Constellation Brands (STZ) CEO Nicholas Fink Receives 1,114 Shares (RSU Vest)

What Happened

• Nicholas I. Fink, President & CEO and a director of Constellation Brands (STZ), reported the conversion/settlement of 1,114 restricted stock units into 1,114 shares on 2026-07-10. The Form 4 shows an acquisition of 1,114 shares at $0.00 and a simultaneous disposition of 1,114 shares at $0.00 (aggregate cash reported: $0).
• This transaction reflects an equity award vesting/settlement event rather than an open‑market purchase or a voluntary sale.

Key Details

• Transaction date: 2026-07-10; Form 4 filed: 2026-07-14 (Accession 0001549543-26-000007).
• Reported entries: 1,114 shares acquired @ $0.00; 1,114 shares disposed @ $0.00.
• Shares owned after transaction: not disclosed in the excerpt provided.
• Relevant footnotes from the filing:
  • F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of Class A Common Stock.
  • F2: All of these RSUs vest on the date specified; vested shares will be delivered to the reporting person as of the vesting date.
• The filing does not specify tax‑withholding details or a 10b5-1 plan in the excerpt.

Context

• The entries are derivative‑conversion/vesting transactions (reported under code M). A $0.00 price on the Form 4 means no cash purchase price was paid on the reported acquisition; market value at vesting is not shown here.
• The matching acquisition and disposition of the same number of shares often reflects administrative settlement or transfers (for example, delivery or withholding) following RSU vesting, but the filing’s footnotes only confirm vesting and delivery — they do not explicitly state the reason for the simultaneous disposition.