Key facts
- This page summarizes Robert Sands Master Trust's Form 4 filing for CONSTELLATION BRANDS, INC. (STZ).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 19 Jul 2022, 16:27.
Robert Sands Master Trust - 15 Jul 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- STZ
- Reported as of
- 15 Jul 2022
- Net transaction value
- -$346,683,875
- SEC form
- 4
- Accepted by SEC
- 19 Jul 2022, 16:27:18 UTC
- Prior SEC filing
- 02 Dec 2021
- Next SEC filing
- 18 Oct 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert Sands, Trustee of Robert Sands Master Trust
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert Sands Master Trust filed Form 4 for CONSTELLATION BRANDS, INC. (STZ) on 19 Jul 2022.
Change
- Previous filing in this sequence was filed on 02 Dec 2021.
- Current net transaction value: -$346,683,875.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
STZ
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,244,467
- Change %
- +226%
- Price
- Shares after
- 1,794,681
- Date
- 15 Jul 2022
- Ownership
- By RSS Master LLC
- Footnotes
- F1, F2
STZ
transaction
Class A Common Stock
Sale
- Transaction value
- $302,169,032
- Shares
- -1,244,467
- Change %
- -69%
- Price
- $242.81
- Shares after
- 550,214
- Date
- 15 Jul 2022
- Ownership
- By RSS Master LLC
- Footnotes
- F2, F3
STZ
transaction
Class A Common Stock
Sale
- Transaction value
- $44,514,843
- Shares
- -183,332
- Change %
- -3.3%
- Price
- $242.81
- Shares after
- 5,300,510
- Date
- 15 Jul 2022
- Ownership
- By RRA&Z Holdings LLC
- Footnotes
- F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
STZ
transaction
Derivative
Class 1 (convertible) Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,244,467
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Jul 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,244,467
- Exercise price
- Footnotes
- F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.
Footnote F2
RSS Master LLC ("RSS Master") is the direct owner of these securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust.
Footnote F3
Includes 913 shares of Class A Common Stock that were transferred to RSS Master on May 9, 2022 by Robert Sands.
Footnote F4
On July 15, 2022, MAS Business Holdings LP ("MAS") entered into a private transaction to sell 183,332 shares of Class A Common Stock.
Footnote F5
The reported shares are also indirectly owned by RSS Master. Various Sands family limited partnerships, including MAS, directly own the reported shares of Class A Common Stock and Class B Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RSS Master is a member of RRA&Z.
Footnote F6
Shares of Class 1 Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis. In accordance with the certificate of incorporation of Constellation Brands, any shares of Class A Common Stock issued upon conversion of shares of Class 1 Common Stock must be sold immediately in connection with the conversion. Class 1 Common Stock is not traded on any stock exchange.