CAG Insider Filing: Marshall Ruth Ann Acquires 1,664.89 Shares via Deferred Plan
Rhea-AI Filing Summary
Marshall Ruth Ann, a director of Conagra Brands, reported a Form 4 disclosing deferred-compensation share accruals and dividend reinvestments. On 09/02/2025 she was deemed to acquire 1,664.89 shares of Conagra common stock at a price of $18.77 in connection with director fees deferred under the company’s Directors' Deferred Compensation Plan. Following the transaction she beneficially owned 195,522.54 shares total. The filing also reports 3,906.59 shares held indirectly in a living trust and notes that 3,407.49 shares came from dividend-equivalent reinvestment under the Plan and 58.23 shares from dividend reinvestment since the last report.
Positive
- Director converted deferred compensation into equity, aligning interests with shareholders by acquiring 1,664.89 shares
- Significant aggregate ownership disclosed: 195,522.54 shares beneficially owned, providing clarity on insider holdings
- Dividend-equivalent reinvestment contributed materially (3,407.49 shares) to ownership under the Plan
Negative
- None.
Insights
TL;DR: Routine director deferred-compensation conversion and dividend reinvestments; no sale or unexpected change reported.
The Form 4 discloses a non-sale acquisition under a directors' deferred compensation arrangement, converting deferred fees into 1,664.89 shares at $18.77. The report is consistent with standard director compensation mechanics rather than open-market purchases, and shows substantial aggregate ownership (195,522.54 shares) including indirect holdings. For investors this is a disclosure of ownership composition, not a liquidity event or executive stock sale.
TL;DR: Disclosure documents director compensation settlement and dividend reinvestment; governance implications are routine.
The filing documents deferred-fee settlement into common stock under the Issuer's Directors' Deferred Compensation Plan and reports dividend-equivalent reinvestments. The presence of indirect holdings via a living trust is properly disclosed. The filing is procedural and aligns with expected governance practices for director compensation reporting; it contains no indication of irregular governance actions or control changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,664.89 | $18.77 | $31K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the right to receive 1,664.89 shares of the Issuer's common stock in connection with the payment of the Reporting Person's director's fees, which fees have been deferred under the Issuer's Directors' Deferred Compensation Plan (the "Plan"). These shares will be distributed to the Reporting Person in accordance with her election under the Plan; deferred amounts may not be transferred from the Plan until the time specified in her election. Includes 3,407.49 shares acquired since the date of the Reporting Person's last report through a dividend equivalent reinvestment feature under the Plan. Includes 58.23 shares acquired through dividend reinvestment since the date of the Reporting Person's last report.
