Constellation Brands (STZ) Director Giles William T Receives 1,400 RSU Award

What Happened
Giles William T, a director of Constellation Brands, was granted 1,400 restricted stock units (RSUs) on July 22, 2026. The award is reported as a derivative grant (transaction code A) with an acquisition price of $0. RSUs are not immediately issued shares; they represent the contingent right to receive one share of Class A common stock per unit upon vesting.

Key Details

• Transaction date: 2026-07-22; reported on Form 4 filed 2026-07-24 (appears timely).
• Security: 1,400 restricted stock units (derivative grant), acquisition price reported as $0.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1 — each RSU converts to one share of Class A common stock; F2 — RSUs vest on the date(s) specified in the grant and vested shares will be delivered as of the vesting date.
• Transaction type: Award/Grant (A). No sale or purchase of shares occurred.

Context
RSU grants are a common form of compensation for directors and typically vest over time or on a specified date; they do not reflect an immediate market purchase or sale. Because these are contingent units, they only convert to actual shares if and when the vesting conditions are met. This filing reports the grant itself and does not indicate any immediate change in market exposure by the director.