CONAGRA BRANDS INC.·4

Jul 21, 6:05 PM ET

Napier Melissa C. 4

4 · CONAGRA BRANDS INC. · Filed Jul 21, 2026

Research Summary

AI-generated summary of this filing

Updated

Conagra (CAG) SVP Melissa Napier Receives RSUs, Withholds Shares for Taxes

What Happened

  • Melissa C. Napier, SVP & Corporate Controller at Conagra Brands (CAG), had RSUs vest on July 17 and July 19, 2026 and received a total of 6,328 shares. The company withheld 2,931 shares to cover tax liabilities (cashless withholding) valued at about $41,855 (1,746 × $14.28 = $24,933; 1,185 × $14.28 = $16,922). After withholding, Napier retained approximately 3,397 shares. The RSU-to-share conversions are reported as derivative exercises (code M) with tax withholding reported as dispositions (code F).

Key Details

  • Transaction dates: July 17, 2026 (3,940 RSUs vested) and July 19, 2026 (2,388 RSUs vested).
  • Withheld for taxes: 1,746 shares (7/17) and 1,185 shares (7/19) at $14.28/share; total withheld value ≈ $41,855.
  • Gross value of vested shares (using $14.28/share): ≈ $90,364; net value of shares retained ≈ $48,509.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 — RSUs from July 17, 2025 grant (33.33% vested 7/17/26); F3 — RSUs from July 19, 2023 grant (final tranche vested 7/19/26); F2 — shares withheld for taxes.
  • Filing timeliness: Form 4 filed July 21, 2026; this is within the standard 2-business-day reporting window for the July 17 and July 19 vesting dates.

Context

  • These transactions are a routine conversion of vested restricted stock units (RSUs) into common shares, followed by share withholding to satisfy tax obligations (a cashless withholding), not an open-market sale or purchase. Such vesting/withholding events are administrative and do not necessarily signal a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-07-17
Napier Melissa C.
SVP, Corporate Controller
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-07-17+3,9403,940 total
  • Tax Payment

    Common Stock

    [F2]
    2026-07-17$14.28/sh1,746$24,9332,194 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-07-19+2,3884,582 total
  • Tax Payment

    Common Stock

    [F2]
    2026-07-19$14.28/sh1,185$16,9223,397 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-07-173,9407,880 total
    Common Stock (3,940 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-07-192,3880 total
    Common Stock (2,388 underlying)
Footnotes (3)
  • [F1]The restricted stock units ("RSUs") were granted on July 17, 2025, and vested 33.33% on July 17, 2026, and will vest 33.3% on July 17, 2027 and 33.34% on July 17, 2028. Each RSU represents the contingent right to receive one share of the Issuer's common stock on the vesting date.
  • [F2]Shares withheld for taxes.
  • [F3]The restricted stock units ("RSUs") were granted on July 19, 2023 and vested 33.33% on each of July 19, 2024 and July 19, 2025, and vested 33.34% on July 19, 2026. Each RSU represented the contingent right to receive one share of the Issuer's common stock on the vesting date.
Signature
/s/ McLaurin Files, Attorney-in-Fact|2026-07-21

Documents

1 file
  • 4
    form4-07212026_100752.xmlPrimary