Director at Constellation Brands (NYSE: STZ) sells 2,000 shares

Rhea-AI Filing Summary

Constellation Brands director Ernesto M. Hernandez sold 2,000 shares of Class A Common Stock in an open-market transaction. The sale took place on April 27, 2026 at an average price of $153.915 per share. Following this transaction, Hernandez directly holds 2,582 Class A shares.

Insider Trade Summary

Net Seller: 2,000 shares ($307,830)

Net Sell 1 txn

Insider Hernandez Ernesto M

Role null

Sold 2,000 shs ($308K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,000	$153.915	$308K

Holdings After Transaction: Class A Common Stock — 2,582 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 2,000 shares Sale price per share: $153.915 Shares held after transaction: 2,582 shares

3 metrics

Shares sold 2,000 shares Open-market sale of Class A Common Stock on April 27, 2026

Sale price per share $153.915 Average price for the 2,000 shares sold

Shares held after transaction 2,582 shares Direct holdings of Class A Common Stock after the sale

Key Terms

Form 4, open-market sale, Class A Common Stock, non-derivative

4 terms

Form 4 regulatory

"This insider transaction was reported on Form 4 as required by SEC rules."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

open-market sale financial

"The filing classifies the transaction as an open-market sale of non-derivative shares."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"Hernandez sold 2,000 shares of Constellation Brands 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.

non-derivative financial

"The 2,000-share transaction involves non-derivative Class A Common Stock only."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Hernandez Ernesto M

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/27/2026		S		2,000	D	$153.915	2,582	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Matthew Stoloff, Attorney-in-fact	04/28/2026
	** Signature of Reporting Person	Date
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 STZ director Ernesto M. Hernandez report?

Ernesto M. Hernandez reported an open-market sale of 2,000 shares of Constellation Brands Class A Common Stock. The transaction was disclosed on Form 4 and reflects a direct ownership change in his personal holdings.

How many Constellation Brands (STZ) shares did the director sell and at what price?

Hernandez sold 2,000 shares of Constellation Brands Class A Common Stock at an average price of $153.915 per share. This Form 4 filing shows a straightforward open-market sale of non-derivative shares.

How many Constellation Brands (STZ) shares does the director hold after the sale?

After the 2,000-share sale, Hernandez directly holds 2,582 shares of Constellation Brands Class A Common Stock. The Form 4 indicates these are non-derivative holdings under direct ownership, with no derivative positions reported.

Was the Constellation Brands (STZ) insider transaction an open-market sale?

Yes. The Form 4 classifies the transaction as an open-market sale of non-derivative Class A Common Stock. It is coded as an “S” transaction, described as a sale in open market or private transaction at $153.915 per share.

Does the Constellation Brands (STZ) Form 4 show any option exercises or derivatives?

No. The Form 4 only reports a non-derivative sale of 2,000 Class A Common shares. The derivativeSummary section is empty, indicating no options, warrants, or other derivative securities were exercised or reported in this filing.