Form 4: Constellation Brands EVP James A. Sabia Jr. Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


James A. Sabia Jr., EVP & President of Beer at Constellation Brands, reports the acquisition of 6,070 restricted stock units on April 25, 2025, according to a Form 4 filing with the SEC.

Summary

  • On April 29, 2025, a Form 4 filing was submitted to the SEC regarding James A. Sabia Jr., EVP & President of Beer at Constellation Brands.
  • The filing reports a transaction on April 25, 2025, where Mr. Sabia acquired 6,070 restricted stock units.
  • These restricted stock units vest in three equal annual installments beginning May 1, 2026.
  • Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
  • Vested shares will be delivered net of shares withheld to satisfy taxes.
  • The filing also includes a Power of Attorney, effective as of April 9, 2025, granting certain individuals the authority to file documents with the SEC on Mr. Sabia's behalf.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation, and does not contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into the equity holdings of company executives.

Stakeholder Impact

  • Shareholders may be interested in the details of executive compensation.
  • The filing provides transparency regarding the equity ownership of a key executive.

Key Dates

DateDescription
2025-04-09Effective date of Power of Attorney.
2025-04-25Date of transaction: Acquisition of restricted stock units.
2025-04-29Date of Form 4 filing.
2026-05-01First vesting date for the restricted stock units.

Keywords

Form 4, Constellation Brands, Restricted Stock Units, Beneficial Ownership, SEC Filing, James A. Sabia Jr., Executive Compensation

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