[Form 4] MOLSON COORS BEVERAGE CO Insider Trading Activity

Rhea-AI Filing Summary

Molson Coors Beverage Co President & CEO Rahul Goyal reported equity award activity and related tax withholding in Class B common stock. He received a grant of 7,034 shares at no cost, earned for the 2023-2025 performance period under the company’s incentive plan. The company withheld shares in two separate transactions, covering tax obligations upon the vesting of restricted stock units and performance share units previously granted to him.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Goyal Rahul

Role President & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Class B Common Stock	985	$48.99	$48K
Grant/Award	Class B Common Stock	7,034	$0.00	--
Tax Withholding	Class B Common Stock	2,061	$48.99	$101K

Holdings After Transaction: Class B Common Stock — 63,417 shares (Direct)

Footnotes (1)

1. 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. Represents shares of Class B common stock earned with respect to the 2023-2025 performance period pursuant to performance share units granted on February 27, 2023 under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan. Represents shares of Class B common stock withheld by the Issuer to cover tax withholding obligations for the Reporting Person upon the vesting of performance share units previously granted to the Reporting Person.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Goyal Rahul

(Last) (First) (Middle)

P.O. BOX 4030

BC555

(Street)

GOLDEN CO 80401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MOLSON COORS BEVERAGE CO [ TAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	02/27/2026		F		985(1)	D	$48.99	63,417	D
Class B Common Stock	02/27/2026		A		7,034(2)	A	$0	70,451	D
Class B Common Stock	02/27/2026		F		2,061(3)	D	$48.99	68,390	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Represents shares of Class B common stock earned with respect to the 2023-2025 performance period pursuant to performance share units granted on February 27, 2023 under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan.

3. Represents shares of Class B common stock withheld by the Issuer to cover tax withholding obligations for the Reporting Person upon the vesting of performance share units previously granted to the Reporting Person.

Remarks:

	/s/ David P. Knaff, attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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