Molson Coors (TAP): Adolph Coors CO LLC reports major family trust holdings

Rhea-AI Filing Summary

Adolph Coors CO LLC, a more than ten-percent owner of Molson Coors Beverage Co, reports initial holdings of Class A and Class B Common Stock. It indirectly holds 21,222,798 shares of Class B and 2,520,000 shares of Class A through family trusts and entities, and directly holds 300,000 Class B shares. The filing notes a restructuring of family trusts and entities completed on June 30, 2026, and states that Class A shares are convertible into Class B on a one-for-one basis under a Class A Common Stock Voting Trust Agreement.

Insights

Corporate governance analyst

Large family-controlled stake disclosed, with trust restructuring and voting arrangements detailed.

Adolph Coors CO LLC discloses substantial ownership in Molson Coors through family trusts and entities. Indirect holdings include 21,222,798 Class B shares and 2,520,000 Class A shares, plus 300,000 Class B shares held directly. This confirms a significant block subject to family governance structures.

The footnotes state that a restructuring of family trusts and entities was completed on June 30, 2026, and that Class A shares are subject to a Class A Common Stock Voting Trust Agreement among the Coors and Molson family groups. That agreement sets voting rights and limitations, and Class A shares are convertible into Class B on a one-for-one basis. These details highlight how control and voting power are organized within the family groups.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Adolph Coors CO LLC

Role null

Type	Security	Shares	Price	Value
holding	Class B Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 300,000 shares (Direct, null); Class A Common Stock — 2,520,000 shares (Indirect, By family trusts and entities); Class B Common Stock — 21,222,798 shares (Indirect, By family trusts and entities)

Footnotes (1)

1. The shares of Class A Common Stock are subject to that certain Class A Common Stock Voting Trust Agreement, dated February 9, 2005, among the Coors family group and the Molson family group, which agreement sets forth certain voting rights, limitations and other provisions related to the shares. Shares of Class A Common Stock are convertible on a one-for-one basis into shares of Class B Common Stock. Reflects a restructuring of family trusts and entities that was completed on June 30, 2026. The reporting person is the manager or trustee of the various family trusts and entities.

Key Figures

Indirect Class B holdings: 21,222,798 shares Indirect Class A holdings: 2,520,000 shares Direct Class B holdings: 300,000 shares +2 more

5 metrics

Indirect Class B holdings 21,222,798 shares Class B Common Stock held indirectly by family trusts and entities after June 30, 2026 restructuring

Indirect Class A holdings 2,520,000 shares Class A Common Stock held indirectly by family trusts and entities

Direct Class B holdings 300,000 shares Class B Common Stock held directly by Adolph Coors CO LLC

Trust restructuring date June 30, 2026 Date on which restructuring of family trusts and entities was completed

Holding entries 3 Number of holding entries reported in the transaction summary

Key Terms

Class A Common Stock Voting Trust Agreement, Class A Common Stock, Class B Common Stock, voting rights, +1 more

5 terms

Class A Common Stock Voting Trust Agreement regulatory

"subject to that certain Class A Common Stock Voting Trust Agreement, dated February 9, 2005"

Class A Common Stock financial

"The shares of Class A Common Stock are subject to that certain"

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.

Class B Common Stock financial

"Shares of Class A Common Stock are convertible on a one-for-one basis into shares of Class B Common Stock"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

voting rights regulatory

"which agreement sets forth certain voting rights, limitations and other provisions"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

family trusts and entities financial

"Reflects a restructuring of family trusts and entities that was completed"

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FAQ

What ownership does Adolph Coors CO LLC report in Molson Coors (TAP)?

Adolph Coors CO LLC reports 21,222,798 Class B shares and 2,520,000 Class A shares held indirectly by family trusts and entities, plus 300,000 Class B shares held directly, indicating a significant ownership position.

How are the Class A shares of Molson Coors (TAP) treated in this Form 3?

The filing states that Class A Common Stock is subject to a Class A Common Stock Voting Trust Agreement among Coors and Molson family groups and is convertible into Class B Common Stock on a one-for-one basis.

What restructuring is described in the Adolph Coors CO LLC Form 3 for TAP?

A footnote explains that the reported holdings reflect a restructuring of family trusts and entities completed on June 30, 2026, which affected how the Coors family’s Molson Coors shares are held.

Does the Adolph Coors CO LLC Form 3 for TAP show any stock purchases or sales?

No, the Form 3 lists holding entries only. It reports share amounts held after a restructuring, with no buy or sell transactions indicated in the transaction summary.

What is the difference between direct and indirect holdings in the TAP Form 3?

The Form 3 shows 300,000 Class B shares held directly and larger positions held indirectly by family trusts and entities, meaning the shares are owned through trust or entity structures rather than in the reporting person’s own name.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Adolph Coors CO LLC

(Last) (First) (Middle)

2120 CAREY AVENUE, SUITE 412

(Street)

CHEYENNE WYOMING 82001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/30/2026

3. Issuer Name and Ticker or Trading Symbol
MOLSON COORS BEVERAGE CO [ TAP.A ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock	300,000	D
Class A Common Stock(1)	2,520,000(2)	I	By family trusts and entities(3)
Class B Common Stock	21,222,798(2)	I	By family trusts and entities(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of Class A Common Stock are subject to that certain Class A Common Stock Voting Trust Agreement, dated February 9, 2005, among the Coors family group and the Molson family group, which agreement sets forth certain voting rights, limitations and other provisions related to the shares. Shares of Class A Common Stock are convertible on a one-for-one basis into shares of Class B Common Stock.

2. Reflects a restructuring of family trusts and entities that was completed on June 30, 2026.

3. The reporting person is the manager or trustee of the various family trusts and entities.

	/s/ Natalie K. Winegar, Secretary	07/10/2026
	** 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 5 (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 3: SEC 1473 (03-26)