Constellation Brands awards 2,885 RSUs to EVP
Monteiro Mallika reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Monteiro Mallika reported acquisition or exercise transactions in this Form 4 filing.
Constellation Brands, Inc. reported that executive Mallika Monteiro, EVP and MD of Beer Brands, received a grant of 2,885 restricted stock units (RSUs) linked to Class A common stock. Each RSU represents the right to receive one share if vesting conditions are met.
The RSUs vest in three equal annual installments beginning on the specified start date. On each vesting date, shares will be delivered to the executive net of any shares withheld to cover taxes. Following this grant, she holds 2,885 RSUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,885 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2. 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
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
vest financial
withheld to satisfy taxes financial
FAQ
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What insider transaction did Constellation Brands (STZ) report for Mallika Monteiro?
How many restricted stock units did STZ grant to its beer brands EVP?
How do the Constellation Brands RSUs awarded to Monteiro vest over time?
What happens to taxes on the Constellation Brands RSUs granted to the EVP?
AI-generated analysis. How Rhea-AI works. Not financial advice.