Molson Coors (NYSE: TAP) CFO awarded 54,152 stock options at $47.33 strike
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Molson Coors Beverage Co’s Chief Financial Officer Tracey Joubert received a grant of 54,152 employee stock options for Class B Common Stock on March 4, 2026. These options have an exercise price of $47.33 per share, vest in full on March 4, 2029, and expire on March 4, 2036. The filing is an amendment that corrects a prior misreported option grant amount and now reflects 54,152 options held following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Joubert Tracey
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 54,152 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 54,152 shares (Direct)
Footnotes (1)
- The original Form 4, filed on March 6, 2026, is being amended by this Form 4 to correct a calculation error that misreported the number of Employee Stock Options (Right to Buy) granted to the reporting person on March 4, 2026. This amendment correctly reports the number of Employee Stock Options (Right to Buy) granted to the reporting person on March 4, 2026. The stock options vest in full and become exercisable on March 4, 2029.
Key Figures
Options granted: 54,152 options
Exercise price: $47.33 per share
Underlying shares: 54,152 shares
+3 more
6 metrics
Options granted
54,152 options
Employee Stock Option grant on March 4, 2026
Exercise price
$47.33 per share
Conversion or exercise price for the options
Underlying shares
54,152 shares
Underlying Class B Common Stock per option grant
Total options after grant
54,152 options
Total derivative securities owned following the transaction
Vesting date
March 4, 2029
Date options vest in full and become exercisable
Expiration date
March 4, 2036
Option expiration for this grant
Key Terms
Employee Stock Option (Right to Buy), Class B Common Stock, exercise price, vest in full, +1 more
5 terms
Employee Stock Option (Right to Buy) financial
"number of Employee Stock Options (Right to Buy) granted to the reporting person"
Class B Common Stock financial
"underlying security title: 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.
exercise price financial
"conversion or exercise price: 47.3300"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest in full financial
"The stock options vest in full and become exercisable on March 4, 2029."
expiration date financial
"expiration date: 2036-03-04"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Molson Coors (TAP) disclose about CFO Tracey Joubert’s latest equity award?
Molson Coors reported that CFO Tracey Joubert received a grant of 54,152 employee stock options for Class B Common Stock at a $47.33 exercise price. All these options vest in full on March 4, 2029 and expire on March 4, 2036.
Why is this Molson Coors (TAP) Form 4/A filing an amendment?
The Form 4/A amends an earlier March 6, 2026 filing to correct a calculation error in the number of employee stock options granted on March 4, 2026. It now accurately reports 54,152 options awarded to CFO Tracey Joubert on that grant date.
How many stock options does the Molson Coors (TAP) CFO hold after this transaction?
After this transaction, CFO Tracey Joubert holds 54,152 employee stock options directly. These options relate to Class B Common Stock, were granted at a $47.33 exercise price, and represent her full position from this specific March 4, 2026 grant.
When do CFO Tracey Joubert’s new Molson Coors (TAP) options vest and expire?
The employee stock options granted to CFO Tracey Joubert vest in full and become exercisable on March 4, 2029. They carry an expiration date of March 4, 2036, giving a seven-year window after vesting for potential exercise, subject to applicable terms.
Are the Molson Coors (TAP) options granted to the CFO an open-market purchase or compensation award?
The transaction is a compensation-related grant, not an open-market purchase. The filing labels it as a grant or award acquisition of employee stock options with a transaction code “A”, reflecting a routine equity award rather than a discretionary market trade.
What is the exercise price of the Molson Coors (TAP) stock options granted to the CFO?
Each employee stock option granted to CFO Tracey Joubert has a conversion or exercise price of $47.33 per share. This means she can buy Class B Common Stock at $47.33 once the options vest on March 4, 2029, until they expire in 2036.