CONSTELLATION BRANDS, INC.·4

Apr 28, 4:51 PM ET

Erickson Paula Kristine 4

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Constellation Brands (STZ) EVP Paula Erickson Receives RSU Award

What Happened
Paula Kristine Erickson, EVP and Chief Human Resources Officer of Constellation Brands (STZ), received an award of 3,526 restricted stock units (RSUs) on April 24, 2026. The grant is recorded as a derivative award (Form 4 code A) at $0.00 per unit because RSUs are contingent rights to receive shares in the future rather than an open-market purchase.

Key Details

  • Transaction date: 2026-04-24; Form 4 filed: 2026-04-28.
  • Award: 3,526 restricted stock units (RSUs) granted; reported price $0.00 (derivative award).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 — each RSU represents a contingent right to one Class A common share. F2 — 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.
  • Remarks: Exhibit 24 — Power of Attorney attached.

Context
RSU grants are compensation awards and do not represent an open-market purchase or sale; they become company shares only as they vest. Because vested shares are delivered net of tax withholding, the actual number of shares received on each vesting date will be reduced to cover taxes. This type of filing signals executive compensation but is not a standalone indicator of insider sentiment about the stock price.