Sec Form 4 Filing - Richard Sands Master Trust @ CONSTELLATION BRANDS, INC. - 2025-05-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED 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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Richard Sands Master Trust
2. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Member of 10% owner group
(Last) (First) (Middle)
C/O WILDSTAR PARTNERS LLC, 241 NE 4TH STREET, STE. C
3. Date of Earliest Transaction (MM/DD/YY)
05/31/2025
(Street)
DELRAY BEACH, FL33444
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Class A Common Stock 05/31/2025 J( 1 ) 20,428,521 D 0 I By RRA&Z Holdings LLC ( 2 )
Class A Common Stock 188,015 I By RES Master LLC ( 3 ) ( 4 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Richard Sands Master Trust
C/O WILDSTAR PARTNERS LLC
241 NE 4TH STREET, STE. C
DELRAY BEACH, FL33444
Member of 10% owner group
RES Master LLC
C/O WILDSTAR PARTNERS LLC
241 NE 4TH STREET, STE. C
DELRAY BEACH, FL33444
Member of 10% owner group
Signatures
/s/ Richard Sands, Trustee of Richard Sands Master Trust 06/03/2025
Signature of Reporting Person Date
/s/ Richard Sands, Trustee of Richard Sands Master Trust, Sole Member of RES Master LLC 06/03/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )RES Master LLC ("RES Master") contributed its membership interests in RRA&Z Holdings LLC ("RRA&Z") to WSP Holdings Master LLC ("WSP Holdings"), a wholly owned subsidiary of WSP Holdings Trust ("WSP Trust").
( 2 )Various Sands family limited partnerships directly own the reported shares of Class A Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z is the sole member of WildStar. RES Master was a member of RRA&Z.
( 3 )This report is filed jointly by Richard Sands Master Trust and RES Master. The reported securities are owned directly by RES Master. RES Master is a limited liability company that is wholly-owned by the Richard Sands Master Trust. Richard Sands is the sole trustee and sole beneficiary of the Richard Sands Master Trust.
( 4 )789 shares of Class A Common Stock were previously reported as held directly by Richard Sands. Mr. Sands has transferred the securities to RES Master, which is the direct owner of these securities.

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).

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