Sabia James A. Jr. 4
Research Summary
AI-generated summary
Constellation Brands EVP James A. Sabia Jr. Receives 7,372 RSUs
What Happened
- James A. Sabia Jr., EVP & President, Beer at Constellation Brands (STZ), received a grant of 7,372 restricted stock units (RSUs) on 2026-04-24. The RSUs are derivative awards (transaction code A) recorded at $0.00 per share (no cash paid by the reporting person); total reported value is $0 on the Form 4. This is a compensation award, not an open-market buy or sale.
Key Details
- Transaction date: 2026-04-24; Form 4 filed: 2026-04-28 (timely filing).
- Award: 7,372 RSUs; price reported: $0.00 (derivative grant).
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes: F1 — each RSU represents a contingent right to receive one share of Class A common stock. F2 — RSUs vest in three equal annual installments beginning on the grant date; vested shares will be delivered net of shares withheld to satisfy taxes.
- Transaction type: Award/Grant (A); not a purchase (P) or sale (S).
Context
- RSU grants are a form of compensation and typically do not involve immediate cash exchange by the insider. Vesting conditions determine when actual shares are delivered. This filing reports the grant itself; it does not indicate any immediate sale or purchase of underlying shares.