Constellation Brands (NYSE: STZ) awards 1,400 restricted stock units to director
Rhea-AI Filing Summary
SANDS RICHARD reported acquisition or exercise transactions in this Form 4 filing.
Constellation Brands director and 10% owner Richard Sands received a grant of 1,400 restricted stock units on 2026-07-22. Each unit represents a contingent right to receive one share of Class A Common Stock, with all 1,400 units scheduled to vest on 2027-07-10.
After this award, Sands holds 1,400 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SANDS RICHARD
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 1,400 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,400 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date.
Key Figures
Restricted stock units granted: 1,400 units
Price per unit: $0.0000 per share
RSUs outstanding after grant: 1,400 units
+1 more
4 metrics
Restricted stock units granted
1,400 units
Grant to Richard Sands on 2026-07-22
Price per unit
$0.0000 per share
Stated grant price for restricted stock units
RSUs outstanding after grant
1,400 units
Restricted stock units held directly by Richard Sands after the transaction
Underlying Class A shares
1,400 shares
Class A Common Stock deliverable upon vesting of the RSUs
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right to receive, vesting date
4 terms
Restricted Stock Units financial
"The security is described as Restricted Stock Units."
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
"Underlying security title is 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 to receive financial
"Each restricted stock unit represents a contingent right to receive one share..."
vesting date financial
"Vested shares will be delivered... as of the vesting date."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Constellation Brands (STZ) report for Richard Sands?
Constellation Brands reported that director and 10% owner Richard Sands received 1,400 restricted stock units on 2026-07-22. These RSUs each correspond to one share of Class A Common Stock and are structured as a grant rather than an open-market purchase.
How many restricted stock units did Richard Sands receive from Constellation Brands (STZ)?
Richard Sands received 1,400 restricted stock units. Following this grant, he directly holds 1,400 RSUs, each representing a contingent right to receive one share of Class A Common Stock once the vesting conditions are satisfied.
When do Richard Sands' Constellation Brands (STZ) restricted stock units vest?
All of Richard Sands’ granted restricted stock units are scheduled to vest on 2027-07-10. On the vesting date, the vested units will be settled in shares and delivered to him in the form of Class A Common Stock.
What does each of Richard Sands' Constellation Brands (STZ) RSUs represent?
Each restricted stock unit represents a contingent right to receive one share of Constellation Brands Class A Common Stock. Delivery of these shares occurs when the units vest, according to the specified vesting date and conditions.
Was Richard Sands’ Constellation Brands (STZ) transaction a purchase or a grant?
The filing classifies the transaction as a grant or award acquisition, not a market purchase. Sands received 1,400 restricted stock units at a stated price of $0.0000 per share, consistent with equity-based compensation awards rather than an open-market buy.