Brennan Thomas P JR 4
4 · CASEYS GENERAL STORES INC · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Casey's (CASY) CMO Brennan Thomas Jr Vests RSUs, Sells 4,435 Shares
What Happened
- Brennan Thomas P. Jr., Chief Merchandising Officer of Casey's General Stores, had a mix of restricted stock unit vesting and derivative conversions on June 15, 2026. He was credited with 9,246 shares from an award and 1,026 shares from exercise/conversion events (411, 297, 318), for a gross of 10,272 shares acquired. To satisfy tax withholding/obligations, 4,435 shares were surrendered/disposed at an implied price of $872.39 per share, valuing the withheld shares at approximately $3,869,050. Additional disposals of 1,026 shares (the converted derivative lots) are listed as derivative dispositions. Net shares retained from these events equal roughly 4,811 shares (10,272 acquired minus 5,461 disposed).
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely).
- Primary codes: A = Award/Grant (9,246 RSUs), M = Exercise/Conversion of derivatives (1,026 shares), F = Payment of tax liability (4,435 shares surrendered).
- Price used for valuation: $872.39 (closing price on June 15, 2026); 4,435 × $872.39 = $3,869,050 (footnote F2).
- Each RSU represents the right to one share upon vesting (footnote F4); some awards are performance-based and subject to additional performance criteria (see footnotes F1, F5–F8).
- Shares owned after the transactions are not specified in the provided excerpt; net retained from these entries is ~4,811 shares (calculated).
- Remark: Exhibit 24 — Power of Attorney included.
Context
- This appears to be a routine vesting and settlement/withholding event (not an open-market directional buy or sell). The F-code disposal is a tax withholding/cashless settlement rather than a market sale intended as liquidity. Performance-based RSUs noted in the footnotes may have additional tranches that vest in future years or are contingent on performance metrics.
Insider Transaction Report
Form 4
Brennan Thomas P JR
Chief Merch. Officer
Transactions
- Exercise/Conversion
Common Stock
2026-06-15+411→ 8,745 total - Exercise/Conversion
Common Stock
2026-06-15+297→ 9,042 total - Exercise/Conversion
Common Stock
2026-06-15+318→ 9,360 total - Award
Common Stock
[F1]2026-06-15+9,246→ 18,606 total - Tax Payment
Common Stock
[F2]2026-06-15$872.39/sh−4,435$3,869,050→ 14,171 total - Exercise/Conversion
Restricted stock units
[F4][F5]2026-06-15−411→ 0 total→ Common Stock (411 underlying) - Exercise/Conversion
Restricted stock units
[F4][F6]2026-06-15−297→ 296 total→ Common Stock (297 underlying) - Exercise/Conversion
Restricted stock units
[F4][F7]2026-06-15−318→ 638 total→ Common Stock (318 underlying)
Holdings
- 402(indirect: By 401(k))
Common Stock
[F3] - 737
Restricted stock units
[F4][F8]→ Common Stock (737 underlying)
Footnotes (8)
- [F1]Represents the number of shares of Common Stock earned upon the vesting of performance-based restricted stock units under Casey's 2024 fiscal year long-term incentive compensation program.
- [F2]Closing price of Casey's General Stores, Inc. Common Stock on June 15, 2026.
- [F3]Allocated to 401k plan account as of April 30, 2026. Does not include any shares allocated by the plan trustee after that date.
- [F4]Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- [F5]Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award vested on June 15, 2026. Not included in the reported award amount is a target amount of performance-based restricted stock units that vested 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 is reflected above.
- [F6]Pursuant to the terms and conditions of the 2018 Stock Incentive Plan. The remainder of this award will vest on 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.
- [F7]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, 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.
- [F8]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.
Signature
Erika Bertrand, under Power of Attorney dated December 12, 2025|2026-06-15