Constellation Brands (STZ) awards 192 performance share units to EVP
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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: 192 units
Underlying Class A shares: 192 shares
Grant price per unit: $0.00 per unit
+3 more
6 metrics
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
Key Terms
Performance Share Units, Class A Common Stock, contingent right, vest, +1 more
5 terms
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.
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.