Glaetzer Samuel J 4
Research Summary
AI-generated summary
Constellation Brands (STZ) EVP Samuel Glaetzer Receives RSU Award
What Happened
Samuel J. Glaetzer, EVP and President, Wine and Spirits at Constellation Brands, was granted 5,289 restricted stock units (RSUs) on April 24, 2026. The grant is reported as a derivative award (code A) with a reported acquisition price of $0.00 — typical for RSU compensation awards rather than an open‑market purchase.
Key Details
- Transaction date: 2026-04-24; Filing date: 2026-04-28. (Form 4 shows these dates; timeliness of the filing is not explicitly flagged in the filing.)
- Instrument: 5,289 restricted stock units (RSUs) — each RSU represents a contingent right to one share of Class A common stock (footnote F1).
- Vesting: RSUs vest in three equal annual installments beginning on the date specified; vested shares will be delivered net of shares withheld for taxes (footnote F2).
- Price: $0.00 per unit at grant (no cash paid at grant).
- Shares owned after the transaction: not disclosed in this filing.
Context
RSU grants are a form of equity compensation and do not involve an immediate purchase or sale of shares; value is realized as units vest and convert into shares (subject to tax withholding). Such awards are routine for executives and reflect compensation decisions by the company rather than direct buy/sell investment signals.