Molson Coors director reports tax share withholding
Molson Coors Beverage Co director Geoffrey E. Molson reported routine share activity related to equity compensation.
Rhea-AI Filing Summary
Molson Coors Beverage Co director Geoffrey E. Molson reported routine share activity related to equity compensation. The main event was a disposition of Class B Common Stock to cover taxes when previously granted restricted stock units vested. This did not represent an open-market sale.
The issuer withheld 1,422 shares of Class B Common Stock at a value of $41.68 per share to satisfy tax withholding obligations, leaving Molson with 11,116 directly held shares. He also reports indirect holdings of 19,033 shares through 4715695 Nova Scotia Company and 1,198 shares through a self-directed registered retirement savings plan.
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Insider Trade Summary
Exercise Price or Tax Liability: 1,422 shares
Exercise Price or Tax Liability
3 txns
Insider
Molson Geoffrey E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class B Common Stock | 1,422 | $41.68 | $59K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 11,116 shares (Direct);
Class B Common Stock — 1,198 shares (Indirect, By Self-Directed Registered Retirement Savings Plan);
Class B Common Stock — 19,033 shares (Indirect, by Geoffrey E. Molson as the sole director and officer of 4715695 Nova Scotia Company)
Footnotes (1)
- F1. 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.
Key Figures
Tax-withheld shares: 1,422 shares
Withholding price: $41.68 per share
Direct holdings after transaction: 11,116 shares
+2 more
5 metrics
Tax-withheld shares
1,422 shares
Class B Common Stock withheld for tax obligations on RSU vesting
Withholding price
$41.68 per share
Value of Class B Common Stock used for tax withholding
Direct holdings after transaction
11,116 shares
Class B Common Stock held directly following tax withholding
Indirect holdings via Nova Scotia Company
19,033 shares
Class B Common Stock held indirectly through 4715695 Nova Scotia Company
Indirect holdings via retirement plan
1,198 shares
Class B Common Stock held indirectly in self-directed registered retirement savings plan
Key Terms
Class B Common Stock, restricted stock units, tax withholding obligations, Self-Directed Registered Retirement Savings Plan, +1 more
5 terms
Class B Common Stock financial
"Represents shares of Class B common stock withheld by the Issuer to cover tax withholding obligations"
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 to the Reporting Person"
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 for the Reporting Person"
Self-Directed Registered Retirement Savings Plan financial
"By Self-Directed Registered Retirement Savings Plan"
indirect ownership financial
"ownership type is reported as indirect for certain holdings"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Geoffrey E. Molson report in this Molson Coors (TAP) Form 4?
Geoffrey E. Molson reported a tax-withholding disposition of Class B Common Stock. 1,422 shares were withheld by the company at $41.68 per share when restricted stock units vested, along with updated direct and indirect share holdings across his accounts.
What indirect Molson Coors (TAP) holdings does Geoffrey E. Molson report?
Geoffrey E. Molson reports 19,033 Class B shares held indirectly through 4715695 Nova Scotia Company and 1,198 shares held indirectly through a self-directed registered retirement savings plan. These positions supplement his directly held 11,116 shares disclosed in the same Form 4 filing.
Was Geoffrey E. Molson’s Molson Coors (TAP) transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The issuer withheld 1,422 shares to satisfy tax obligations when restricted stock units vested, which is a standard, non-discretionary mechanism for handling equity compensation taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
