Spanos Mike 4
4 · CASEYS GENERAL STORES INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Casey's (CASY) Director Mike Spanos Buys 300 Shares
What Happened
Mike Spanos, a director of Casey's General Stores, reported an open-market purchase of 300 shares of CASY common stock on March 13, 2026. The shares were bought at $665.43 per share, for a total purchase value of $199,629. This was a straight purchase (transaction code P), which is a buy rather than a sale and therefore can be viewed as an acquisition of company stock by an insider.
Key Details
- Transaction date: 2026-03-13; Price: $665.43 per share; Total value: $199,629.
- Transaction type: Open-market purchase (Code P).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: 2026-03-16 (three days after the trade). Form 4s are generally due within two business days, so note the timing relative to SEC rules.
- Footnotes included in the filing:
- F1: Includes 7 shares acquired through Dividend Reinvestment Plan.
- F2: Each restricted stock unit (RSU) represents the right to receive one share of common stock upon vesting.
- F3: Notes this was non-employee director equity compensation under the 2025 Stock Incentive Plan; the award will vest in full on the date of Casey’s 2026 annual shareholder meeting.
Context
Insider purchases are often of interest to retail investors because they represent company insiders adding to holdings; they do not prove future performance but are factual signals of insider buying. The filing also references director equity compensation and RSU mechanics (F2/F3), which are separate from the reported open-market purchase.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-13$665.43/sh+300$199,629→ 4,499 total
- 326
Restricted stock units
[F2][F3]→ Common Stock (326 underlying)
Footnotes (3)
- [F1]Includes 7 shares acquired through Dividend Reinvestment Plan.
- [F2]Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
- [F3]Non-employee director equity compensation pursuant to terms and conditions of 2025 Stock Incentive Plan. This award will vest in full on the date of Casey's 2026 annual shareholder's meeting.