Conagra (CAG) EVP Carey Receives RSUs; Tax Withholding

What Happened

• Carey Bartell, Executive Vice President, General Counsel and Corporate Secretary of Conagra Brands (CAG), had 5,481 restricted stock units (RSUs) convert into shares on July 24, 2026. The filing shows 5,481 shares acquired (conversion of a derivative/RSU) and 2,429 shares withheld to satisfy tax withholding at $14.77 per share (total withheld ≈ $35,876). After withholding, Carey retained about 3,052 shares from the vesting (5,481 − 2,429). The acquired RSUs are reported at $0.00 since they were awarded, not purchased.
• The Form 4 was filed on July 28, 2026 — one business day late relative to the July 24 transaction (filing timeliness indicated as late).

Key Details

• Transaction date: July 24, 2026; Form 4 filed July 28, 2026 (filed late).
• RSUs converted: 5,481 shares acquired (code M: exercise/conversion of derivative).
• Shares withheld for taxes: 2,429 shares at $14.77 per share, totaling $35,876 (code F: tax withholding).
• Implied gross value of the vested shares ≈ $80,955 (5,481 × $14.77); net value retained ≈ $45,079 (3,052 × $14.77) — based on the per-share figure used for withholding.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes:
  • F1: RSUs were granted July 24, 2024, vesting 33.33% on 7/24/2025 and 7/24/2026 and 33.34% on 7/24/2027; each RSU converts to one common share on vesting.
  • F2: The 2,429-share disposition reflects shares withheld to satisfy tax withholding.

Context

• This was a routine RSU vesting and tax-withholding settlement — not an open-market sale or purchase. Withholding to cover taxes is common and does not necessarily indicate a trading view by the insider.
• For retail investors: RSU vesting means the insider received stock compensation; the withholding simply covers tax obligations and reduces the number of shares delivered to the insider.