SANDS RICHARD 4
4 · CONSTELLATION BRANDS, INC. · Filed Jul 14, 2025
Insider Transaction Report
Form 4
SANDS RICHARD
DirectorChairman of Board10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-07-10−503→ 0 totalFrom: 2025-07-10→ Class A Common Stock (503 underlying) - Exercise/Conversion
Class A Common Stock
2025-07-10+503→ 503 total
Holdings
- 188,015(indirect: By LLC)
Class A Common Stock
- 5,066,666(indirect: By RES Business Holdings LP)
Class A Common Stock
- 1,736,884(indirect: By SER Business Holdings LP)
Class A Common Stock
- 15,720(indirect: By Spouse)
Class A Common Stock
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]RES Master LLC ("RES Master") directly owns the reported securities. RES Master is a limited liability company that is wholly-owned by the Richard Sands Master Trust. The reporting person is the sole trustee and sole beneficiary of the Richard Sands Master Trust.
- [F3]The reported securities are owned directly by RES Business Holdings LP ("RES Holdings"). RES Business Management LLC ("RES Management") is the co-general partner of, and owns a 0.009% interest in, RES Holdings. The reporting person indirectly controls RES Management.
- [F4]The reported securities are owned directly by SER Business Holdings LP ("SER Holdings"). SER Business Management LLC ("SER Management") is the co-general partner of, and owns a 0.016% interest in, SER Holdings. The reporting person indirectly controls SER Management.
- [F5]The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
- [F6]All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date.