LENNY RICHARD H 4

What Happened
Lenny Richard H, a director of Conagra Brands, was granted 32,888 restricted stock units (RSUs) on June 1, 2026 (transaction code A). The Form 4 lists an acquisition price as N/A; each RSU is a contingent right to receive one share of CAG common stock on June 1, 2027 (or earlier upon certain events). The filing also notes 551.76 shares were acquired through a dividend‑equivalent reinvestment feature under the Issuer’s Directors’ Deferred Compensation Plan since the last report. This was an award/compensation grant, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 32,888 RSUs.
• Price/total value: N/A in filing (RSUs often recorded without per‑share price).
• Vesting/settlement: Each RSU converts to one share on 2027-06-01 or earlier upon specified events (per footnote).
• Dividend equivalents: 551.76 shares reported as acquired via dividend equivalent reinvestment since last report.
• Shares owned after transaction: not specified in the provided filing.
• Timeliness: Filing appears timely (reported two days after the grant); no late‑filing flag indicated.

Context
RSU grants are a form of equity compensation that give the holder a future right to shares if vesting conditions are met; they are routine for directors and executives and do not by themselves indicate buying or selling sentiment. The award may convert to actual shares at vesting or upon certain corporate events, at which point it could affect shareholding and potential sales if the insider chooses to dispose of shares.