Robert Sands - May 31, 2025 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Signature
/s/ Robert Sands
Stock symbol
STZ
Transactions as of
May 31, 2025
Transactions value $
$0
Form type
4
Date filed
6/3/2025, 04:05 PM
Previous filing
Nov 22, 2024
Next filing
Jul 14, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SANDS ROBERT Director, 10%+ Owner C/O CONSTELLATION BRANDS, INC., 50 EAST BROAD STREET, ROCHESTER /s/ Robert Sands 2025-06-03 0001245564

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Other -20.4M -100% 0 May 31, 2025 By RRA&Z Holdings LLC F1, F2
holding STZ Class A Common Stock 8.6K May 31, 2025 Direct
holding STZ Class A Common Stock 432K May 31, 2025 By RSS Master LLC F3
holding STZ Class A Common Stock 19.3K May 31, 2025 By PKSDT 2016 STZ F4
holding STZ Class A Common Stock 912K May 31, 2025 By RSS 2015 Business Holdings LP F5
holding STZ Class A Common Stock 3.88M May 31, 2025 By RSS Business Holdings LP F6
holding STZ Class A Common Stock 2.16M May 31, 2025 By SSR Business Holdings LP F7
holding STZ Class A Common Stock 1.77K May 31, 2025 By Spouse F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The membership interests in RRA&Z Holdings LLC ("RRA&Z") were contributed to WSP Holdings Master LLC ("WSP Holdings"), a wholly owned subsidiary of WSP Holdings Trust ("WSP Trust"). WSP Trust is an irrevocable trust in which the beneficiaries will be various charitable organizations and will be managed by an independent trustee. The independent trustee can be removed and replaced by a vote of certain Sands family members.
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 is the sole member of WildStar. The reporting person is a director of RRA&Z and WildStar.
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 reported securities are owned directly by RSS 2015 Business Holdings LP ("RSS 2015 Holdings"). RSS 2015 Business Management LLC ("RSS 2015 Management") is the co-general partner of, and owns a 0.02458% interest in, RSS 2015 Holdings. The reporting person indirectly controls RSS 2015 Management. The reported securities were previously reported by the reporting person as a portion of the securities indirectly held through RRA&Z.
F6 The reported securities are owned directly by RSS Business Holdings LP ("RSS Holdings"). RSS Business Management LLC ("RSS Management") is the co-general partner of, and owns a 0.009% interest in, RSS Holdings. The reporting person indirectly controls RSS Management. The reported securities were previously reported by the reporting person as a portion of the securities indirectly held through RRA&Z.
F7 The reported securities are owned directly by SSR Business Holdings LP ("SSR Holdings"). SSR Business Management LLC ("SSR Management") is the co-general partner of, and owns a 0.016% interest in, SSR Holdings. The reporting person indirectly controls SSR Management. The reported securities were previously reported by the reporting person as a portion of the securities indirectly held through RRA&Z.
F8 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.