Constellation Brands (NYSE: STZ) HR chief exercises RSUs, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. executive Paula Kristine Erickson, EVP & Chief HR Officer, reported routine equity compensation activity involving restricted stock units and related tax withholding.
On May 1, 2026, she exercised 1,800 Restricted Stock Units, each convertible into one share of Class A Common Stock, as disclosed in the derivative transaction coded “M”. A related non-derivative transaction coded “F” shows 506 Class A shares were withheld at $152.82 per share to satisfy tax obligations. Following these transactions, she holds 1,361 Class A shares directly, and the filing indicates previously acquired shares under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan remain included in this balance. All reported moves reflect compensation vesting and associated tax settlement rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,800 shares exercised/converted
Mixed
3 txns
Insider
Erickson Paula Kristine
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,800 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,800 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 506 | $152.82 | $77K |
Holdings After Transaction:
Restricted Stock Units — 3,596 shares (Direct, null);
Class A Common Stock — 1,867 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. Includes shares of Constellation Brands, Inc. Class A Common Stock acquired in January 2026 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan. The restricted stock units vest in three equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
Key Figures
Tax-withheld shares: 506 shares at $152.82
RSUs exercised: 1,800 Restricted Stock Units
Direct holdings after transactions: 1,361 Class A shares
+3 more
6 metrics
Tax-withheld shares
506 shares at $152.82
Class A Common Stock withheld for taxes on May 1, 2026
RSUs exercised
1,800 Restricted Stock Units
Converted into Class A Common Stock on May 1, 2026
Direct holdings after transactions
1,361 Class A shares
Shares directly owned by Paula Erickson following reported events
RSU conversion price
$0.00 per unit
Conversion or exercise price for the 1,800 RSUs
Derivative transaction count
1 derivative transaction
RSU exercise coded M in transaction summary
Tax withholding transactions
1 transaction, 506 shares
Non-derivative disposition coded F for tax liability
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Employee Stock Purchase Plan, +1 more
5 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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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 exercise/conversion financial
"Exercise or conversion of derivative security"
Employee Stock Purchase Plan financial
"acquired in January 2026 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
vest in three equal annual installments financial
"The restricted stock units vest in three equal annual installments beginning on the date specified"
FAQ
What insider transaction did STZ executive Paula Erickson report?
Paula Kristine Erickson reported routine equity compensation activity. She exercised 1,800 Restricted Stock Units into Class A Common Stock and had 506 shares withheld to cover taxes, leaving 1,361 Class A shares held directly after the reported transactions.
What do the Restricted Stock Units in the STZ Form 4 represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Constellation Brands Class A Common Stock. The RSUs reported here vested in three equal annual installments, with the vested units on May 1, 2026 converting into common shares for the executive.