Constellation Brands insider activity
What the executives and directors of Constellation Brands actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 59 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Jul 10, 2026 | MCCARTHY DANIEL J | 1,114 |
| Jul 10, 2026 | GILES WILLIAM T | 1,114 |
| Jul 10, 2026 | SANDS RICHARD | 1,114 |
| Jul 10, 2026 | SANDS ROBERT | 1,114 |
| Jul 10, 2026 | Baldwin Christopher J | 1,114 |
| Jul 10, 2026 | Daniels Jennifer | 1,114 |
| Jul 10, 2026 | Fink Nicholas I. | 1,114 |
| Jul 10, 2026 | Hernandez Ernesto M | 1,129 |
| Jul 10, 2026 | Zaramella Luca | 1,114 |
| Jul 10, 2026 | Clark Christy | 1,114 |
| Jul 10, 2026 | Madero Garza Jose Manuel | 1,425 |
| Jul 10, 2026 | Flatley Edith Morgan | 187 |
| May 1, 2026 | Bourdeau James O. | 8,081 |
| May 1, 2026 | Sabia James A. Jr. | 6,996 |
| May 1, 2026 | Monteiro Mallika | 3,667 |
| May 1, 2026 | Hankinson Garth | 11K |
| May 1, 2026 | McGrew Michael | 2,654 |
| May 1, 2026 | Glaetzer Samuel J | 3,733 |
| May 1, 2026 | Erickson Paula Kristine | 2,306 |
| May 1, 2026 | LaBarge Jeffrey H. | 2,065 |
| Jul 10, 2025 | MCCARTHY DANIEL J | 503 |
| Jul 10, 2025 | GILES WILLIAM T | 503 |
| Jul 10, 2025 | SANDS RICHARD | 503 |
| Jul 10, 2025 | SANDS ROBERT | 503 |
| Jul 10, 2025 | Baldwin Christopher J | 503 |
| Jul 10, 2025 | Daniels Jennifer | 503 |
| Jul 10, 2025 | Fink Nicholas I. | 503 |
| Jul 10, 2025 | Hernandez Ernesto M | 524 |
| Jul 10, 2025 | Zaramella Luca | 503 |
| Jul 10, 2025 | Clark Christy | 503 |
| Jul 10, 2025 | Madero Garza Jose Manuel | 646 |
| May 1, 2025 | Newlands William A | 18K |
| May 1, 2025 | Bourdeau James O. | 4,418 |
| May 1, 2025 | Sabia James A. Jr. | 3,065 |
| May 1, 2025 | Monteiro Mallika | 2,570 |
| May 1, 2025 | Hankinson Garth | 4,807 |
| May 1, 2025 | McGrew Michael | 1,301 |
| May 1, 2025 | Glaetzer Samuel J | 2,539 |
| Jul 10, 2024 | MCCARTHY DANIEL J | 463 |
| Jul 10, 2024 | GILES WILLIAM T | 463 |
| Jul 10, 2024 | SANDS RICHARD | 463 |
| Jul 10, 2024 | SANDS ROBERT | 463 |
| Jul 10, 2024 | Baldwin Christopher J | 208 |
| Jul 10, 2024 | Daniels Jennifer | 463 |
| Jul 10, 2024 | SCHMELING JUDY | 463 |
| Jul 10, 2024 | Fink Nicholas I. | 463 |
| Jul 10, 2024 | Hernandez Ernesto M | 475 |
| Jul 10, 2024 | Zaramella Luca | 463 |
| Jul 10, 2024 | Clark Christy | 463 |
| Jul 10, 2024 | Madero Garza Jose Manuel | 598 |
| May 1, 2024 | Newlands William A | 22K |
| May 1, 2024 | Bourdeau James O. | 6,186 |
| May 1, 2024 | Sabia James A. Jr. | 3,988 |
| May 1, 2024 | Monteiro Mallika | 3,030 |
| May 1, 2024 | Hankinson Garth | 6,563 |
| May 1, 2024 | McGrew Michael | 1,720 |
| May 1, 2024 | Carey Kaneenat Kristann | 1,566 |
| May 1, 2024 | Glaetzer Samuel J | 2,388 |
| Jan 18, 2024 | Hanson Robert Lee | 198 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Vested / exercised | 43K |
| Withheld for tax | 10K |
| Discretionary sales | 6,962 |
| Kept | 26K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| ZMSS Business Holdings LP | 3.4M | 3.3M | 98.2 |
| ZMSS Business Management LLC | 3.4M | 3.3M | 98.2 |
Who holds what
the 14 largest holdings of 31| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| STERN ZACHARY M Last trade Nov 13, 2024 | 10% owner | 3.3M | – | – | Nov 13, 2024 | |
| ZMSS Business Holdings LP | Other | 3.3M | – | – | – | |
| ZMSS Business Management LLC | Other | 3.3M | – | – | – | |
| WildStar Partners LLC Last trade May 10, 2023 | 10% owner | 1.7M | – | – | May 10, 2023 | |
| RRA&Z Holdings LLC | 10% owner | 1.7M | – | – | – | |
| SER Business Holdings LP | Other | 1.7M | – | – | – | |
| Sands Family Foundation Last trade Jan 9, 2024 | Other | 53K | – | – | Jan 9, 2024 | |
| Newlands William A President & CEO Last trade Nov 14, 2024 | CEO | 20K | – | – | Nov 14, 2024 | |
| Sabia James A. Jr. EVP & Pres. Beer Last trade Nov 14, 2024 | Officer | 19K | – | – | Nov 14, 2024 | |
| Hankinson Garth EVP & CFO Last trade Aug 9, 2024 | CFO | 16K | – | – | Aug 9, 2024 | |
| Hanson Robert Lee EVP & Pres. Wine and Spirits Last trade Jul 20, 2023 | Officer | 12K | – | – | Jul 20, 2023 | |
| SANDS ROBERT Last trade Nov 20, 2024 | Director | 9,714 | – | – | Nov 20, 2024 | |
| Bourdeau James O. EVP and Senior Advisor Last trade May 12, 2026 | Officer | 9,109 | – | $631K | net selling over the year: 0 months buying, 1 month selling | May 12, 2026 |
| Monteiro Mallika EVP, MD, Beer Brands | Officer | 7,559 | – | – | – |
Open-market trade log
the 60 most recent of 482| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| May 12, 2026 | Bourdeau James O. (Officer) 4,407 shares $143.24 +0.0% since trade filed May 13, 2026 | Discretionary sale | 4,407 | $143.24 | $631K | +0.0% | May 13, 2026 |
| Apr 27, 2026 | Hernandez Ernesto M (Director) 2,000 shares $153.92 −6.9% since trade filed Apr 28, 2026 | Discretionary sale | 2,000 | $153.92 | $308K | −6.9% | Apr 28, 2026 |
| Feb 17, 2026 | Glaetzer Samuel J (Officer) 555 shares $153.78 −6.9% since trade filed Feb 17, 2026 | Discretionary sale | 555 | $153.78 | $85K | −6.9% | Feb 17, 2026 |
| Jul 21, 2025 | Bourdeau James O. (Officer) 821 shares $169.00 −15.2% since trade filed Jul 22, 2025 | Discretionary sale | 821 | $169.00 | $139K | −15.2% | Jul 22, 2025 |
| Jul 8, 2025 | Baldwin Christopher J (Director) 1,000 shares $169.62 −15.6% since trade filed Jul 9, 2025 | Open-market buy | 1,000 | $169.62 | $170K | −15.6% | Jul 9, 2025 |
| Jul 7, 2025 | Baldwin Christopher J (Director) 1,000 shares $171.27 −16.4% since trade filed Jul 9, 2025 | Open-market buy | 1,000 | $171.27 | $171K | −16.4% | Jul 9, 2025 |
| May 13, 2025 | Glaetzer Samuel J (Officer) 3,150 shares $188.54 −24.0% since trade filed May 14, 2025 | Discretionary sale | 3,150 | $188.54 | $594K | −24.0% | May 14, 2025 |
| Jan 17, 2025 | GILES WILLIAM T (Director) 1,000 shares $186.39 −23.2% since trade filed Jan 21, 2025 | Open-market buy | 1,000 | $186.39 | $186K | −23.2% | Jan 21, 2025 |
| Nov 20, 2024 | SANDS RICHARD (Director) 660 shares $241.00 −40.6% since trade filed Nov 22, 2024 | Discretionary sale | 660 | $241.00 | $159K | −40.6% | Nov 22, 2024 |
| Nov 20, 2024 | SANDS ROBERT (Director) 660 shares $241.00 −40.6% since trade filed Nov 22, 2024 | Discretionary sale | 660 | $241.00 | $159K | −40.6% | Nov 22, 2024 |
| Nov 14, 2024 | Newlands William A (CEO) 25K shares $243.58 −41.2% since trade filed Nov 15, 2024 | Discretionary sale | 25K | $243.58 | $6.1M | −41.2% | Nov 15, 2024 |
| Nov 14, 2024 | Sabia James A. Jr. (Officer) 36K shares $242.99 −41.1% since trade filed Nov 15, 2024 | Discretionary sale | 36K | $242.99 | $8.8M | −41.1% | Nov 15, 2024 |
| Nov 13, 2024 | SANDS RICHARD (Director) 60K shares $240.38 −40.4% since trade filed Nov 15, 2024 | Discretionary sale | 60K | $240.38 | $14M | −40.4% | Nov 15, 2024 |
| Nov 13, 2024 | SANDS ROBERT (Director) 60K shares $240.38 −40.4% since trade filed Nov 15, 2024 | Discretionary sale | 60K | $240.38 | $14M | −40.4% | Nov 15, 2024 |
| Nov 13, 2024 | STERN ZACHARY M (Other) 60K shares $240.38 −40.4% since trade filed Nov 15, 2024 | Discretionary sale | 60K | $240.38 | $14M | −40.4% | Nov 15, 2024 |
| Nov 13, 2024 | Carey Kaneenat Kristann (Officer) 330 shares $239.00 −40.1% since trade filed Nov 15, 2024 | Discretionary sale | 330 | $239.00 | $79K | −40.1% | Nov 15, 2024 |
| Oct 29, 2024 | Newlands William A (CEO) 7,426 shares $237.24 −39.6% since trade filed Oct 31, 2024 | Discretionary sale | 7,426 | $237.24 | $1.8M | −39.6% | Oct 31, 2024 |
| Oct 16, 2024 | SANDS ROBERT (Director) 8,023 shares $243.40 −41.2% since trade filed Oct 18, 2024 | Discretionary sale | 8,023 | $243.40 | $2.0M | −41.2% | Oct 18, 2024 |
| Oct 16, 2024 | SANDS ROBERT (Director) 48K shares $242.00 −40.8% since trade filed Oct 18, 2024 | Discretionary sale | 48K | $242.00 | $12M | −40.8% | Oct 18, 2024 |
| Oct 16, 2024 | SANDS ROBERT (Director) 63K shares $242.53 −40.9% since trade filed Oct 18, 2024 | Discretionary sale | 63K | $242.53 | $15M | −40.9% | Oct 18, 2024 |
| Oct 14, 2024 | Glaetzer Samuel J (Officer) 1,510 shares $245.57 −41.7% since trade filed Oct 15, 2024 | Discretionary sale | 1,510 | $245.57 | $371K | −41.7% | Oct 15, 2024 |
| Aug 9, 2024 | Hankinson Garth (CFO) 20K shares $240.16 −40.4% since trade filed Aug 12, 2024 | Discretionary sale | 20K | $240.16 | $4.8M | −40.4% | Aug 12, 2024 |
| Aug 8, 2024 | Hankinson Garth (CFO) 14K shares $240.00 −40.3% since trade filed Aug 12, 2024 | Discretionary sale | 14K | $240.00 | $3.3M | −40.3% | Aug 12, 2024 |
| Jul 26, 2024 | MCCARTHY DANIEL J (Director) 1,854 shares $252.43 −43.3% since trade filed Jul 30, 2024 | Discretionary sale | 1,854 | $252.43 | $468K | −43.3% | Jul 30, 2024 |
| Jul 12, 2024 | Carey Kaneenat Kristann (Officer) 977 shares $261.00 −45.1% since trade filed Jul 16, 2024 | Discretionary sale | 977 | $261.00 | $255K | −45.1% | Jul 16, 2024 |
| May 10, 2024 | Newlands William A (CEO) 6,189 shares $262.05 −45.3% since trade filed May 14, 2024 | Discretionary sale | 6,189 | $262.05 | $1.6M | −45.3% | May 14, 2024 |
| May 10, 2024 | Newlands William A (CEO) 19K shares $261.38 −45.2% since trade filed May 14, 2024 | Discretionary sale | 19K | $261.38 | $4.9M | −45.2% | May 14, 2024 |
| May 3, 2024 | McGrew Michael (Officer) 3,237 shares $255.50 −43.9% since trade filed May 7, 2024 | Discretionary sale | 3,237 | $255.50 | $827K | −43.9% | May 7, 2024 |
| Apr 19, 2024 | Newlands William A (CEO) 4,013 shares $263.25 −45.6% since trade filed Apr 23, 2024 | Discretionary sale | 4,013 | $263.25 | $1.1M | −45.6% | Apr 23, 2024 |
| Apr 12, 2024 | Sabia James A. Jr. (Officer) 16K shares $263.63 −45.7% since trade filed Apr 16, 2024 | Discretionary sale | 16K | $263.63 | $4.2M | −45.7% | Apr 16, 2024 |
| Jan 9, 2024 | Sands Family Foundation (Other) 1,427 shares $249.17 −42.5% since trade filed Jan 10, 2024 | Discretionary sale | 1,427 | $249.17 | $356K | −42.5% | Jan 10, 2024 |
| Jan 9, 2024 | Sands Family Foundation (Other) 1,601 shares $247.82 −42.2% since trade filed Jan 10, 2024 | Discretionary sale | 1,601 | $247.82 | $397K | −42.2% | Jan 10, 2024 |
| Jan 9, 2024 | Sands Family Foundation (Other) 2,448 shares $250.62 −42.9% since trade filed Jan 10, 2024 | Discretionary sale | 2,448 | $250.62 | $614K | −42.9% | Jan 10, 2024 |
| Jan 9, 2024 | Sands Family Foundation (Other) 49K shares $251.09 −43.0% since trade filed Jan 10, 2024 | Discretionary sale | 49K | $251.09 | $12M | −43.0% | Jan 10, 2024 |
| Jan 8, 2024 | Sands Family Foundation (Other) 13K shares $251.38 −43.0% since trade filed Jan 10, 2024 | Discretionary sale | 13K | $251.38 | $3.4M | −43.0% | Jan 10, 2024 |
| Jan 8, 2024 | Sands Family Foundation (Other) 15K shares $248.76 −42.4% since trade filed Jan 10, 2024 | Discretionary sale | 15K | $248.76 | $3.8M | −42.4% | Jan 10, 2024 |
| Jan 8, 2024 | Sands Family Foundation (Other) 155K shares $250.70 −42.9% since trade filed Jan 10, 2024 | Discretionary sale | 155K | $250.70 | $39M | −42.9% | Jan 10, 2024 |
| Jan 8, 2024 | Sands Family Foundation (Other) 171K shares $249.90 −42.7% since trade filed Jan 10, 2024 | Discretionary sale | 171K | $249.90 | $43M | −42.7% | Jan 10, 2024 |
| Nov 8, 2023 | Sands Family Foundation (Other) 4,559 shares $243.09 −41.1% since trade filed Nov 13, 2023 | Discretionary sale | 4,559 | $243.09 | $1.1M | −41.1% | Nov 13, 2023 |
| Nov 8, 2023 | Sands Family Foundation (Other) 38K shares $242.30 −40.9% since trade filed Nov 13, 2023 | Discretionary sale | 38K | $242.30 | $9.1M | −40.9% | Nov 13, 2023 |
| Nov 8, 2023 | Sands Family Foundation (Other) 60K shares $241.46 −40.7% since trade filed Nov 13, 2023 | Discretionary sale | 60K | $241.46 | $14M | −40.7% | Nov 13, 2023 |
| Nov 7, 2023 | Sands Family Foundation (Other) 6,247 shares $243.54 −41.2% since trade filed Nov 8, 2023 | Discretionary sale | 6,247 | $243.54 | $1.5M | −41.2% | Nov 8, 2023 |
| Nov 7, 2023 | Sands Family Foundation (Other) 15K shares $241.02 −40.6% since trade filed Nov 8, 2023 | Discretionary sale | 15K | $241.02 | $3.6M | −40.6% | Nov 8, 2023 |
| Nov 7, 2023 | Sands Family Foundation (Other) 37K shares $242.42 −40.9% since trade filed Nov 8, 2023 | Discretionary sale | 37K | $242.42 | $9.0M | −40.9% | Nov 8, 2023 |
| Nov 7, 2023 | Sands Family Foundation (Other) 112K shares $243.07 −41.1% since trade filed Nov 8, 2023 | Discretionary sale | 112K | $243.07 | $27M | −41.1% | Nov 8, 2023 |
| Nov 6, 2023 | Sands Family Foundation (Other) 4,375 shares $243.38 −41.2% since trade filed Nov 8, 2023 | Discretionary sale | 4,375 | $243.38 | $1.1M | −41.2% | Nov 8, 2023 |
| Nov 6, 2023 | Sands Family Foundation (Other) 65K shares $242.61 −41.0% since trade filed Nov 8, 2023 | Discretionary sale | 65K | $242.61 | $16M | −41.0% | Nov 8, 2023 |
| Nov 6, 2023 | Sands Family Foundation (Other) 67K shares $241.87 −40.8% since trade filed Nov 8, 2023 | Discretionary sale | 67K | $241.87 | $16M | −40.8% | Nov 8, 2023 |
| Aug 4, 2023 | Hernandez Ernesto M (Director) 5,086 shares $269.00 −46.8% since trade filed Aug 7, 2023 | Discretionary sale | 5,086 | $269.00 | $1.4M | −46.8% | Aug 7, 2023 |
| Aug 3, 2023 | Bourdeau James O. (Officer) 31K shares $269.00 −46.8% since trade filed Aug 7, 2023 | Discretionary sale | 31K | $269.00 | $8.3M | −46.8% | Aug 7, 2023 |
| Jul 24, 2023 | MCCARTHY DANIEL J (Director) 1,736 shares $269.86 −46.9% since trade filed Jul 25, 2023 | Discretionary sale | 1,736 | $269.86 | $468K | −46.9% | Jul 25, 2023 |
| Jul 20, 2023 | Newlands William A (CEO) 2,945 shares $266.67 −46.3% since trade filed Jul 24, 2023 | Discretionary sale | 2,945 | $266.67 | $785K | −46.3% | Jul 24, 2023 |
| Jul 20, 2023 | Newlands William A (CEO) 8,657 shares $268.30 −46.6% since trade filed Jul 24, 2023 | Discretionary sale | 8,657 | $268.30 | $2.3M | −46.6% | Jul 24, 2023 |
| Jul 20, 2023 | Newlands William A (CEO) 38K shares $267.91 −46.5% since trade filed Jul 24, 2023 | Discretionary sale | 38K | $267.91 | $10M | −46.5% | Jul 24, 2023 |
| Jul 20, 2023 | Hanson Robert Lee (Officer) 12K shares $268.10 −46.6% since trade filed Jul 24, 2023 | Discretionary sale | 12K | $268.10 | $3.3M | −46.6% | Jul 24, 2023 |
| Jul 20, 2023 | Hankinson Garth (CFO) 1,550 shares $267.96 −46.5% since trade filed Jul 24, 2023 | Discretionary sale | 1,550 | $267.96 | $415K | −46.5% | Jul 24, 2023 |
| Jul 20, 2023 | Carey Kaneenat Kristann (Officer) 5,682 shares $269.00 −46.8% since trade filed Jul 24, 2023 | Discretionary sale | 5,682 | $269.00 | $1.5M | −46.8% | Jul 24, 2023 |
| May 10, 2023 | SANDS RICHARD (Director) 3.9M shares $223.53 −35.9% since trade filed May 12, 2023 | Discretionary sale | 3.9M | $223.53 | $862M | −35.9% | May 12, 2023 |
| May 10, 2023 | SANDS ROBERT (Director) 3.9M shares $223.53 −35.9% since trade filed May 12, 2023 | Discretionary sale | 3.9M | $223.53 | $862M | −35.9% | May 12, 2023 |
| May 10, 2023 | RSS Business Management LLC (Other) 156 shares $223.53 −35.9% since trade filed May 12, 2023 | Discretionary sale | 156 | $223.53 | $35K | −35.9% | May 12, 2023 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.