Constellation Brands, Inc. has recently released its 10-K report, providing a comprehensive overview of its business operations. The company, along with its subsidiaries, is involved in the production, import, marketing, and sale of beer, wine, and spirits across various countries. Constellation Brands offers a wide range of products under popular brands such as Corona, Modelo, Kim Crawford, and SVEDKA. The company was founded in 1945 and is headquartered in Victor, New York.
In the 10-K report, under Item 12, Constellation Brands discloses information regarding the security ownership of certain beneficial owners and management, as well as related stockholder matters. The report indicates that as of February 28, 2025, the company had 2,845,159 securities to be issued upon the exercise of outstanding options, warrants, and rights. The weighted average exercise price of these outstanding options, warrants, and rights was $212.95, with 9,885,819 securities remaining available for future issuance under equity compensation plans, excluding securities reflected in the first column.
The equity compensation plans approved by security holders include the Long-Term Stock Incentive Plan and the 1989 Employee Stock Purchase Plan. This includes 253,141 shares of unvested performance share units and 333,985 shares of unvested restricted stock units under the Long-Term Stock Incentive Plan. The report also notes that approximately 1,044,053 shares of Class A Stock under the Employee Stock Purchase Plan remained available for purchase, with around 40,500 shares subject to purchase during the current offering period. As a result of these announcements, the company's shares have moved -0.9% on the market, and are now trading at a price of $185.23. For the full picture, make sure to review Constellation Brands's 10-K report.
