STOCK TITAN

Molson Coors (TAP) executive awarded 33,845 stock options at $47.33 strike

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Molson Coors Beverage Co executive Philip M. Whitehead received a grant of 33,845 employee stock options on Class B Common Stock. The options have an exercise price of $47.33 per share and were granted as compensation, not as an open-market purchase or sale.

The stock options vest in full and become exercisable on March 4, 2029, and expire on March 4, 2036 if not exercised. This Form 4/A is an amendment that corrects a calculation error in a prior filing and restates the correct number of options granted.

Positive

  • None.

Negative

  • None.
Insider Whitehead Philip M
Role Pres CEO EMEA APAC
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 33,845 $0.00 --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 33,845 shares (Direct)
Footnotes (1)
  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.
Options granted 33,845 options Employee Stock Option (Right to Buy) grant on March 4, 2026
Exercise price $47.33 per share Conversion or exercise price for the employee stock options
Underlying shares 33,845 shares Class B Common Stock underlying the granted options
Post-grant derivative holdings 33,845 options Total derivative securities following the transaction
Vesting date March 4, 2029 Date when options vest in full and become exercisable
Expiration date March 4, 2036 Expiration date of the employee stock options
Employee Stock Option (Right to Buy) financial
"number of Employee Stock Options (Right to Buy) granted to the reporting person"
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.
vest in full financial
"The stock options vest in full and become exercisable on March 4, 2029."
exercise price financial
"conversion or exercise price: 47.3300"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
derivative securities financial
"derivativeTransactionCount: 1"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Whitehead Philip M

(Last)(First)(Middle)
P.O. BOX 4030
BC555

(Street)
GOLDEN COLORADO 80401

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MOLSON COORS BEVERAGE CO [ TAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres CEO EMEA APAC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/06/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$47.3303/04/2026A33,845(1) (2)03/04/2036Class B Common Stock33,845(1)$033,845(1)D
Explanation of Responses:
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.
2. The stock options vest in full and become exercisable on March 4, 2029.
Remarks:
/s/ David P. Knaff, attorney-in-fact03/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Molson Coors (TAP) report for Philip M. Whitehead?

Molson Coors reported that executive Philip M. Whitehead received a grant of 33,845 employee stock options. These options relate to Class B Common Stock and represent compensation, not an open-market trade, so they primarily update his potential future ownership rather than current share count.

What is the exercise price and vesting schedule of the new TAP stock options?

The granted employee stock options have an exercise price of $47.33 per share. They vest in full and become exercisable on March 4, 2029, giving the executive the right to buy 33,845 Class B shares at that price after vesting, until expiration.

Why did Molson Coors file an amended Form 4/A for this TAP transaction?

The amended Form 4/A was filed to correct a calculation error in the original Form 4. The earlier filing misreported the number of employee stock options granted, and this amendment now correctly states that 33,845 options were granted to the reporting person on March 4, 2026.

When do Philip M. Whitehead’s TAP stock options expire?

The employee stock options granted to Philip M. Whitehead expire on March 4, 2036. If the options are not exercised by that date, they lapse. This gives him several years after the March 4, 2029 vesting date to decide whether to exercise them.

Does this TAP Form 4/A show a buy or sell of Molson Coors shares?

The filing does not show a buy or sell in the market; it reports a grant of derivative securities. Philip M. Whitehead acquired 33,845 employee stock options as a compensation award, which may later be exercised to purchase Class B Common Stock at $47.33 per share.