Form 4: Constellation Brands Executive Michael McGrew Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


EVP Michael McGrew reports the vesting and disposal of restricted stock units and acquisition of shares through an employee stock purchase plan.

Summary

  • Michael McGrew, EVP, Chief Com, CSR, Incl Off of Constellation Brands, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units on May 1, 2025.
  • McGrew disposed of 1,019 Class A Common Stock shares related to the vesting of Restricted Stock Units.
  • 282 Class A Common Stock shares were disposed of to cover tax obligations at a price of $185.44.
  • McGrew acquired 1,019 shares of Class A Common Stock through the vesting of restricted stock units.
  • McGrew also acquired shares through the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan in January 2025.
  • Following the reported transactions, McGrew beneficially owns 2,549 shares of Class A Common Stock directly and various amounts of Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. It's a neutral event in terms of company performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership adjustments.

Key Dates

DateDescription
05/01/2022Beginning of vesting period for some restricted stock units.
05/01/2023Beginning of vesting period for some restricted stock units.
05/01/2024Beginning of vesting period for some restricted stock units.
01/2025Acquisition of Class A Common Stock under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
05/01/2025Date of transaction: vesting of restricted stock units and related stock disposal for tax obligations.
05/05/2025Date of Form 4 filing.

Keywords

Constellation Brands, STZ, Michael McGrew, Form 4, Stock Transaction, Restricted Stock Units, Employee Stock Purchase Plan, Beneficial Ownership

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