Constellation Brands (STZ) Chair Christopher Baldwin Receives 1,400 RSUs

What Happened

• Christopher J. Baldwin, Director and Non‑Executive Chair of Constellation Brands (STZ), received an award of 1,400 restricted stock units (RSUs) on 2026-07-22. The Form 4 reports the acquisition as a grant/award (code A) with a reporting price of $0.00 (derivative award). The filing indicates these RSUs represent a contingent right to receive one share of Class A common stock per unit upon vesting.

Key Details

• Transaction date: 2026-07-22; Form 4 filed: 2026-07-24 (timely filing).
• Transaction type: Award/Grant of 1,400 RSUs (derivative), reported at $0.00 per unit on the Form 4.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU = right to one share; F2 — all listed RSUs vest on the date(s) specified and vested shares will be delivered to the reporting person as of vesting.
• No indication of a 10b5-1 plan, sale, or tax-withholding conversion in this filing.

Context

• RSU grants are a form of compensation and are different from open‑market purchases or sales; they typically do not signal immediate buying/selling intent by the insider. When RSUs vest, they convert to shares (and may be subject to withholding), but this filing reports the grant itself, not a sale or exercise.