SEC Form 4 · accession 0001245563-26-000002
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Sands
Director · 10% Owner
Period of report
Jul 10, 2026
Accepted (ET)
Jul 14, 2026 · 4:42 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000016918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jul 10, 2026 | M | 1,114 | $0.00 | A | 1,114 | D | |
| Class A Common StockF2,F3 | holding | — | — | — | 188,518 | I | By RES Master LLC | |
| Class A Common StockF4 | holding | — | — | — | 5,066,666 | I | By RES Business Holdings LP | |
| Class A Common StockF5 | holding | — | — | — | 1,736,884 | I | By SER Business Holdings LP | |
| Class A Common StockF6 | holding | — | — | — | 15,720 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F7 | — | Jul 10, 2026 | M | 1,114 | D | Jul 10, 2026 | — | Class A Common Stock | 1,114 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2503 shares of Class A Common Stock were previously reported as held directly by the reporting person. The reporting person has transferred the securities to RES Master LLC ("RES Master"), which is the direct owner of these securities.
- F3RES Master directly owns the reported securities. RES Master is a limited liability company that is wholly-owned by the Richard Sands Master Trust. The reporting person is the sole trustee and sole beneficiary of the Richard Sands Master Trust.
- F4The reported securities are owned directly by RES Business Holdings LP ("RES Holdings"). RES Business Management LLC ("RES Management") is the co-general partner of, and owns a 0.010% interest in, RES Holdings. The reporting person indirectly controls RES Management.
- F5The reported securities are owned directly by SER Business Holdings LP ("SER Holdings"). SER Business Management LLC ("SER Management") is the co-general partner of, and owns a 0.016% interest in, SER Holdings. The reporting person indirectly controls SER Management.
- F6The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
- F7All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date.
Remarks
Exhibit 24 - Power of Attorney