Conagra (CAG) EVP Carey Bartell Receives RSU Shares
$CAG · CONAGRA BRANDS INC.Research Summary
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Conagra (CAG) EVP Carey Bartell Receives RSU Shares
What Happened
Carey Bartell, Executive VP, General Counsel and Corporate Secretary of Conagra Brands (CAG), had restricted stock units (RSUs) convert into 13,644 shares during mid‑July 2026. Of those, 6,045 shares were withheld to cover tax withholding (4,433 shares on 7/17 and 1,612 shares on 7/19) at an indicated per‑share value of $14.28, totaling $86,322 withheld. Net shares delivered to Bartell were 7,599 shares (approximate net value ~$108,514 using the $14.28 figure). These were compensation vesting events (not open‑market purchases or sales).
Key Details
- Transaction dates: RSU conversions recorded 2026-07-17 (10,006 shares) and 2026-07-19 (3,638 shares). Tax withholding dispositions on the same dates: 4,433 shares (7/17) and 1,612 shares (7/19).
- Price used for withholding: $14.28 per share; tax withholding total = $63,303 + $23,019 = $86,322.
- Net shares received: 13,644 vested − 6,045 withheld = 7,599 shares delivered to insider.
- Footnotes: F1/F3 explain the original RSU grant dates and multi‑year vesting schedules; F2 confirms shares were withheld for taxes. Each RSU equals one share on vesting.
- Filing: Form 4 filed 2026-07-21 reporting transactions on 7/17 and 7/19. The filing shows the events but does not specify post‑transaction total shares beneficially owned.
Context
These entries are conversions of RSUs (derivative awards) into common stock and a routine tax‑withholding share surrender (transaction codes M = conversion/exercise of derivative; F = shares withheld for taxes). This is standard compensation vesting and not an open‑market sale or purchase—so it should be read as routine executive compensation rather than a directional trade signal.