Molson Coors director granted 334 deferred stock units
HERINGTON CHARLES M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HERINGTON CHARLES M reported acquisition or exercise transactions in this Form 4 filing.
Molson Coors Beverage Co director Charles M. Herington received a grant of 334 shares of Class B Common Stock on March 31, 2026. The grant was issued as deferred stock units in lieu of director cash compensation and carries a price of $0.00 per share.
After this award, Herington directly holds 61,585 shares of Class B Common Stock. The deferred stock units vest in full when he terminates service as a director, tying this compensation to the length of his board tenure rather than immediate cash payment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 334 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person received a deferred stock unit grant in lieu of director cash compensation. The deferred stock units vest in full upon the reporting person's termination as a director.
Key Figures
Key Terms
deferred stock unit financial
director cash compensation financial
vest in full financial
Class B Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Molson Coors (TAP) report for Charles M. Herington?
Was the Molson Coors (TAP) Form 4 transaction a stock purchase or sale?
Why did Molson Coors (TAP) grant deferred stock units instead of cash to its director?
When do Charles M. Herington’s Molson Coors (TAP) deferred stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.