Molson Coors director granted 3,976 RSUs
Coors Peter Joseph reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Coors Peter Joseph reported acquisition or exercise transactions in this Form 4 filing.
Molson Coors Beverage Co director Peter Joseph Coors reported an equity compensation grant and updated holdings in Class B Common Stock. He received 3,976 restricted stock units at a stated price of $0.00 per share as a grant, increasing his direct holdings to 32,359 shares.
The restricted stock unit grant was made under the company’s Director Compensation Program and will vest in full on May 6, 2029. In addition to his direct position, he has indirect ownership of 300,000 shares held by Adolph Coors Company LLC and 44,879 shares held by the Peter J Coors Descendant's Trust U/A dated January 22, 2010.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,976 shares
Grant/Award
3 txns
Insider
Coors Peter Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 3,976 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 32,359 shares (Direct);
Class B Common Stock — 44,879 shares (Indirect, by Peter J Coors Descendant's Trust U/A dated January 22, 2010);
Class B Common Stock — 300,000 shares (Indirect, by Adolph Coors Company LLC)
Footnotes (1)
- F1. The reporting person received a restricted stock unit grant under the Company's Director Compensation Program, which will vest in full on May 6, 2029.
Key Figures
RSU grant size: 3,976 units
Grant price: $0.00 per share
Direct holdings after grant: 32,359 shares
+3 more
6 metrics
RSU grant size
3,976 units
Restricted stock unit grant on Class B Common Stock
Grant price
$0.00 per share
Stated price for RSU grant
Direct holdings after grant
32,359 shares
Class B Common Stock held directly after transaction
Indirect LLC holdings
300,000 shares
Held indirectly by Adolph Coors Company LLC
Indirect trust holdings
44,879 shares
Held indirectly by Peter J Coors Descendant's Trust
RSU vesting date
May 6, 2029
Restricted stock units vest in full on this date
Key Terms
restricted stock unit, Director Compensation Program, Class B Common Stock, indirect ownership, +1 more
5 terms
restricted stock unit financial
"The reporting person received a restricted stock unit grant under the Company's Director Compensation Program"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Director Compensation Program financial
"received a restricted stock unit grant under the Company's Director Compensation Program"
Class B Common Stock financial
"security_title: Class B Common Stock for all reported holdings"
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.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: by Adolph Coors Company LLC"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Molson Coors (TAP) director Peter Joseph Coors report in this Form 4?
Peter Joseph Coors reported receiving 3,976 restricted stock units as equity compensation. The grant relates to Molson Coors Class B Common Stock and was made under the company’s Director Compensation Program, updating his direct and indirect ownership positions in the filing.
When do Peter Joseph Coors’ restricted stock units in Molson Coors (TAP) vest?
The restricted stock unit grant will vest in full on May 6, 2029. Until vesting, the units represent a right to receive Class B Common Stock under the company’s Director Compensation Program, rather than immediately issued shares.
What indirect Molson Coors (TAP) holdings are associated with Peter Joseph Coors?
Indirectly, 300,000 Class B shares are held by Adolph Coors Company LLC and 44,879 shares are held by the Peter J Coors Descendant's Trust. These positions are reported as indirect ownership interests associated with him in the Form 4 filing.
Was this Molson Coors (TAP) Form 4 an open-market stock purchase or sale?
No, the filing shows a grant coded as a compensation-related acquisition, not an open-market trade. The 3,976 units were awarded under the Director Compensation Program at a stated price of $0.00 per share, reflecting equity compensation rather than a market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
