Napier Melissa C. 4
4 · CONAGRA BRANDS INC. · Filed Jul 21, 2026
Research Summary
AI-generated summary of this filing
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
Napier Melissa C.
SVP, Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-07-17+3,940→ 3,940 total - Tax Payment
Common Stock
[F2]2026-07-17$14.28/sh−1,746$24,933→ 2,194 total - Exercise/Conversion
Common Stock
[F3]2026-07-19+2,388→ 4,582 total - Tax Payment
Common Stock
[F2]2026-07-19$14.28/sh−1,185$16,922→ 3,397 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-07-17−3,940→ 7,880 total→ Common Stock (3,940 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-07-19−2,388→ 0 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