Abigail J. Bennett - 10 May 2023 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role: Member of 10% Owner Group
Signature: /s/ Abigail Bennett
Issuer symbol: STZ
Transactions as of: 10 May 2023
Net transactions value: -$145,316,853
Form type: 4
Filing time: 12 May 2023, 19:31:24 UTC
Previous filing: 17 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STZ	Class A Common Stock	Sale	$145,294,500	-650,000	-16%	$223.53	3,365,715	10 May 2023	By AJB Business Holdings LP	F1
transaction	STZ	Class A Common Stock	Sale	$22,353	-100	-100%	$223.53	0	10 May 2023	By MAS Business Holdings LP	F2
holding	STZ	Class A Common Stock						37,415	10 May 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	AJB Business Holdings LP ("AJB Holdings") directly owns the reported securities. AJB Holdings is a limited partnership and AJB Business Management LLC ("AJB Management") is its co-general partner. The Reporting Person indirectly holds limited partner interests in AJB Holdings and is the sole member of AJB Management. The shares held by AJB Holdings were received as a contribution from its former parent, A&Z 2015 Business Holdings LP, which was liquidated in November 2022 and its assets were distributed to its partners.
F2	MAS Business Holdings LP ("MAS") was the direct owner of these securities. MAS is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a 0.0139% general partner interest in MAS. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The Reporting Person is a member and a co-manager of Abby & Zach Holdings.

Content

AJB Business Holdings LP ("AJB Holdings") directly owns the reported securities. AJB Holdings is a limited partnership and AJB Business Management LLC ("AJB Management") is its co-general partner. The Reporting Person indirectly holds limited partner interests in AJB Holdings and is the sole member of AJB Management. The shares held by AJB Holdings were received as a contribution from its former parent, A&Z 2015 Business Holdings LP, which was liquidated in November 2022 and its assets were distributed to its partners.

MAS Business Holdings LP ("MAS") was the direct owner of these securities. MAS is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a 0.0139% general partner interest in MAS. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The Reporting Person is a member and a co-manager of Abby & Zach Holdings.