FRAZELL CHAD MICHAEL 4
4 · CASEYS GENERAL STORES INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Casey's (CASY) Chad Frazell, Chief HR Officer Receives Award
What Happened Chad Michael Frazell, Chief Human Resources Officer at Casey's General Stores (CASY), received a grant of 507 restricted stock units (RSUs) on June 3, 2026. The award is reported as a derivative grant with a reported acquisition price of $0.00 (i.e., no cash paid at grant). Each RSU represents the right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-06-03; Filing date: 2026-06-05 (filed within the typical 2-business-day window).
- Grant: 507 RSUs; reported price: $0.00; reported transaction type: Award/Grant (code A).
- Shares owned after the transaction: not specified in the provided filing summary.
- Footnotes:
- F2: Confirms each RSU converts to one share upon vesting.
- F1 and F3–F6: Filing notes allocations and vesting provisions under the company's 2018 and 2025 Stock Incentive Plans; vesting generally occurs in equal installments on June 15 of future years and some awards include additional performance-based RSUs that vest only if performance criteria are met. The filing does not include the amounts for performance-based tranches.
- No indication in the provided data of a 10b5-1 plan, tax-withholding sale, or that shares were immediately sold.
Context RSU grants are compensation awards that convert to actual shares only after they vest according to plan schedules; they are not open-market purchases and therefore do not directly signal an immediate bullish or bearish trade by the insider. Some portion of executive awards can be performance-based and contingent on meeting specific goals; the filing notes such performance-based components exist but does not include them in the reported 507-unit amount.
Insider Transaction Report
- Award
Restricted stock units
[F2][F3]2026-06-03+507→ 507 total→ Common Stock (507 underlying)
- 7,813
Common Stock
- 401(indirect: By 401(k))
Common Stock
[F1] - 894
Restricted stock units
[F2][F4]→ Common Stock (894 underlying) - 490
Restricted stock units
[F2][F5]→ Common Stock (490 underlying) - 344
Restricted stock units
[F2][F6]→ Common Stock (344 underlying)
Footnotes (6)
- [F1]Allocated to 401k plan account as of April 30, 2026. Does not include any shares allocated by the plan trustee after that date.
- [F2]Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- [F3]Pursuant to terms and conditions of the 2025 Stock Incentive Plan. This award will vest in equal installments on June 15, 2027, June 15, 2028, and June 15, 2029. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2029, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.
- [F4]Pursuant to the terms and conditions of the 2018 Stock Incentive Plan, this award will vest in equal installments on June 15, 2026, June 15, 2027, and June 15, 2028. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2028, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.
- [F5]Pursuant to the terms and conditions of the 2018 Stock Incentive Plan. The remainder of this award will vest in equal installments on June 15, 2026, and June 15, 2027. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2027, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.
- [F6]Pursuant to terms and conditions of 2018 Stock Incentive Plan. The remainder of this award will vest on June 15, 2026. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2026, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.