Hankinson Garth 4

What Happened

• Garth Hankinson, EVP & CFO of Constellation Brands, received an award of 8,334 restricted stock units (RSUs) on April 24, 2026. The award is reported as an acquisition-type transaction (Code A) at $0.00 per unit because RSUs are contingent rights to future shares rather than an immediate cash purchase.

Key Details

• Transaction date: 2026-04-24; Transaction type: Grant/Award (Code A).
• Amount: 8,334 restricted stock units; reported acquisition price: $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided excerpt (check the full Form 4 for total holdings).
• Footnotes: F1 — each RSU converts to one share of Constellation Brands Class A common stock when settled. F2 — the RSUs vest in three equal annual installments beginning on the specified start date; vested shares will be delivered net of shares withheld to satisfy taxes.
• Filing: Form 4 filed with accession 0001797763-26-000004 on 2026-04-28 (verify SEC filing for timeliness status).

Context

• RSU grants are a common form of executive compensation and are not the same as an open-market purchase or sale; they represent a contingent right to receive shares subject to vesting. Because vesting and tax-withholding can reduce net shares delivered, the economic value to the insider depends on Constellation Brands’ share price at settlement.