Constellation Brands (NYSE: STZ) grants 2,885 RSUs to beer EVP
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Monteiro Mallika
Role
EVP, MD, Beer Brands
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,885 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,885 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: 2,885 units
Grant price per RSU: $0.00 per unit
Underlying shares: 2,885 shares
+2 more
5 metrics
RSUs granted
2,885 units
Grant of restricted stock units to EVP on April 24, 2026
Grant price per RSU
$0.00 per unit
Compensation award, not an open‑market purchase
Underlying shares
2,885 shares
Each RSU represents one share of Class A common stock
Holdings after grant
2,885 RSUs
Total restricted stock units held following the reported transaction
Vesting schedule
Three equal annual installments
RSUs vest in three annual tranches beginning on the specified date
Key Terms
Restricted Stock Units, Class A Common Stock, vest, 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
"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.
withheld to satisfy taxes financial
"net of shares withheld to satisfy taxes"
FAQ
What insider transaction did Constellation Brands (STZ) report for Mallika Monteiro?
Constellation Brands reported a grant of 2,885 restricted stock units to executive Mallika Monteiro. These RSUs represent potential future shares of Class A common stock, delivered only if vesting conditions are met over a multi‑year schedule.
How many restricted stock units did STZ grant to its beer brands EVP?
The company granted 2,885 restricted stock units to its EVP and MD, Beer Brands. Each unit is tied to one share of Class A common stock, providing equity-based compensation that vests gradually rather than an immediate stock purchase.
How do the Constellation Brands RSUs awarded to Monteiro vest over time?
The RSUs vest in three equal annual installments beginning on the specified vesting start date. At each vesting date, Constellation Brands delivers Class A shares to her, after withholding some shares to satisfy tax obligations associated with the vesting.
What happens to taxes on the Constellation Brands RSUs granted to the EVP?
When each installment of RSUs vests, shares are delivered net of tax withholding. This means Constellation Brands retains a portion of the vested shares to cover required taxes, and the executive receives the remaining shares as equity compensation.