Molson Coors (TAP) director logs grants and tax-withheld TAP shares

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Coors Peter Joseph

(Last) (First) (Middle)

P.O. BOX 4030

BC555

(Street)

GOLDEN CO 80401

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	02/27/2026		F		125(1)	D	$48.99	15,174	D
Class B Common Stock	02/27/2026		A		177(2)	A	$0	15,351	D
Class B Common Stock	02/27/2026		F		53(3)	D	$48.99	15,298	D
Class B Common Stock								44,879	I	by Peter J Coors Descendant's Trust U/A dated January 22, 2010
Class B Common Stock								300,000	I	by Adolph Coors Company LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

Remarks:

	/s/ David P. Knaff, attorney-in-fact	03/03/2026
	** 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 4 (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).
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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.

Were the TAP insider share disposals by Peter Joseph Coors open-market sales?

The reported share disposals were tax-withholding transactions, not open-market sales. A total of 178 Class B shares were withheld at $48.99 per share to cover tax obligations when previously granted restricted and performance share units vested for the director.

How many Molson Coors TAP shares does Peter Joseph Coors own after these transactions?

After the reported activity, Peter Joseph Coors directly owned 15,298 Class B shares. He also reported indirect ownership of 44,879 shares through a descendant’s trust and 300,000 shares through Adolph Coors Company LLC, reflecting substantial continuing exposure to Molson Coors equity.

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.

How are Peter Joseph Coors’ indirect TAP share holdings structured?

Indirect holdings are reported in two entities: 44,879 Class B shares are held by the Peter J Coors Descendant's Trust under a 2010 agreement, and 300,000 Class B shares are held by Adolph Coors Company LLC. These positions represent ownership through affiliated entities rather than directly.