Molson Coors (NYSE: TAP) director receives 3,976-share equity grant vesting 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Winnefeld James A Jr reported acquisition or exercise transactions in this Form 4 filing.
Molson Coors Beverage Co director James A. Winnefeld Jr. received a grant of 3,976 shares of Class B Common Stock as compensation. This award, issued at a stated price of $0.00 per share, brings his direct holdings to 26,264 shares. The restricted stock unit grant vests in full on May 6, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winnefeld James A Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 3,976 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 26,264 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,976 shares
Price per share: $0.00 per share
Post-transaction holdings: 26,264 shares
+1 more
4 metrics
Shares granted
3,976 shares
Grant of Class B Common Stock on May 6, 2026
Price per share
$0.00 per share
Stated transaction price for compensation grant
Post-transaction holdings
26,264 shares
Total Class B Common Stock held directly after grant
Vesting date
May 6, 2029
Restricted stock unit grant vests in full on this date
Key Terms
restricted stock unit, Director Compensation Program, Class B Common Stock
3 terms
restricted stock unit financial
"The reporting person 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
"restricted stock unit grant under the Company's Director Compensation Program, which will vest in full on May 6, 2029"
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.
FAQ
What did Molson Coors (TAP) director James A. Winnefeld Jr. report in this Form 4?
He reported receiving a grant of 3,976 shares of Class B Common Stock. The grant was part of Molson Coors’ Director Compensation Program and was recorded at a price of $0.00 per share as a non-market, compensation-related award.
Is the Molson Coors (TAP) Form 4 transaction a market purchase or sale?
The transaction is not a market trade; it is a compensation grant. The filing labels it as a grant, award, or other acquisition with a transaction price of $0.00, indicating no open-market buying or selling occurred.
When do the reported Molson Coors (TAP) restricted stock units vest?
The restricted stock unit grant linked to this Form 4 will vest in full on May 6, 2029. Until vesting, the award reflects a deferred compensation grant rather than immediately unrestricted shares.
What is the nature of the Molson Coors (TAP) director compensation reported here?
The filing describes a restricted stock unit grant under the Director Compensation Program. It awards 3,976 units that convert into Class B Common Stock upon full vesting on May 6, 2029, rather than cash-based compensation.