Director at Molson Coors (NYSE: TAP) receives 3,976-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FergusonMchugh MaryLynn reported acquisition or exercise transactions in this Form 4 filing.
Molson Coors Beverage Co director MaryLynn FergusonMchugh reported an equity award of 3,976 shares of Class B Common Stock. The award is in the form of restricted stock units granted under the company’s Director Compensation Program.
The restricted stock units will vest in full on May 6, 2029, meaning she will receive the underlying shares at that time if vesting conditions are met. Following this grant, her direct holdings total 32,712 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FergusonMchugh MaryLynn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 3,976 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 32,712 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award size: 3,976 shares
Reported price per share: $0.00/share
Holdings after transaction: 32,712 shares
+1 more
4 metrics
Equity award size
3,976 shares
Restricted stock unit grant reported on Form 4
Reported price per share
$0.00/share
Grant price for the restricted stock unit award
Holdings after transaction
32,712 shares
Total Class B Common Stock directly held after grant
Vesting date
May 6, 2029
Full vesting date of the restricted stock unit grant
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"
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"
Class B Common Stock financial
"security_title: "Class B Common Stock" for the reported transaction"
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.