Flatley Edith Morgan 4

What Happened
Edith Morgan Flatley, a director of Constellation Brands, had 187 restricted stock units (RSUs) convert into 187 shares on July 10, 2026. The Form 4 reports an acquisition of 187 shares at $0.00 (reflecting vesting/conversion of RSUs) and a corresponding disposition of the derivative instrument (the RSU) at $0.00. No cash changed hands and no open‑market sale occurred — this is routine award vesting/conversion, not a buy or sale.

Key Details

• Transaction date: July 10, 2026; Form 4 filed July 14, 2026 (appears to exceed the typical 2-business-day filing window).
• Reported price: $0.00 per share; total reported cash value = $0.
• Shares acquired via conversion: 187 shares.
• Shares owned after transaction: not disclosed in the provided filing extract.
• Footnotes: F1 — each RSU represents a contingent right to one share. F2 — these RSUs vested on the date shown and vested shares are delivered to the reporting person as of the vesting date.
• Transaction codes: M = exercise/conversion of a derivative; the separate “disposed” derivative line reflects conversion of the RSU into underlying shares.

Context
This was a settlement/vesting of previously granted RSUs rather than an open‑market purchase or sale. Such conversions are common compensation events and do not by themselves signal insider buying or selling intent. The later filing date may be noteworthy for compliance/timeliness tracking.