Constellation Brands Reports Officer Changes & Compensation

TL;DR

**Constellation Brands just dropped an 8-K about executive changes and pay, so keep an eye on leadership shifts!**

AI Summary

Constellation Brands, Inc. filed an 8-K on February 20, 2024, reporting an event that occurred on February 17, 2024. The filing addresses the departure or election of directors or certain officers and their compensatory arrangements, as well as Regulation FD Disclosure and Financial Statements and Exhibits. The company, incorporated in Delaware with IRS Employer Identification No. 16-0716709, is headquartered at 207 High Point Drive, Building 100, Victor, NY.

Why It Matters

This filing signals potential shifts in leadership and executive compensation at Constellation Brands, which could influence future strategic decisions and financial performance.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of corporate governance changes, not indicating immediate financial distress or major operational risks.

Key Players & Entities

• CONSTELLATION BRANDS, INC. (company) — Registrant
• Delaware (company) — State of incorporation
• February 17, 2024 (date) — Date of earliest event reported
• February 20, 2024 (date) — Filing date
• 16-0716709 (dollar_amount) — IRS Employer Identification No.

FAQ

Filing Documents

• stz-20240217.htm (8-K) — 40KB
• stzex991_22020248k.htm (EX-99.1) — 18KB
• pressreleaseheader.jpg (GRAPHIC) — 181KB
• pressreleasep2.jpg (GRAPHIC) — 298KB
• 0000016918-24-000013.txt ( ) — 880KB
• stz-20240217.xsd (EX-101.SCH) — 2KB
• stz-20240217_def.xml (EX-101.DEF) — 15KB
• stz-20240217_lab.xml (EX-101.LAB) — 28KB
• stz-20240217_pre.xml (EX-101.PRE) — 15KB
• stz-20240217_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On February 20, 2024, Constellation issued a news release (the "release") announcing (i) the election of Mr. Baldwin to serve as a member of the Board and his appointment as Chair of the Board, each effective March 1, 2024, and (ii) that the Board, upon the recommendation of the Committee, accepted Ms. Johnson's resignation, effective February 17, 2024. A copy of the release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. References to Constellation's website and/or other social media sites or platforms in the release do not incorporate by reference the information on such websites, social media sites, or platforms into this Current Report on Form 8-K, and Constellation disclaims any such incorporation by reference. The information in the release attached as Exhibit 99.1 is incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. This information is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, and is not otherwise subject to the liabilities of that section. Such information may be incorporated by reference in another filing under the Securities Exchange Act of 1934 or the Securities Act of 1933 only if and to the extent such subsequent filing specifically references the information incorporated by reference herein.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 New s Release of Const el lation Bra nds, Inc. dated February 20 , 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 20, 2024 CONSTELLATION BRANDS, INC. By: /s/ Garth Hankinson Garth Hankinson Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR