Erickson Paula Kristine 4
4 · CONSTELLATION BRANDS, INC. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Constellation Brands (STZ) EVP Paula Erickson Receives 1,800 Shares (RSU)
What Happened Paula Kristine Erickson, EVP & Chief Human Resources Officer of Constellation Brands (STZ), had 1,800 restricted stock units (RSUs) convert to common shares on May 1, 2026. The RSUs converted at $0.00 (no cash exercise price). To cover tax withholding, 506 of the shares were surrendered at $152.82 each for a tax withholding amount of $77,327, leaving a net delivery of 1,294 shares to Erickson.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely).
- Conversion/exercise: 1,800 RSUs converted to 1,800 shares (derivative conversion, code M).
- Tax withholding/disposition: 506 shares withheld/disposed at $152.82 each for $77,327 (code F).
- Net shares delivered to insider: 1,294 shares (1,800 − 506).
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes: F1—each RSU converts to one Class A share; F3—these RSUs vested on May 1, 2026 and vested shares are delivered net of shares withheld for taxes; F2 notes some shares were acquired under the 1989 ESPP in Jan 2026.
Context This was a routine RSU vesting event with shares converted and a portion withheld to satisfy tax obligations (a common “net share settlement” approach). It is not an open-market purchase or sale intended to signal investment sentiment; the transaction reflects compensation vesting and tax withholding mechanics rather than a cash trade.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-05-01+1,800→ 1,867 total - Tax Payment
Class A Common Stock
2026-05-01$152.82/sh−506$77,327→ 1,361 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-01−1,800→ 3,596 totalFrom: 2026-05-01→ Class A Common Stock (1,800 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- [F2]Includes shares of Constellation Brands, Inc. Class A Common Stock acquired in January 2026 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- [F3]The restricted stock units vest in three equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2026. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.