Molson Coors (NYSE: TAP) director uses 610 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Molson Coors Beverage Co director Roger G. Eaton reported a routine tax-related share disposition. On May 18, 2026, 610 shares of Class B Common Stock were withheld by the company at $41.68 per share to cover his tax obligations when previously granted restricted stock units vested. After this withholding, Eaton directly holds 55,277 shares of Class B Common Stock. This type of Form 4 entry reflects compensation-related tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eaton Roger G.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 610 | $41.68 | $25K |
Holdings After Transaction:
Class B Common Stock — 55,277 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 610 shares
Withholding price: $41.68 per share
Shares owned after transaction: 55,277 shares
3 metrics
Shares withheld for taxes
610 shares
Tax-withholding disposition on May 18, 2026
Withholding price
$41.68 per share
Value used for 610 withheld shares
Shares owned after transaction
55,277 shares
Direct Class B Common Stock holdings post-transaction
Key Terms
Class B Common Stock, restricted stock units, tax withholding obligations, tax-withholding disposition
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 units financial
"upon the vesting of restricted stock units previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to cover tax withholding obligations"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Molson Coors (TAP) director Roger G. Eaton report?
Roger G. Eaton reported a tax-withholding disposition of Molson Coors Class B Common Stock. The company withheld 610 shares to satisfy Eaton’s tax obligations arising from the vesting of previously granted restricted stock units.
Was Roger Eaton’s Molson Coors (TAP) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Molson Coors withheld 610 shares to cover Eaton’s tax obligations when restricted stock units vested, a common administrative process for equity compensation.
What triggered the tax withholding reported in Molson Coors (TAP) director Roger Eaton’s Form 4?
The withholding was triggered by the vesting of restricted stock units previously granted to Roger G. Eaton. When these units vested, Molson Coors withheld 610 shares of Class B Common Stock to satisfy Eaton’s related tax withholding obligations.