Molson Coors Beverage Co (TAP) CEO receives large equity option and stock grants

Rhea-AI Filing Summary

Molson Coors Beverage Co President & CEO Rahul Goyal reported equity awards, not open‑market trades. He acquired employee stock options for 184,405 shares at a grant price of $0.0000 per share, all classified as a grant or award acquisition.

He also received a grant of 36,975 shares of Class B common stock at $0.0000 per share, increasing his direct Class B holdings to 105,365 shares. According to the footnotes, the restricted stock units will vest in full on March 4, 2029, and the stock options will also vest and become exercisable on that date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Goyal Rahul

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy)	184,405	$0.00	--
Grant/Award	Class B Common Stock	36,975	$0.00	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 184,405 shares (Direct); Class B Common Stock — 105,365 shares (Direct)

Footnotes (1)

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.

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)
03/04/2026

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	03/04/2026		A		36,975(1)	A	$0	105,365	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
Employee Stock Option (Right to Buy)	$47.33	03/04/2026		A		184,405		(2)	03/04/2036	Class B Common Stock	184,405	$0	184,405	D

Explanation of Responses:

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.

2. The stock options vest in full and become exercisable on March 4, 2029.

Remarks:

	/s/ David P. Knaff, attorney-in-fact	03/06/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TAP President & CEO Rahul Goyal report?

Rahul Goyal reported equity awards, not open-market trades. He received 184,405 employee stock options and 36,975 shares of Class B common stock as grant or award acquisitions under a company incentive plan, all recorded as direct ownership.

How many stock options did Rahul Goyal receive from Molson Coors (TAP)?

Rahul Goyal received employee stock options covering 184,405 shares. These options were granted at a price of $0.0000 per share and are classified as a grant or award acquisition, with all shares vesting and becoming exercisable on March 4, 2029, if conditions are met.

What stock grant did Rahul Goyal receive in Molson Coors Class B shares?

Rahul Goyal received 36,975 shares of Molson Coors Class B common stock as a grant. The transaction is reported at $0.0000 per share, increasing his direct Class B holdings to 105,365 shares following the award, according to the Form 4 details.

When do Rahul Goyal’s Molson Coors restricted stock units vest?

The restricted stock units granted to Rahul Goyal under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan vest in full on March 4, 2029. Vesting means he gains full ownership of the underlying shares on that date, subject to plan terms.

When do Rahul Goyal’s Molson Coors stock options become exercisable?

Rahul Goyal’s employee stock options vest in full and become exercisable on March 4, 2029. After vesting, he can choose to exercise these options to acquire Molson Coors shares, consistent with the terms specified in the company’s incentive compensation plan.

Is Rahul Goyal’s Molson Coors Form 4 a stock purchase or an award?

Rahul Goyal’s Form 4 reflects stock and option awards, not open-market purchases. Both transactions use code “A” for a grant, award, or other acquisition, and the reported price per share is $0.0000, indicating compensation-related equity rather than cash share purchases.