Form 4: Constellation Brands Executive Samuel Glaetzer Reports Stock Transactions
SEC Form 4
EVP & President of Wine and Spirits at Constellation Brands, Samuel J Glaetzer, reports transactions involving Class A Common Stock and Restricted Stock Units.
Summary
- Samuel J Glaetzer, EVP & President of Wine and Spirits at Constellation Brands, filed a Form 4 detailing changes in beneficial ownership.
- On May 1, 2025, Glaetzer acquired 1,913 shares of Class A Common Stock at $0 and disposed of 626 shares at $185.44.
- The transactions also involved the vesting and disposal of Restricted Stock Units, resulting in the acquisition of Class A Common Stock.
- Following these transactions, Glaetzer directly owns 6,276 shares of Class A Common Stock.
- The reported transactions included the vesting of restricted stock units from grants in 2022, 2023, 2024 and 2025.
- Vested shares are delivered net of shares withheld to satisfy taxes.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates transactions by a key executive at Constellation Brands, which is typical for executives receiving stock-based compensation.
Comparison to Industry Standards
- Executive stock transactions are common across publicly traded companies like Constellation Brands.
- Companies such as Brown-Forman (BF.B) and Diageo (DGE) also see regular Form 4 filings from their executives.
- The vesting and subsequent sale of restricted stock units is a standard form of executive compensation, aligning executive interests with shareholder value.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The vesting of restricted stock units impacts the executive's compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2022 | Date of initial vesting for some of the restricted stock units. |
| 05/01/2023 | Date of initial vesting for some of the restricted stock units. |
| 05/01/2024 | Date of initial vesting for some of the restricted stock units. |
| 01/2025 | Shares of Class A Common Stock acquired under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan. |
| 05/01/2025 | Date of transactions involving Class A Common Stock and Restricted Stock Units. |
| 05/05/2025 | Date of report filing. |
Keywords
Form 4, Constellation Brands, Stock Transactions, Beneficial Ownership, Samuel Glaetzer, Restricted Stock Units, Class A Common Stock
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.