4Filed Jul 23, 8:00 PM ET
Conagra (CAG) EVP Carey Receives Award; 3,116 Shares Withheld
$CAG · CONAGRA BRANDS INC.Research Summary
AI-generated summary of this SEC filing
Conagra (CAG) EVP Carey Receives Award; 3,116 Shares Withheld
What Happened
- Bartell Carey, Executive Vice President, General Counsel and Corporate Secretary of Conagra Brands (CAG), received equity awards on 2026-07-22. The filing shows 7,032 shares issued (no cash paid) and a grant of 56,425 restricted stock units (RSUs). To cover tax withholding, 3,116 shares were surrendered/withheld at $14.83 per share, totaling $46,210.
Key Details
- Transaction date: 2026-07-22.
- Awards: 7,032 shares issued (earned under Conagra’s FY2024–2026 long-term incentive plan; includes dividend equivalents paid in shares) and 56,425 RSUs granted (derivative).
- Tax withholding: 3,116 shares withheld at $14.83 each for $46,210 (code F — shares withheld to satisfy tax liability).
- RSU terms: Each RSU converts to one share on settlement; vesting is 33.33% on 7/22/2027, 33.33% on 7/22/2028, and 33.34% on 7/22/2029 (per footnotes).
- Shares owned after the transaction: Not specified in the filing.
- Filing timeliness: No late-reporting flag noted in the reported document.
Context
- This is a compensation-related equity award (not an open-market purchase or sale). The taxable portion was satisfied by withholding shares (a routine administrative action). The RSUs are derivative awards that vest over three years and will convert to common shares only upon settlement.