Molson Coors (NYSE: TAP) director awarded 2,257 options at $47.33 strike
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Molson Coors Beverage Co director Peter Joseph Coors received a grant of 2,257 employee stock options for Class B Common Stock. These options have an exercise price of $47.33 per share and were awarded as compensation, not bought in the open market.
The options vest in full and become exercisable on March 4, 2029, and expire on March 4, 2036. This Form 4/A amends a prior filing to correct a calculation error and now correctly reports the number of options granted, with 2,257 derivative securities shown as held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coors Peter Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 2,257 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 2,257 shares (Direct)
Footnotes (1)
- The original Form 4, filed on March 6, 2026, is being amended by this Form 4 to correct a calculation error that misreported the number of Employee Stock Options (Right to Buy) granted to the reporting person on March 4, 2026. This amendment correctly reports the number of Employee Stock Options (Right to Buy) granted to the reporting person on March 4, 2026. The stock options vest in full and become exercisable on March 4, 2029.
Key Figures
Options granted: 2,257 options
Exercise price: $47.33 per share
Underlying shares: 2,257 shares
+3 more
6 metrics
Options granted
2,257 options
Employee Stock Option (Right to Buy) grant on March 4, 2026
Exercise price
$47.33 per share
Strike price for Class B Common Stock underlying options
Underlying shares
2,257 shares
Class B Common Stock underlying the option award
Vesting date
March 4, 2029
Date options vest in full and become exercisable
Expiration date
March 4, 2036
Expiration of Employee Stock Options (Right to Buy)
Post-transaction derivative holdings
2,257 options
Total derivative securities held directly after this grant
Key Terms
Employee Stock Option (Right to Buy), Class B Common Stock, vest in full and become exercisable, Form 4
4 terms
Employee Stock Option (Right to Buy) financial
"number of Employee Stock Options (Right to Buy) granted to the reporting person"
Class B Common Stock financial
"underlying security title: Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
vest in full and become exercisable financial
"The stock options vest in full and become exercisable on March 4, 2029."
Form 4 regulatory
"The original Form 4, filed on March 6, 2026, is being amended"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Molson Coors (TAP) director Peter Coors report in this Form 4/A?
Peter Joseph Coors reported receiving a grant of 2,257 employee stock options for Molson Coors Class B Common Stock. The amended filing corrects an earlier miscalculation and now shows his full post‑grant holdings of 2,257 derivative securities directly owned.
How many Molson Coors (TAP) options were granted to Peter Coors and at what price?
He was granted 2,257 employee stock options with an exercise price of $47.33 per share. These options allow him to buy Molson Coors Class B Common Stock at that price once they vest, regardless of the market price at that future time.
When do Peter Coors’ Molson Coors (TAP) stock options vest and expire?
The stock options vest in full and become exercisable on March 4, 2029. They carry an expiration date of March 4, 2036, giving a seven‑year exercise window after vesting, assuming standard continued service and other plan conditions are satisfied.
Why was this Molson Coors (TAP) insider filing submitted as a Form 4/A amendment?
It amends a Form 4 originally filed March 6, 2026, to correct a calculation error in the reported option grant. The amendment states it now correctly reports the number of employee stock options granted to Peter Coors on March 4, 2026.
Is Peter Coors’ Molson Coors (TAP) option grant an open-market purchase or a compensation award?
It is a compensation award, not an open‑market purchase. The transaction is coded “A” for grant or award, with 2,257 employee stock options at a $47.33 exercise price, reflecting routine equity-based compensation to a company director.