Daniels Jennifer 4
Research Summary
AI-generated summary
Constellation Brands (STZ) Director Jennifer Daniels Receives 1,400 RSUs
What Happened
- Jennifer Daniels, a director of Constellation Brands (STZ), was granted 1,400 restricted stock units (RSUs) on July 22, 2026. The award is recorded as a derivative acquisition at a grant price of $0.00 (no cash paid).
- This is a stock award (compensation), not a purchase or sale; no immediate cash value is reported in the filing.
Key Details
- Transaction date: 2026-07-22; Form 4 filed 2026-07-24 (appears timely under the 2-business-day rule).
- Award: 1,400 RSUs; grant price: $0.00; transaction code: A (award/acquisition, derivative).
- Footnotes: F1 — each RSU represents a contingent right to one share of Class A common stock; F2 — the RSUs vest on the date(s) specified (not listed here) and vested shares will be delivered as of the vesting date.
- Shares owned after transaction: not specified in this filing.
Context
- RSUs are a common form of director compensation and convert to actual shares only when they vest; this grant does not indicate an immediate purchase or sale of stock.
- Because this is a non-cash compensation award, it’s informational about company pay practices rather than a direct bullish or bearish trade by the insider.