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This document outlines beneficial ownership changes in Constellation Brands, Inc. for Mike Kane, detailing stock transactions made in May 2020.
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Form 4 is a type of document required by the U.S. Securities and Exchange Commission (SEC) that must be filed by insiders of a publicly traded company to report their trades.
Officers, directors, and any individual owning more than 10% of a registered class of a company's equity securities are required to file Form 4.
Form 4 must be filled out by providing details about the transaction, including the date, number of shares, price per share, and the nature of the transaction. It can be filed electronically via the SEC's EDGAR system.
The purpose of Form 4 is to inform the public about the trading activities of company insiders, promoting transparency and preventing insider trading.
Form 4 must report the date of the transaction, the amount of securities involved, the price, the ownership status before and after the transaction, and any applicable exemptions.
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