{"schema_version":"secwatch.filing_event.v1","accession":"0000016918-25-000136","form_type":"8-K","ticker":"STZ","cik":"0000016918","company_name":"CONSTELLATION BRANDS, INC.","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.158590+00:00","generated_at":"2026-05-17T04:56:32.693579+00:00","sec_items":["5.02","5.03","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Constellation Brands announces CLO retirement and succession; declares quarterly dividend","bullets":["Jim Bourdeau retiring as CLO effective Feb 28, 2026; Jeff LaBarge named EVP and CLO effective March 1, 2026.","Bourdeau will become EVP Strategic Advisor through March 1, 2027 under new employment agreement with $560k salary and 80% bonus target.","Board declared quarterly dividend of $1.02 per Class A share and $0.92 per Class 1 Convertible share, payable Nov 13, 2025.","Bylaws amended to align with recent Delaware law changes and reserve white proxy card for Board use."],"urls":{"canonical":"https://secwatch.observer/filing/0000016918-25-000136","json":"https://secwatch.observer/filing/0000016918-25-000136.json","markdown":"https://secwatch.observer/filing/0000016918-25-000136.md","text":"https://secwatch.observer/filing/0000016918-25-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000136/0000016918-25-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000136/stz-20250929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:56:32.693579+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c793f4b8129710a20b0cb74c0b6de69f4fbb5e4","claim":"CONSTELLATION BRANDS, INC.: Amended and restated By-Laws to align with Delaware law, update stockholder meeting chair requirements, reserve proxy for Board, and make other technical changes (effective 2025-09-30).","evidence_excerpt":"On September 30, 2025, the Board amended and restated the Company’s By-Laws (the “By-Laws”), with immediate effect.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000136/0000016918-25-000136-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-09-30"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}