secwatch.observer — SEC 8-K summary
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Issuer:     MOLSON COORS BEVERAGE CO (TAP)
CIK:        0000024545
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001104659-25-114643
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CCO Michelle St. Jacques departs Molson Coors; severance includes $750K pay, $675K bonus
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- Michelle St. Jacques (Chief Commercial Officer) departed effective Nov 14, 2025.
- Severance pay of $750,282 over 52 weeks, plus $675,254 target MCIP cash bonus at termination.
- Prorated 2025 MCIP award based on actual company performance; individual component at target (100%).
- Unvested 2023 RSUs/PSUs cancelled; cash payment of equivalent value; 2024/2025 equity prorates and vests.
- Agreement includes customary non-disparagement, confidentiality, and release of claims against company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24545/000110465925114643/0001104659-25-114643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24545/000110465925114643/tm2531206d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-114643

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