The Canadian-US brewer Molson Coors Brewing Co. has announced that its president and CEO, W. Leo Kiely III, along with two other executives, are planning to sell common shares of the company's stock.

However, the Montreal-based company did not say how many shares the executives were planning to sell.

The company made the announcement via a regulatory filing with the Securities and Exchange Commission.

The other executives concerned are Timothy V. Wolf, global chief financial officer, and Samuel D. Walker, global chief legal officer.