Form 4: WildStar Partners LLC and RRA&Z Holdings LLC Report Sale of Constellation Brands Shares
SEC Form 4 Filing
WildStar Partners LLC and RRA&Z Holdings LLC jointly reported the sale of 59,637 shares of Constellation Brands Class A Common Stock at an average price of $240.38.
Summary
- WildStar Partners LLC and RRA&Z Holdings LLC jointly filed a Form 4, disclosing a sale of Constellation Brands Class A Common Stock.
- The transaction involved the sale of 59,637 shares at a weighted average price of $240.38 per share.
- The shares were sold in multiple transactions with prices ranging from $239.89 to $240.62 per share.
- WildStar Partners LLC and RRA&Z Holdings LLC are both listed as reporting persons.
- The filing also details the indirect ownership of Constellation Brands shares through various business holdings partnerships.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a share sale, with no indication of positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of share transactions by significant shareholders, which is common in the public markets. It provides transparency into the trading activities of insiders and major stakeholders.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and major shareholders in publicly traded companies.
- The level of detail provided in this filing is consistent with SEC requirements for Form 4 disclosures.
- The transaction is similar to other insider sales reported by major shareholders in comparable companies.
Stakeholder Impact
- The share sale may have a minor impact on the stock price, but it is unlikely to be significant given the relatively small volume compared to the total shares outstanding.
- The filing provides transparency to shareholders regarding the trading activities of major stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/13/2024 | Date of the share sale transaction. |
| 11/15/2024 | Date of the Form 4 filing. |
Keywords
Constellation Brands, WildStar Partners LLC, RRA&Z Holdings LLC, Form 4, Share Sale, Stock Transaction, Beneficial Ownership
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