FRAZELL CHAD MICHAEL 4
Research Summary
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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.