[Form 3] MOLSON COORS BEVERAGE CO Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Molson Coors Beverage Co. (TAP) reported an initial insider ownership statement. As of October 1, 2025, a reporting person serving as Director and President & CEO beneficially owns 20,952 Class B common shares, which includes 17,352 unvested RSUs. The RSUs vest in full on set dates: 3,349 on February 27, 2026; 2,407 on March 4, 2027; 8,206 on April 14, 2027; and 3,390 on March 5, 2028.

The filing also lists employee stock options for Class B shares, all held directly. Examples include: 11,941 at $51.48 expiring March 2, 2030; 10,935 at $44.97 expiring March 2, 2031; 6,579 at $52.18 expiring February 28, 2032; 8,969 at $53.75 expiring February 27, 2033; 9,086 at $62.34 expiring March 4, 2027; and 12,992 at $59.30 expiring March 5, 2035, with vesting schedules as disclosed.

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

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1. Name and Address of Reporting Person^*

Goyal Rahul

(Last) (First) (Middle)

P.O. BOX 4030

BC555

(Street)

GOLDEN CO 80401

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2025

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

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

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

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

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	20,952(1)	D

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
Employee Stock Option (Right to Buy)	(2)	03/02/2030	Class B Common Stock	11,941	$51.48	D
Employee Stock Option (Right to Buy)	(3)	03/02/2031	Class B Common Stock	10,935	$44.97	D
Employee Stock Option (Right to Buy)	(4)	02/28/2032	Class B Common Stock	6,579	$52.18	D
Employee Stock Option (Right to Buy)	(5)	02/27/2033	Class B Common Stock	8,969	$53.75	D
Employee Stock Option (Right to Buy)	(6)	03/04/2034	Class B Common Stock	9,086	$62.34	D
Employee Stock Option (Right to Buy)	(7)	03/05/2035	Class B Common Stock	12,992	$59.3	D

Explanation of Responses:

1. Includes 17,352 unvested restricted stock units (RSUs). The unvested RSUs vest in full as follows: 3,349 RSUs on February 27, 2026, 2,407 RSUs on March 4, 2027, 8,206 RSUs on April 14, 2027, and 3,390 RSUs on March 5, 2028.

2. The stock options vested and became exercisable in three equal annual installments beginning on March 2, 2021.

3. The stock options vested and became exercisable in three equal annual installments beginning on March 2, 2022.

4. The stock options vest and become exercisable in three equal annual installments beginning on February 28, 2023.

5. The stock options vest and become exercisable in three equal annual installments beginning on February 27, 2024.

6. The stock options vest in full and become exercisable on March 4, 2027.

7. The stock options vest in full and become exercisable on March 5, 2028.

Remarks:

	/s/ David P. Knaff, attorney-in-fact	10/03/2025
	** 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.

FAQ

What did Molson Coors (TAP) disclose in this insider filing?

An initial ownership report showing 20,952 Class B shares held directly, including 17,352 unvested RSUs, plus multiple employee stock options.

How many RSUs did the TAP insider report, and when do they vest?

The insider reported 17,352 unvested RSUs vesting in full: 3,349 on Feb 27, 2026; 2,407 on Mar 4, 2027; 8,206 on Apr 14, 2027; and 3,390 on Mar 5, 2028.

What stock options are listed for the TAP insider?

Options on Class B stock including 11,941@$51.48 (exp. 03/02/2030), 10,935@$44.97 (03/02/2031), 6,579@$52.18 (02/28/2032), 8,969@$53.75 (02/27/2033), 9,086@$62.34 (03/04/2034), and 12,992@$59.30 (03/05/2035).

What roles does the reporting person hold at Molson Coors (TAP)?

The reporting person is a Director and an Officer, specifically President & CEO.

What is the event date for this ownership report?

The event date is 10/01/2025.

How are the options scheduled to vest, according to the filing?

Some options vested in three equal annual installments beginning in 2021 and 2022; others vest in three annual installments beginning in 2023 and 2024; certain grants vest in full on 03/04/2027 and 03/05/2028.