EVP & Pres. Beer Sabia James A. Jr. sold 36,086 shares of STZ at $242.99 on 2024-11-14; holds 16,042 post-sale amid net loss quarter.
Sabia James A. Jr., EVP and President of Beer for Constellation Brands, sold 36,086 shares (36.1K shares) at $242.99 on 2024-11-14 for $8,768,540.75 ($8.8M), reducing his stake by 69.2% from 52,128 shares to 16,042 shares post-transaction. The sale is noteworthy given timing within a broader context: the company reported a net loss of $-1,199,000,000.00 ($-1.2B) in its latest quarter, while STZ has declined -12.7% from its 52-week high of $272.04 and -2.5% over the past 30 days. His cross-ticker track record shows a 100.00% well-timed rate on prior sells (meaning prior sales preceded stock declines), and his single prior STZ trade on 2024-04-12 posted a -1.6% 90-day return, consistent with ahead-of-decline execution. However, this transaction contains a derivative-conversion flag: the Form 4 Table II (derivative securities) is not yet populated in the database, meaning the 16,042 shares shown post-transaction may not represent his total economic position and should not be read as a position exit. Investors should await Table II data to assess the insider's full derivative holdings.