Director equity grant at Molson Coors (NYSE: TAP) boosts share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cocks Christian P reported acquisition or exercise transactions in this Form 4 filing.
Molson Coors Beverage Co director Christian P. Cocks received an equity grant of 3,976 shares of Class B Common Stock on May 6, 2026. The award was made as restricted stock units under the company’s Director Compensation Program and will vest in full on May 6, 2029.
Following this grant, Cocks directly holds 9,278 shares of Class B Common Stock. This is a compensation-related grant, not an open-market purchase, and reflects routine director equity compensation rather than a discretionary stock trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cocks Christian P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 3,976 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 9,278 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 3,976 shares
Grant price: $0.0000 per share
Shares held after grant: 9,278 shares
+1 more
4 metrics
RSU grant size
3,976 shares
Restricted stock units of Class B Common Stock granted May 6, 2026
Grant price
$0.0000 per share
Listed transaction price for RSU grant
Shares held after grant
9,278 shares
Total direct Class B Common Stock holdings following transaction
Vesting date
May 6, 2029
RSU grant under Director Compensation Program vests in full
Key Terms
Class B Common Stock, restricted stock unit, Director Compensation Program, Form 4
4 terms
Class B Common Stock financial
"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.
restricted stock unit financial
"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
"grant under the Company's Director Compensation Program, which will vest in full"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Molson Coors (TAP) report for Christian P. Cocks?
Molson Coors reported that director Christian P. Cocks received a grant of 3,976 shares of Class B Common Stock as restricted stock units on May 6, 2026. This award was made under the company’s Director Compensation Program as part of his equity-based compensation.
When do the restricted stock units granted to Molson Coors (TAP) director Cocks vest?
The restricted stock unit grant to Christian P. Cocks will vest in full on May 6, 2029. Until vesting, the award remains subject to the company’s terms, after which the units convert into shares of Class B Common Stock for the director.
What are Christian P. Cocks’ Molson Coors (TAP) holdings after this Form 4 transaction?
After the reported grant, Christian P. Cocks directly holds 9,278 shares of Molson Coors Class B Common Stock. This figure reflects his position immediately following the 3,976-share restricted stock unit award reported in the Form 4 insider transaction filing.
Is the Molson Coors (TAP) insider transaction a stock purchase or a compensation grant?
The transaction is a compensation-related grant, not an open-market stock purchase. Christian P. Cocks received 3,976 restricted stock units of Class B Common Stock under the Director Compensation Program, with a stated transaction price of $0.0000 per share.