Robert Sands - Nov 13, 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Signature
/s/ Robert Sands
Stock symbol
STZ
Transactions as of
Nov 13, 2024
Transactions value $
-$14,335,542
Form type
4
Date filed
11/15/2024, 04:05 PM
Previous filing
Oct 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Sale -$14.3M -59.6K -0.29% $240.38 20.4M Nov 13, 2024 By RRA&Z Holdings LLC F1, F2
holding STZ Class A Common Stock 8.6K Nov 13, 2024 Direct
holding STZ Class A Common Stock 432K Nov 13, 2024 By RSS Master LLC F3
holding STZ Class A Common Stock 19.3K Nov 13, 2024 By PKSDT 2016 STZ F4
holding STZ Class A Common Stock 1.77K Nov 13, 2024 By Spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $239.89 to $240.62 per share, inclusive. The reporting person undertakes to provide Constellation Brands, Inc., any security holder of Constellation Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this Form 4.
F2 Various Sands family limited partnerships directly own the reported shares of Class A 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.
F3 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 S. Sands Master Trust. Robert Sands is the sole trustee and sole beneficiary of the Robert S. Sands Master Trust.
F4 PKSDT 2016 STZ LLC ("PKSDT") directly owns the reported securities and is a wholly-owned subsidiary of the Pamela K. Sands 2016 Descendants' Trust (the "Trust"). These shares are held for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of the Trust. The 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.
F5 The 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.