Molson Coors (TAP) director logs grants and tax-withheld TAP shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Molson Coors Beverage Co director Peter Joseph Coors reported equity award activity involving Class B Common Stock. On February 27, 2026, he acquired 177 shares at $0.00 per share as a grant/award tied to performance share units. On the same date, a total of 178 shares were disposed of at $48.99 per share to cover tax withholding obligations when restricted and performance share units vested. After these transactions, he directly owned 15,298 Class B shares and also reported indirect ownership of 44,879 shares through the Peter J Coors Descendant's Trust and 300,000 shares through Adolph Coors Company LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Coors Peter Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 125 | $48.99 | $6K |
| Grant/Award | Class B Common Stock | 177 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 53 | $48.99 | $3K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 15,174 shares (Direct);
Class B Common Stock — 44,879 shares (Indirect, by Peter J Coors Descendant's Trust U/A dated January 22, 2010)
Footnotes (1)
- Represents shares of Class B common stock withheld by the Issuer to cover tax withholding obligations for the Reporting Person upon the vesting of restricted stock units previously granted to the Reporting Person. Represents shares of Class B common stock earned with respect to the 2023-2025 performance period pursuant to performance share units granted on February 27, 2023 under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan. Represents shares of Class B common stock withheld by the Issuer to cover tax withholding obligations for the Reporting Person upon the vesting of performance share units previously granted to the Reporting Person.
FAQ
What insider transactions did Peter Joseph Coors report for TAP on February 27, 2026?
Peter Joseph Coors reported a grant of 177 Class B shares and tax-withholding dispositions totaling 178 shares of Molson Coors Class B Common Stock on February 27, 2026. These movements relate to vesting of prior equity awards and new performance-based shares.
What type of equity award did Peter Joseph Coors receive in this TAP Form 4 filing?
He received 177 Class B shares at $0.00 per share as an equity grant. The filing states these were earned for the 2023–2025 performance period under performance share units granted February 27, 2023, pursuant to Molson Coors’ incentive compensation plan.
What do the TAP Form 4 footnotes explain about Peter Joseph Coors’ transactions?
The footnotes explain that 125 shares and 53 shares were withheld to satisfy tax obligations linked to vesting restricted stock units and performance share units. Another footnote clarifies the 177-share award was earned under the company’s incentive compensation plan for a defined performance period.