LaBarge Jeffrey H. 4
4 · CONSTELLATION BRANDS, INC. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Constellation Brands (STZ) EVP Jeffrey LaBarge Receives 127 Performance Shares
What Happened
Jeffrey H. LaBarge, EVP, Chief Legal Officer & Secretary of Constellation Brands (STZ), was granted 127 performance share units (PSUs) on April 7, 2026. The award was recorded at $0.00 per share (derivative award); the PSUs represent a contingent right to receive one share of Class A common stock per unit if performance conditions and continued employment requirements are met. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-07; Filing date: 2026-04-09 (appears timely).
- Transaction type/code: Award/Grant (A); 127 PSUs acquired at $0.00 (derivative).
- Price/value: $0 reported for the grant; no immediate cash exchanged.
- Vesting/conditions: Performance criteria were satisfied on 2026-04-07 (per filing). PSUs vest on May 1, 2026 only if the reporting person remains employed through that date (F2, F3).
- Delivery/taxes: Vested shares will be delivered on the vesting date net of shares withheld to satisfy taxes (F3).
- Shares owned after transaction: Not specified in the filing.
Context
Performance share units are a common form of executive compensation and are contingent on both performance goals and continued employment. Because these are deferred/contingent awards (not an open-market buy or sale), they should be viewed as compensation-related rather than a direct trading signal.
Insider Transaction Report
- Award
Performance Share Units
[F1][F2][F3]2026-04-07+127→ 127 total→ Class A Common Stock (127 underlying)
Footnotes (3)
- [F1]Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- [F2]Represents the date that the performance criteria with respect to the performance share units was satisfied.
- [F3]The performance share units vest on May 1, 2026 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.