Form 4: Constellation Brands Insider Sells Shares in Multiple Transactions

Zachary M. Stern, a member of a 10% owner group of Constellation Brands, Inc., sold 59,637 shares of Class A Common Stock at a weighted average price of $240.38.

Summary

• Zachary M. Stern, associated with Wildstar Partners LLC, reported the sale of 59,637 shares of Constellation Brands, Inc. Class A Common Stock.
• The shares were sold on November 13, 2024, at a weighted average price of $240.38.
• The transactions occurred at prices ranging from $239.89 to $240.62 per share.
• Following the transaction, Stern indirectly beneficially owns 3,306,078 shares through ZMSS Business Holdings LP.
• Stern also directly owns 33,415 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and does not indicate any specific trend in the beverage industry.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• There are no specific comparible companies or projects mentioned in the document.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is unlikely to significantly affect stakeholders.

Key Dates

Keywords

Constellation Brands, Insider Trading, Stock Sale, Form 4, Zachary Stern, ZMSS Business Holdings LP, Class A Common Stock