Coors Peter Joseph 4
Research Summary
AI-generated summary
Molson Coors (TAP) Director Peter Coors Receives Awards
What Happened
- Peter Coors, a director of Molson Coors Beverage Company (TAP), was granted equity awards on March 4, 2026. The Form 4 reports 1,585 shares as restricted stock units (RSUs) and 2,635 derivative awards (stock options or similar), each acquired at $0.00 (no cash paid). The combined awards cover 4,220 underlying shares; the filing lists $0 total purchase amount because these are compensation grants, not open-market trades.
Key Details
- Transaction date: 2026-03-04; Filing date: 2026-03-06 (timely).
- Reported amounts/prices: 1,585 RSUs @ $0.00; 2,635 derivative awards @ $0.00.
- Vesting/exercise: RSUs vest in full on March 4, 2029 (F1). The stock options vest in full and become exercisable on March 4, 2029 (F2).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing status: not marked late; appears filed within the Form 4 reporting window.
Context
- These are compensation awards to a director, not purchases or sales, so they do not represent an immediate market buy or sell signal. RSUs will convert to shares upon vesting; derivative awards will only affect share count if/when exercised. No immediate cash changed hands because the grant price is $0.