Molson Coors (TAP) regional CEO Whitehead receives stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Molson Coors Beverage Co reported that executive Philip M. Whitehead, President and CEO EMEA APAC, acquired new equity awards as part of his compensation. He received 39,516 employee stock options with an exercise right that vests in full on March 4, 2029.
He also received a grant of 7,924 shares of Class B common stock, described as restricted stock units under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan, which will vest in full on March 4, 2029. Both awards were reported at a price per share of 0.0000, reflecting a grant/award acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Whitehead Philip M
Role
Pres CEO EMEA APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 39,516 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 7,924 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 39,516 shares (Direct);
Class B Common Stock — 26,199 shares (Direct)
Footnotes (1)
- The Reporting Person received a restricted stock unit grant under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan, which will vest in full on March 4, 2029. The stock options vest in full and become exercisable on March 4, 2029.
FAQ
What insider transactions did Philip M. Whitehead report for TAP?
Philip M. Whitehead reported two equity award acquisitions in Molson Coors Beverage Co. He received 39,516 employee stock options and 7,924 shares of Class B common stock via restricted stock units, both granted as compensation rather than open-market purchases.
How many stock options did the Molson Coors executive receive in this Form 4?
The Molson Coors executive received 39,516 employee stock options with a reported exercise price per share of 0.0000. According to the filing, these options vest in full and become exercisable on March 4, 2029, reflecting a long-term incentive award structure.
What restricted stock or RSU grant did TAP report for Philip M. Whitehead?
Molson Coors reported that Philip M. Whitehead received a restricted stock unit grant covering 7,924 shares of Class B common stock. The grant was issued under the company’s Incentive Compensation Plan and is scheduled to vest in full on March 4, 2029.
When do Philip M. Whitehead’s new Molson Coors equity awards vest?
Both reported equity awards vest on March 4, 2029. The filing states that the restricted stock unit grant and the 39,516 employee stock options each vest in full on that date, aligning the executive’s incentives with long-term performance.
Were the Molson Coors insider transactions open-market buys or compensation grants?
The transactions were compensation-related grants, not open-market buys. The Form 4 labels both transactions with code “A” for grant, award, or other acquisition, and reports a transaction price per share of 0.0000, indicating award-based acquisitions.