Hankinson Garth 4

What Happened

• Garth Hankinson, EVP & Chief Financial Officer of Constellation Brands (STZ), was granted 2,281 performance share units (a derivative award) on April 7, 2026. The reported acquisition price is $0.00 because these are performance-based units, not a cash purchase or open-market trade.
• These units are contingent rights to receive one share of Class A common stock per unit if performance and vesting conditions are met; there is no immediate cash value reported in the filing.

Key Details

• Transaction date: April 7, 2026; Filing date (Form 4): April 9, 2026 — filed within the required two business days.
• Instrument: 2,281 performance share units reported as an award/grant (derivative) at $0.00.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Each performance share unit equals a contingent right to one share of Class A common stock.
  • F2: The performance criteria for these units was satisfied on April 7, 2026.
  • F3: The units vest on May 1, 2026 only if Hankinson remains employed through that date; vested shares will be delivered net of shares withheld to satisfy taxes.
• Exhibit/Remarks: Exhibit 24 – Power of Attorney included.

Context

• This was a grant of performance-based equity, not an open-market purchase or sale. Such awards are common as part of executive compensation and are contingent on performance and continued employment, so they do not necessarily indicate immediate buying or selling sentiment.