Molson Coors (NYSE: TAP) director granted 3,976 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Williams Leroy James Jr reported acquisition or exercise transactions in this Form 4 filing.
Molson Coors Beverage Co director Leroy James Williams Jr received an equity award of 3,976 shares of Class B Common Stock as a restricted stock unit grant under the company’s Director Compensation Program. The award carries no purchase price and will vest in full on May 6, 2029. Following this grant, Williams directly holds 15,394 shares of Class B Common Stock, reflecting routine stock-based compensation rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Leroy James 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 — 15,394 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 3,976 shares
Grant price per share: $0.00 per share
Shares after transaction: 15,394 shares
+1 more
4 metrics
RSU grant size
3,976 shares
Restricted stock unit grant to director on May 6, 2026
Grant price per share
$0.00 per share
Equity award under Director Compensation Program
Shares after transaction
15,394 shares
Director’s direct Class B Common Stock holdings following 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, transaction code A
4 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
"received a 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.
transaction code A regulatory
"transaction_code: A, transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Molson Coors (TAP) report for Leroy James Williams Jr?
Molson Coors reported that director Leroy James Williams Jr received a grant of 3,976 shares of Class B Common Stock as restricted stock units. This equity award is part of the company’s Director Compensation Program and did not involve any cash purchase on the market.
When do Leroy James Williams Jr’s restricted stock units in Molson Coors (TAP) vest?
The restricted stock unit grant to Leroy James Williams Jr will vest in full on May 6, 2029. Vesting means the units convert into unrestricted shares, giving the director full ownership, subject to continued service and the terms of the Director Compensation Program.
Was the Molson Coors (TAP) Form 4 transaction a market purchase or a compensation grant?
The Form 4 transaction was a compensation-related grant, not a market purchase. The filing shows transaction code A, indicating a grant or award, with a price per share of $0.00, consistent with stock-based compensation under the Director Compensation Program.
What does transaction code A mean in the Molson Coors (TAP) Form 4 filing?
Transaction code A in the Molson Coors Form 4 indicates a grant, award, or other acquisition of shares. Here it represents restricted stock units granted to director Leroy James Williams Jr as part of director compensation, rather than shares bought or sold in the open market.