Form 4: Constellation Brands Executive Michael McGrew Reports Stock Transactions
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
| Date | Description |
|---|---|
| 05/01/2022 | Beginning of vesting period for some restricted stock units. |
| 05/01/2023 | Beginning of vesting period for some restricted stock units. |
| 05/01/2024 | Beginning of vesting period for some restricted stock units. |
| 01/2025 | Acquisition of Class A Common Stock under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan. |
| 05/01/2025 | Date of transaction: vesting of restricted stock units and related stock disposal for tax obligations. |
| 05/05/2025 | Date of Form 4 filing. |
Keywords
Constellation Brands, STZ, Michael McGrew, Form 4, Stock Transaction, Restricted Stock Units, Employee Stock Purchase Plan, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.