LaBarge Jeffrey H. 4
Research Summary
AI-generated summary
Constellation Brands (STZ) EVP Jeffrey LaBarge Receives RSU Award
What Happened
- Jeffrey H. LaBarge, EVP, Chief Legal Officer & Secretary of Constellation Brands, was awarded 4,808 restricted stock units (RSUs) on 2026-04-24. The Form 4 reports the acquisition as a grant (transaction code A) at $0.00 per unit — consistent with a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-24; Form 4 filed 2026-04-28 (Accession 0002110059-26-000007).
- Award: 4,808 restricted stock units; reported price: $0.00 (derivative grant).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 — each RSU equals the contingent right to one share of Class A common stock. F2 — RSUs vest in three equal annual installments beginning on the specified date; vested shares will be delivered net of shares withheld to satisfy taxes.
- No late-filing indicator was provided in the supplied information.
Context
- These RSUs are a form of compensation (not an outright cash purchase or sale). They are derivative awards giving a future right to receive shares subject to vesting and tax withholding; they do not represent immediate transferable stock.
- Awards are common for executives and are primarily compensation-related; they should not be interpreted as direct buy/sell market sentiment.