Form 4: Constellation Brands Executive Exercises and Disposes of Restricted Stock Units

James A. Sabia Jr., EVP & President of Beer at Constellation Brands, recently exercised and disposed of restricted stock units, resulting in changes to his beneficial ownership of company stock.

Summary

• On May 1, 2025, James A. Sabia Jr., EVP & President of Beer at Constellation Brands, exercised restricted stock units (RSUs) and disposed of shares to cover taxes.
• The transactions involved Class A Common Stock.
• Sabia disposed of 660 shares to satisfy tax obligations at a price of $185.44 per share.
• Following the reported transactions, Sabia directly owns 17,787 shares of Class A Common Stock and indirectly owns 3,242 shares through a family trust.
• He also holds 314, 405, 824 and 1,720 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation. It doesn't indicate a particularly positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they relate to the exercise of existing stock options and tax obligations of an executive.

Key Dates

Keywords

Constellation Brands, Insider Trading, Form 4, Stock Options, Restricted Stock Units, Beneficial Ownership, Executive Compensation, STZ, James A. Sabia Jr.