Molson Coors (NYSE: TAP) executive logs tax withholding and equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Molson Coors Beverage Co executive Philip M. Whitehead reported equity compensation activity in Class B common stock. On February 27, 2026, he had 1,094 and 1,378 shares withheld to cover tax obligations when restricted and performance stock units vested. He also acquired 2,931 shares earned for the 2023–2025 performance period under the company’s incentive compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Whitehead Philip M
Role
Pres CEO EMEA APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 1,094 | $48.99 | $54K |
| Grant/Award | Class B Common Stock | 2,931 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 1,378 | $48.99 | $68K |
Holdings After Transaction:
Class B Common Stock — 16,722 shares (Direct)
Footnotes (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.
FAQ
What insider transactions did Molson Coors (TAP) report for Philip M. Whitehead?
Molson Coors reported that executive Philip M. Whitehead had shares withheld for taxes and received shares from performance awards. Two tax-withholding dispositions and one equity grant involved Class B common stock on February 27, 2026 under the company’s incentive compensation plan.
What equity award did Philip Whitehead receive from Molson Coors (TAP)?
Philip Whitehead acquired 2,931 shares of Molson Coors Class B common stock as an equity award. The shares were earned for the 2023–2025 performance period from performance share units granted on February 27, 2023 under the incentive compensation plan.
Were Philip Whitehead’s Molson Coors (TAP) transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. Shares were disposed of through tax-withholding arrangements and acquired through an equity grant, reflecting compensation and tax settlement activity rather than discretionary trading in Molson Coors stock.
What type of Molson Coors (TAP) security was involved in Philip Whitehead’s Form 4?
All transactions involved Molson Coors Class B common stock. The filing shows tax-withholding dispositions of vested restricted and performance share units and an acquisition of shares earned under performance share units tied to the 2023–2025 performance period.