HERINGTON CHARLES M 4
4 · MOLSON COORS BEVERAGE CO · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Molson Coors (TAP) Director Charles Herington Receives Award
What Happened
Charles M. Herington, a director of Molson Coors Beverage Co. (TAP), was granted 334 deferred stock units on 2026-03-31. The units were reported at $0.00 per share (award/grant), meaning this was a non‑cash equity award rather than a market purchase or sale. No immediate cash transaction or open‑market trade occurred.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-01 (appears timely).
- Transaction type: Award/Grant (code A) — 334 deferred stock units; reported value per unit $0.00 on the form.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The units were granted in lieu of director cash compensation and "vest in full upon the reporting person's termination as a director." (Footnote F1)
- Filing timeliness: No late‑filing indication in the provided data.
Context
Deferred stock units are a form of compensation that convert to cash or shares (depending on plan rules) at a future date or upon a triggering event. Because these units vest only upon termination as a director, this award does not represent an immediate purchase or sale and should not be read as an active market signal by itself. The economic value of the grant depends on TAP’s share price when/if the units convert.
Insider Transaction Report
- Award
Class B Common Stock
[F1]2026-03-31+334→ 61,585 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.