O'Sullivan Nessa 4
Research Summary
AI-generated summary
Molson Coors Director Nessa O'Sullivan Sells 610 Shares
What Happened
Nessa O'Sullivan, a director of Molson Coors Beverage Co. (TAP), had 610 Class B shares withheld by the company to cover tax withholding obligations tied to vested restricted stock units. The shares were disposed at $41.68 per share, for a total value of $25,425. This was a withholding disposition (transaction code F), not a voluntary open-market sale.
Key Details
- Transaction date: 2026-05-18; filing date: 2026-05-20 (timely filing).
- Price per share: $41.68; total value: $25,425.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote: F1 — shares were withheld by the issuer to cover tax withholding on vested RSUs.
- Transaction type: tax-withholding disposition (code F), routine administrative transaction.
Context
Tax-withholding share dispositions occur when a company retains shares to satisfy the insider’s tax bill on vested awards; they are common and generally do not signal the insider’s view of the company’s prospects. This filing documents the administrative withholding rather than an intentional sale for investment reasons.