Sabia James A. Jr. 4
4 · CONSTELLATION BRANDS, INC. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Constellation Brands (STZ) James A. Sabia Jr. Receives Award
What Happened James A. Sabia Jr., EVP & President, Beer at Constellation Brands (STZ), received a grant of 1,375 performance share units (PSUs) on 2026-04-07. The grant was reported as an award (derivative transaction) at $0.00 per share because PSUs are contingent rights to receive shares if performance and service conditions are met. No cash changed hands at grant.
Key Details
- Transaction date: 2026-04-07; Filing date: 2026-04-09 (Form 4) — filed within the usual two-business-day window.
- Award: 1,375 performance share units (reported as acquisition A) at $0.00 (derivative).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 — each PSU converts to one Class A common share if earned; F2 — performance criteria were satisfied on 2026-04-07; F3 — PSUs vest May 1, 2026 only if the reporting person remains employed through that date; vested shares will be delivered net of shares withheld for taxes.
- Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.
Context Performance share units are a form of long-term, performance-based compensation. They do not immediately increase public float and only convert to actual shares if both performance targets and continued employment conditions are met. Because this is an award (not an open-market buy or sale), it should be viewed as compensation rather than a direct insider market signal.
Insider Transaction Report
- Award
Performance Share Units
[F1][F2][F3]2026-04-07+1,375→ 1,375 total→ Class A Common Stock (1,375 underlying)
Footnotes (3)
- [F1]Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- [F2]Represents the date that the performance criteria with respect to the performance share units was satisfied.
- [F3]The performance share units vest on May 1, 2026 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.