SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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 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*
Richard Sands Master Trust
(Last) (First) (Middle)
C/O WILDSTAR PARTNERS LLC
241 NE 4TH STREET, STE. C
(Street)
DELRAY BEACH FL 33444
(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 05/31/2025 J(1) 20,428,521 D (1) 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 (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Richard Sands Master Trust
(Last) (First) (Middle)
C/O WILDSTAR PARTNERS LLC
241 NE 4TH STREET, STE. C
(Street)
DELRAY BEACH FL 33444
(City) (State) (Zip)
1. Name and Address of Reporting Person*
RES Master LLC
(Last) (First) (Middle)
C/O WILDSTAR PARTNERS LLC
241 NE 4TH STREET, STE. C
(Street)
DELRAY BEACH FL 33444
(City) (State) (Zip)
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.
/s/ Richard Sands, Trustee of Richard Sands Master Trust 06/03/2025
/s/ Richard Sands, Trustee of Richard Sands Master Trust, Sole Member of RES Master LLC 06/03/2025
** Signature of Reporting Person Date

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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