HERINGTON CHARLES M 4
4 · MOLSON COORS BEVERAGE CO · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Molson Coors (TAP) Director Charles M. Herington Receives 369 Shares
What Happened
Charles M. Herington, a director of Molson Coors Beverage Co. (TAP), received an award of 369 deferred stock units on 2026-06-30. The filing reports an acquisition at $0.00 (award), so no cash was exchanged and the reported transaction value is $0. These units were granted in lieu of director cash compensation.
Key Details
- Transaction date: 2026-06-30; Transaction type/code: Award/Grant (A)
- Shares/units granted: 369; Reported price: $0.00; Reported dollar value: $0
- Shares owned after transaction: Not disclosed in the filing (amount owned following transaction not provided)
- Footnote: Units are deferred stock units granted in lieu of director cash compensation and vest in full upon the reporting person's termination as a director.
- Filing date/timeliness: Form filed 2026-07-01 for a 2026-06-30 grant — appears timely (not marked late).
Context
This was a compensation award (deferred stock units) rather than a market purchase or sale, so it primarily reflects director pay arrangements rather than an open-market investment decision. Deferred stock units typically convert to shares or cash per plan terms when they vest or upon departure; here the units vest in full upon the director’s termination.
Insider Transaction Report
- Award
Class B Common Stock
[F1]2026-06-30+369→ 65,930 total
Footnotes (1)
- [F1]The reporting person received a deferred stock unit grant in lieu of director cash compensation. The deferred stock units vest in full upon the reporting person's termination as a director.