segment EVP awarded 1,375 performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sabia James A. Jr. reported acquisition or exercise transactions in this Form 4 filing.
CONSTELLATION BRANDS, INC. executive James A. Sabia Jr., EVP & President, Beer, was granted 1,375 Performance Share Units tied to Class A Common Stock. Each unit represents a contingent right to receive one share if performance goals are met and employment continues through May 1, 2026.
The performance criteria for these units were satisfied on April 7, 2026, and the units will vest on May 1, 2026. Shares will be delivered on the vesting date, reduced by shares withheld to cover taxes, and the reporting person holds 1,375 such units after this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sabia James A. Jr.
Role
EVP & Pres. Beer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 1,375 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 1,375 shares (Direct)
Footnotes (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.
Key Figures
Performance Share Units granted: 1,375 units
Underlying shares per unit: 1 share per unit
Units after transaction: 1,375 units
+2 more
5 metrics
Performance Share Units granted
1,375 units
Grant to EVP & Pres. Beer on April 7, 2026
Underlying shares per unit
1 share per unit
Each unit equals one Class A Common Stock share
Units after transaction
1,375 units
Total Performance Share Units held following grant
Vesting date
May 1, 2026
Units vest if employment continues through this date
Performance criteria satisfaction date
April 7, 2026
Date performance conditions for the units were satisfied
Key Terms
Performance Share Units, Class A Common Stock, vest, contingent right, +1 more
5 terms
Class A Common Stock financial
"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.
contingent right financial
"represents a contingent right to receive one share of Constellation Brands"