Conagra Brands (NYSE: CAG) COO receives stock as RSUs vest, with shares withheld for tax
Rhea-AI Filing Summary
Conagra Brands executive Thomas M. McGough, EVP & COO, reported the vesting and conversion of 11,419 restricted stock units into an equal number of common shares on July 24, 2026. To satisfy tax withholding, 3,346 shares of common stock were withheld at $14.77 per share. He also reports indirect holdings of 111,303 shares held by a trust and 400 shares held by his wife.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 8,073 shares
Net Buy
5 txns
Insider
McGough Thomas M
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 11,419 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 11,419 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 3,346 | $14.77 | $49K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 11,419 shares (Direct);
Common Stock — 271,966.67 shares (Direct);
Common Stock — 111,303 shares (Indirect, By trust);
Common Stock — 400 shares (Indirect, By wife)
Footnotes (2)
- F1. The restricted stock units were granted on July 24, 2024, and vested 33.33% on each of July 24, 2025, and July 24, 2026, and will vest 33.34% on July 24, 2027. 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.
Key Figures
RSUs converted to common stock: 11,419 shares
Shares withheld for taxes: 3,346 shares
Tax withholding share price: $14.7700 per share
+2 more
5 metrics
RSUs converted to common stock
11,419 shares
Restricted stock units vesting into common stock on July 24, 2026
Shares withheld for taxes
3,346 shares
Common shares withheld to satisfy tax liability on July 24, 2026
Tax withholding share price
$14.7700 per share
Per-share value used for the tax-withholding transaction coded F
Indirect holding by trust
111,303 shares
Common stock reported as indirectly owned "By trust" after transactions
Indirect holding by spouse
400 shares
Common stock reported as indirectly owned "By wife" after transactions
Key Terms
Restricted Stock Units, contingent right, tax liability
3 terms
Restricted Stock Units financial
"The restricted stock units were granted on July 24, 2024, and vested 33.33%..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents the contingent right to receive one share of the Issuer's common stock..."
tax liability financial
"Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did Thomas M. McGough report for CAG?
Thomas M. McGough reported the vesting and conversion of 11,419 restricted stock units into common stock. On the same date, 3,346 shares of common stock were withheld to cover tax liabilities associated with this equity award vesting event.
What does the RSU vesting mean in Thomas McGough’s CAG filing?
Previously granted restricted stock units vested so that 11,419 RSUs became an equal number of Conagra Brands common shares. Each RSU represents the contingent right to receive one share of common stock when the specified vesting date is reached.
What indirect Conagra Brands (CAG) holdings does McGough report?
Thomas M. McGough reports indirect ownership of 111,303 shares of Conagra Brands common stock held by a trust and an additional 400 shares held by his wife. These positions are reported as indirect rather than directly held shares.
Was Thomas McGough’s CAG Form 4 filed under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox in the Form 4 is not marked as affirmative, and the notes do not reference a trading plan. The reported equity transactions instead reflect RSU vesting and related tax withholding mechanics.