Constellation Brands EVP sells 4,407 STZ shares

CONSTELLATION BRANDS, INC. executive James O. Bourdeau, EVP and Senior Advisor, sold 4,407 shares of Class A Common Stock in an open-market transaction at $143.24 per share on May 12, 2026.

Rhea-AI Filing Summary

CONSTELLATION BRANDS, INC. executive James O. Bourdeau, EVP and Senior Advisor, sold 4,407 shares of Class A Common Stock in an open-market transaction at $143.24 per share on May 12, 2026. After this sale, he directly holds 9,109 shares.

Insights

Equity analyst

Routine open-market sale by EVP with meaningful remaining stake.

EVP and Senior Advisor James O. Bourdeau sold 4,407 shares of Constellation Brands Class A Common Stock at $143.24 per share in an open-market transaction. This is a straightforward sale coded as an "S" transaction.

Following the sale, Bourdeau directly holds 9,109 shares, indicating he retains a sizable equity position. With no derivative positions shown and only a single sale disclosed, this looks like a routine liquidity move rather than a transformational change in insider ownership.

Insider Trade Summary

Net Seller: 4,407 shares

Net Sell 1 txn

Insider Bourdeau James O.

Role EVP and Senior Advisor

Sold 4,407 shs ($631K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	4,407	$143.24	$631K

Holdings After Transaction: Class A Common Stock — 9,109 shares (Direct)

Key Figures

Shares sold: 4,407 shares Sale price per share: $143.24 per share Shares owned after transaction: 9,109 shares +1 more

4 metrics

Shares sold 4,407 shares Open-market sale of Class A Common Stock

Sale price per share $143.24 per share Price for 4,407 shares sold

Shares owned after transaction 9,109 shares Direct holdings post-sale

Transaction code S Sale in open market or private transaction

Key Terms

Class A Common Stock, open-market sale, Form 4, transaction code "S"

4 terms

Class A Common Stock financial

"security_title: "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.

open-market sale financial

"transaction_action: "open-market sale""

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

transaction code "S" regulatory

"transaction_code_description: "Sale in open market or private transaction""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Constellation Brands (STZ) report for James O. Bourdeau?

Constellation Brands reported that EVP and Senior Advisor James O. Bourdeau sold 4,407 shares of Class A Common Stock. The sale was an open-market transaction coded as “S,” indicating a standard sale rather than an option exercise or other derivative-related event.

At what price did James O. Bourdeau sell Constellation Brands (STZ) shares?

James O. Bourdeau sold 4,407 Constellation Brands Class A shares at $143.24 per share. This was an open-market sale, meaning the shares were sold directly into the market rather than through a private agreement or option exercise structure.

How many Constellation Brands (STZ) shares does James O. Bourdeau hold after this sale?

After the transaction, James O. Bourdeau directly holds 9,109 shares of Constellation Brands Class A Common Stock. This remaining position shows he continues to maintain a notable equity stake in the company following the disclosed open-market sale.

Was the Constellation Brands (STZ) insider trade by James O. Bourdeau a buy or a sell?

The transaction reported for James O. Bourdeau was a sell. It is classified as an open-market sale, with 4,407 shares of Constellation Brands Class A Common Stock sold under transaction code “S,” which denotes a sale in open market or private transaction.

Did the Constellation Brands (STZ) Form 4 show any derivative security activity for James O. Bourdeau?

The Form 4 data show no derivative security transactions for James O. Bourdeau. The filing only reports a single non-derivative open-market sale of 4,407 Class A Common Stock shares, with no options or other derivative positions listed in the derivativeSummary section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/13/2026 - 04:44 PM Learn about SEC filing dates

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^*

Bourdeau James O.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and Senior Advisor

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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	05/12/2026		S		4,407	D	$143.24	9,109	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:

	/s/ Matthew Stoloff, Attorney-in-fact	05/13/2026
	** 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)