Form 4: WildStar Partners LLC and RRA&Z Holdings LLC Report Class A Common Stock Transaction in Constellation Brands

WildStar Partners LLC and RRA&Z Holdings LLC jointly filed a Form 4, disclosing a sale of 660 Class A Common Stock shares of Constellation Brands, Inc. at $241 per share.

Summary

• WildStar Partners LLC and RRA&Z Holdings LLC jointly reported a transaction involving Constellation Brands, Inc. Class A Common Stock.
• The transaction involved the sale of 660 shares of Class A Common Stock at a price of $241 per share on November 20, 2024.
• The filing also details the indirect beneficial ownership of Class A Common Stock held by various entities, including SER Business Holdings LP, ZMSS Business Holdings LP, AJB Business Holdings LP, RSS 2015 Business Holdings LP, RSS Business Holdings LP, RES Business Holdings LP, and SSR Business Holdings LP.
• WildStar Partners LLC acts as a co-general partner with a 0.045% interest in each of these entities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and does not contain any information that would be considered positive or negative from an investment perspective. It is a neutral event.

Management Comments

• Thomas M. Farace, CEO of WildStar Partners LLC, signed the report.
• Jennifer Garsin, Secretary of RRA&Z Holdings LLC, also signed the report.

Industry Context

This filing is a routine disclosure of stock transactions by significant shareholders, which is common in the public markets.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and large shareholders of publicly traded companies.
• The transaction is relatively small compared to the total holdings of the reporting entities, suggesting it is not a major shift in their investment strategy.
• Other large shareholders of Constellation Brands would also be expected to file similar reports when they make transactions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders due to its small size relative to the overall holdings.

Key Dates

Keywords

Form 4, Constellation Brands, Class A Common Stock, WildStar Partners LLC, RRA&Z Holdings LLC, Beneficial Ownership, SEC Filing, Stock Transaction