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

Signature
/s/ Richard Sands
Stock symbol
STZ
Transactions as of
Nov 13, 2024
Transactions value $
-$14,335,542
Form type
4
Date filed
11/15/2024, 04:09 PM
Previous filing
Jul 18, 2024
Next filing
Nov 22, 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 188K Nov 13, 2024 By RES Master LLC F3, F4
holding STZ Class A Common Stock 15.7K 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 securities. 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. The reporting person indirectly owns a membership interest in and is co-manager of RRA&Z.
F3 RES Master LLC ("RES 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.
F4 463 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, which is the direct owner of these securities.
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.