Bramlage Stephen P JR 4
4 · CASEYS GENERAL STORES INC · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Casey's (CASY) CFO Stephen Bramlage Receives Award; $6.35M Withholding
What Happened
- Stephen P. Bramlage Jr., Chief Financial Officer of Casey's General Stores, Inc. (CASY), received 15,206 shares on June 15, 2026 upon vesting of restricted stock units. Several derivative conversions also occurred (small lots of 676, 487 and 492 shares).
- To satisfy tax withholding obligations, 7,278 shares were surrendered/withheld on June 15, 2026 at the closing price of $872.39, producing proceeds of $6,349,254. The RSU conversions show $0 exercise price — these were vesting/conversion events rather than a cash option purchase.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely).
- Awarded/converted shares: 15,206 shares from vested RSUs (plus conversions of 676, 487, 492 shares shown).
- Shares withheld/surrendered for taxes: 7,278 shares at $872.39 (proceeds $6,349,254).
- Relevant footnotes: F1/F4 — these were performance-based restricted stock units (each RSU = 1 share); F5–F8 describe vesting terms and remaining performance-based amounts or future vesting schedules. F3 notes certain shares allocated to a 401(k) account as of April 30, 2026.
- Filing timeliness: filed within two business days of the transaction date (no late filing indicated).
Context
- This was a vesting/award event with shares withheld to cover tax obligations — not an open‑market sale. Withholding/surrender of shares to meet taxes is routine and does not necessarily indicate insider sentiment about the stock.
- For retail investors: award/vesting events increase insider-held shares but the taxable-withholding surrender reduces the net shares received; purchases (buys) are generally more informative as bullish signals than routine vesting or withholding.
Insider Transaction Report
Form 4
Bramlage Stephen P JR
Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-06-15+15,206→ 41,000 total - Exercise/Conversion
Common Stock
2026-06-15+676→ 41,676 total - Exercise/Conversion
Common Stock
2026-06-15+487→ 42,163 total - Exercise/Conversion
Common Stock
2026-06-15+492→ 42,655 total - Tax Payment
Common Stock
[F2]2026-06-15$872.39/sh−7,278$6,349,254→ 35,377 total - Exercise/Conversion
Restricted stock units
[F4][F5]2026-06-15−676→ 0 total→ Common Stock (676 underlying) - Exercise/Conversion
Restricted stock units
[F4][F6]2026-06-15−487→ 487 total→ Common Stock (487 underlying) - Exercise/Conversion
Restricted stock units
[F4][F7]2026-06-15−492→ 984 total→ Common Stock (492 underlying)
Holdings
- 406(indirect: By 401(k))
Common Stock
[F3] - 835
Restricted stock units
[F4][F8]→ Common Stock (835 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 11, 2025|2026-06-15