Zaramella Luca 4
Research Summary
AI-generated summary
Constellation Brands (STZ) Director Luca Zaramella Receives RSU Award
What Happened
Luca Zaramella, a director of Constellation Brands (STZ), received an award of 1,400 restricted stock units (RSUs) on July 22, 2026. The filing lists the transaction as an award/acquisition (code A) for 1,400 shares at $0.00 — a derivative grant that represents a contingent right to one share of Class A common stock per unit.
Key Details
- Transaction date: 2026-07-22; Form 4 filed: 2026-07-24 (two days after the transaction).
- Transaction type/code: Award/Grant (A); derivative transaction (RSUs).
- Quantity: 1,400 restricted stock units; reported price: $0.00 (no cash exchanged).
- Footnote F1: Each RSU converts to one share of Class A common stock if and when vested.
- Footnote F2: These RSUs vest on the date specified; vested shares will be delivered to the reporting person as of the vesting date.
- Shares owned after the transaction: not reported in the provided filing excerpt.
Context
RSU awards are compensation grants (not open-market purchases or sales). They become taxable/convert to actual shares only when they vest and are delivered. Such awards are common for directors and executives and do not by themselves indicate a buy or sell decision in the market.