Glaetzer Samuel J 4

What Happened
Samuel J. Glaetzer, EVP & President, Wine and Spirits at Constellation Brands (STZ), was granted 192 performance share units (a derivative award) on April 7, 2026. The reported acquisition price is $0.00 because these are performance-based units that convert to common shares if performance and service conditions are met; the filing lists the units rather than an immediate market-value purchase or sale.

Key Details

• Transaction date: 2026-04-07 (performance criteria satisfied on this date per filing footnote).
• Award: 192 performance share units; reported price = $0.00 (derivative award, not an open-market purchase).
• Vesting/delivery: Units vest on May 1, 2026 if the reporting person remains employed; vested shares will be delivered net of shares withheld for taxes (footnotes F1–F3).
• Shares owned after transaction: Not specified in the provided excerpt.
• Filing date: 2026-04-09 — filed within the typical 2-business-day Form 4 window (timely).
• Remarks: Exhibit 24 — Power of Attorney included.

Context
Performance share units are contingent rights to receive company stock if performance goals and continued employment requirements are met; they are different from outright purchases or sales and do not necessarily reflect an immediate personal cash investment. This award is a compensation/retention event (code A) rather than a buy or sell in the open market.