Form 4: Constellation Brands EVP & CFO Garth Hankinson Reports Stock Transactions
SEC Form 4
Garth Hankinson, EVP & CFO of Constellation Brands, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on May 1, 2025.
Summary
- On May 1, 2025, Garth Hankinson, the EVP & CFO of Constellation Brands, engaged in transactions involving Class A Common Stock and Restricted Stock Units.
- He acquired 3,452 shares of Class A Common Stock at $0 per share.
- He disposed of 1,355 shares of Class A Common Stock at $185.44 per share.
- He also disposed of Restricted Stock Units, including 450 units from the 2022 grant, 755 units from the 2023 grant, 1,368 units from the 2024 grant and 879 units from the 2025 grant.
- Following these transactions, Hankinson directly owns 13,799 shares of Class A Common Stock and holds 3,880 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a standard Form 4 filing, reflecting routine stock transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into executive stock ownership.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies to ensure transparency and compliance with SEC regulations.
Comparison to Industry Standards
- Executive stock transactions are a normal part of compensation and wealth management in publicly traded companies.
- Similar filings are made by executives at comparable companies like Brown-Forman (BF.B) and Molson Coors (TAP) when they trade company stock.
- The details of these transactions, such as the number of shares and price, are closely watched by investors for insights into executive sentiment and potential future performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The transactions are unlikely to significantly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2022 | Date of vesting start for some of the restricted stock units. |
| 05/01/2023 | Date of vesting start for some of the restricted stock units. |
| 05/01/2024 | Date of vesting start for some of the restricted stock units. |
| 05/01/2025 | Date of transaction: Acquisition and disposal of shares and restricted stock units. |
| 05/05/2025 | Date of report filing. |
Keywords
Constellation Brands, Garth Hankinson, Stock Transactions, Form 4, EVP & CFO, Class A Common Stock, Restricted Stock Units, Beneficial Ownership
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