STOCK TITAN

Constellation Brands (STZ) awards 192 performance share units to EVP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Glaetzer Samuel J reported acquisition or exercise transactions in this Form 4 filing.

CONSTELLATION BRANDS, INC. executive Samuel J. Glaetzer, EVP & President of Wine and Spirits, reported an equity compensation grant of 192 Performance Share Units. Each unit represents a contingent right to receive one share of Class A Common Stock.

The performance criteria for these units were satisfied on April 7, 2026. The units are scheduled to vest on May 1, 2026, provided he remains employed through that date. Vested shares will be delivered on vesting, after withholding some shares to cover taxes.

Positive

  • None.

Negative

  • None.
Insider Glaetzer Samuel J
Role EVP & Pres. Wine and Spirits
Type Security Shares Price Value
Grant/Award Performance Share Units 192 $0.00 --
Holdings After Transaction: Performance Share Units — 192 shares (Direct)
Footnotes (1)
  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.
Performance Share Units granted 192 units Grant/award on April 7, 2026
Underlying Class A shares 192 shares One share of Class A Common Stock per unit
Grant price per unit $0.00 per unit Equity compensation grant (no cash price)
Units held after grant 192 units Total Performance Share Units following transaction
Vesting date May 1, 2026 Units vest if employment continues through vesting date
Performance criteria satisfaction date April 7, 2026 Date performance criteria for the units were satisfied
Performance Share Units financial
"Each performance share unit represents a contingent right to receive one share"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
Class A Common Stock financial
"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.
contingent right financial
"represents a contingent right to receive one share"
vest financial
"The performance share units vest on May 1, 2026"
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.
shares withheld to satisfy taxes financial
"net of shares withheld to satisfy taxes"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Glaetzer Samuel J

(Last)(First)(Middle)
C/O CONSTELLATION BRANDS, INC.
50 EAST BROAD STREET

(Street)
ROCHESTER NEW YORK 14614

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Pres. Wine and Spirits
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units(1)04/07/2026(2)A192 (3) (3)Class A Common Stock192$0192D
Explanation of Responses:
1. Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
2. Represents the date that the performance criteria with respect to the performance share units was satisfied.
3. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Matthew Stoloff, Attorney-in-fact04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Constellation Brands (STZ) report for Samuel J. Glaetzer?

Constellation Brands reported that Samuel J. Glaetzer received a grant of 192 Performance Share Units. These units are part of his equity compensation and each represents a contingent right to receive one share of Class A Common Stock, subject to vesting conditions.

How many Performance Share Units did the Constellation Brands (STZ) executive receive?

Samuel J. Glaetzer received 192 Performance Share Units. After this grant, his reported holdings of these units total 192. Each unit is linked to one potential share of Constellation Brands Class A Common Stock, contingent upon vesting requirements being met.

When do Samuel J. Glaetzer’s Performance Share Units in Constellation Brands (STZ) vest?

The Performance Share Units are scheduled to vest on May 1, 2026. Vesting will occur only if Samuel J. Glaetzer remains an employee through that date, aligning the compensation with continued service at Constellation Brands.

What performance condition was met for the Constellation Brands (STZ) Performance Share Units?

The company indicates that the performance criteria for the Performance Share Units were satisfied on April 7, 2026. This means the required performance goals were achieved, allowing the units to remain outstanding subject to time-based vesting conditions.

How will taxes be handled on the vested Constellation Brands (STZ) Performance Share Units?

When the Performance Share Units vest, Constellation Brands will deliver shares on the vesting date net of shares withheld for taxes. This means some shares will be retained by the company to cover tax obligations instead of requiring a separate cash payment.

What does each Performance Share Unit in Constellation Brands (STZ) represent?

Each Performance Share Unit represents a contingent right to receive one share of Constellation Brands Class A Common Stock. The right becomes actual shares only when both the performance conditions and the vesting requirement, including continued employment, are satisfied.