Form 4: Richard Sands Reports Transaction in Constellation Brands, Inc. Stock
SEC Form 4 Filing
Richard Sands, a director and 10% owner of Constellation Brands, Inc., reports a transaction involving Class A Common Stock and Restricted Stock Units.
Summary
- On July 10, 2024, Richard Sands reported a transaction involving Constellation Brands, Inc. (STZ) stock.
- The transaction involved the acquisition of 463 Class A Common Stock shares through the vesting of Restricted Stock Units.
- Sands also indirectly owns a significant amount of Class A Common Stock through RRA&Z Holdings LLC (20,488,818 shares) and RES Master LLC (187,552 shares).
- Additionally, 15,720 shares are held indirectly by Sands' spouse.
- The reporting person disclaims beneficial ownership with respect to securities held in this manner.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date of transaction involving Class A Common Stock and Restricted Stock Units. |
| 07/12/2024 | Date of signature for the report. |
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