MOLSON COORS BEVERAGE CO·4/A

Mar 30, 8:14 PM ET

Joubert Tracey 4/A

Research Summary

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Molson Coors (TAP) CFO Tracey Joubert Receives Option Award

What Happened
Tracey Joubert, Chief Financial Officer of Molson Coors Beverage Co. (TAP), was granted 54,152 employee stock options (reported as a derivative acquisition) dated March 4, 2026. The options are reported at $0.00 acquisition value (typical for a grant — no cash paid). This Form 4 is an amendment correcting the number of options originally reported.

Key Details

  • Transaction date: March 4, 2026 (grant); original Form 4 filed March 6, 2026; this amended Form 4 filed March 30, 2026.
  • Transaction type/code: Award/Grant (A) — 54,152 employee stock options acquired, $0.00 reported price (derivative).
  • Vesting/exercise: The options "vest in full and become exercisable" on March 4, 2029 (footnote F2).
  • Amendment note: Footnote F1 states the original Form 4 (Mar 6) misreported the number of options; this filing corrects that calculation.
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Timeliness: The original Form 4 was filed March 6 (within the usual 2-business-day window after a Mar 4 transaction); this filing is an amendment to correct the reported amount.

Context
This was a compensation-related option grant (a derivative award), not an open-market purchase or sale. Grants do not represent immediate stock ownership or realized proceeds — the options must vest and be exercised (here, exercisable on March 4, 2029) and their eventual value depends on future share price and the exercise terms. The amendment simply corrects the reported quantity of options granted.