Form 4: Constellation Brands Executive Acquires Restricted Stock Units
SEC Form 4 Filing
Michael McGrew, EVP, Chief Com, CSR, and Inclusion Officer of Constellation Brands, acquired 1,403 restricted stock units on April 25, 2025, according to a Form 4 filing.
Summary
- On April 25, 2025, Michael McGrew, an executive at Constellation Brands, Inc., acquired 1,403 restricted stock units.
- These restricted stock units vest in three equal annual installments beginning on May 1, 2026.
- Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- The filing also includes a Power of Attorney, effective April 9, 2025, authorizing certain individuals to act on McGrew's behalf in SEC filings.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, and does not contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The restricted stock units will vest in three equal annual installments beginning on May 1, 2026.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence.
Stakeholder Impact
- The acquisition of restricted stock units aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/09/2025 | Effective date of Power of Attorney |
| 04/25/2025 | Transaction date: Michael McGrew acquired restricted stock units |
| 04/29/2025 | Date of signature for the Form 4 filing |
| 05/01/2026 | First vesting date for the restricted stock units |
Keywords
Form 4, restricted stock units, Constellation Brands, Michael McGrew, insider trading, SEC filing, STZ, Power of Attorney
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