Constellation Brands (NYSE: STZ) grants 3,526 RSUs to HR chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erickson Paula Kristine reported acquisition or exercise transactions in this Form 4 filing.
CONSTELLATION BRANDS, INC. executive Paula Kristine Erickson, EVP & Chief HR Officer, received a grant of 3,526 restricted stock units. Each unit represents a contingent right to receive one share of Class A Common Stock. The award vests in three equal annual installments, with shares delivered net of shares withheld to satisfy taxes as each tranche vests. Following this grant, she holds 3,526 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Erickson Paula Kristine
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,526 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,526 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
RSUs granted: 3,526 units
Underlying shares: 3,526 shares
Exercise price: $0.00 per unit
+1 more
4 metrics
RSUs granted
3,526 units
Restricted Stock Units granted to EVP & Chief HR Officer
Underlying shares
3,526 shares
Class A Common Stock underlying the RSUs
Exercise price
$0.00 per unit
Conversion or exercise price for the restricted stock units
Holdings after grant
3,526 units
Total restricted stock units held following this transaction
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 insider transaction did Constellation Brands (STZ) report for Paula Kristine Erickson?
Constellation Brands reported that EVP & Chief HR Officer Paula Kristine Erickson received 3,526 restricted stock units. These RSUs are compensation, not an open‑market purchase or sale, and each unit is tied to one share of Class A Common Stock.
How many restricted stock units did the Constellation Brands (STZ) executive receive?
Paula Kristine Erickson received 3,526 restricted stock units. This entire amount represents a new grant, and after the grant her reported derivative holdings consist of these 3,526 RSUs linked to Constellation Brands Class A Common Stock.
How do the Constellation Brands (STZ) restricted stock units for Paula Erickson vest?
The restricted stock units vest in three equal annual installments beginning on a specified date. As each portion vests, the corresponding shares of Class A Common Stock will be delivered to Paula Erickson, net of shares withheld to cover applicable taxes.
What does each restricted stock unit represent in the Constellation Brands (STZ) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock. Delivery occurs as the units vest over time, effectively turning the RSUs into actual shares for the reporting executive.
Does the Constellation Brands (STZ) Form 4 show a stock purchase or sale by Paula Erickson?
The Form 4 shows a grant of 3,526 restricted stock units to Paula Erickson, categorized as a grant or award acquisition. It does not report any open‑market stock purchases or sales; it reflects equity-based compensation instead.