Conagra director granted 1,629.42 deferred shares

Conagra director Ruth Ann Marshall received a deferred stock-based fee award and now reports over 228,000 direct Plan shares plus additional indirect holdings in a Living Trust.

Rhea-AI Filing Summary

CONAGRA BRANDS INC. (CAG) director Ruth Ann Marshall reported an acquisition of deferred equity on September 1, 2026. She received the right to receive 1,629.42 shares of common stock in connection with her director fees, which have been deferred under the company’s Directors' Deferred Compensation Plan. These shares will be distributed to her later in line with her Plan election, and deferred amounts may not be transferred until that specified time. Following this award and prior dividend-equivalent accruals, she now holds 228,914.44 shares directly under the Plan, including 5,749.53 shares acquired since her last report through the Plan’s dividend equivalent reinvestment feature, plus 4,116.49 shares held indirectly in a Living Trust, which includes 88.54 shares acquired through dividend reinvestment since her last report.

Insider Trade Summary

Grant/Award: 1,629.42 shares

Grant/Award 2 txns

Insider MARSHALL RUTH ANN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	1,629.42	$16.11	$26K
holding	Common Stock F3	--	--	--

Holdings After Transaction: Common Stock — 228,914.44 shares (Direct); Common Stock — 4,116.49 shares (Indirect, Living Trust)

Footnotes (3)

1. F1. Represents the right to receive 1,629.42 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.
2. F2. Includes 5,749.53 shares acquired since the date of the Reporting Person's last report through a dividend equivalent reinvestment feature under the Plan.
3. F3. Includes 88.54 shares acquired through dividend reinvestment since the date of the Reporting Person's last report.

Key Figures

Deferred stock award: 1,629.42 shares Award reference price per share: $16.11 per share Direct holdings after transaction: 228,914.44 shares +3 more

6 metrics

Deferred stock award 1,629.42 shares Right to receive shares for director fees deferred as of September 1, 2026

Award reference price per share $16.11 per share Reference price for the 1,629.42-share deferred award on September 1, 2026

Direct holdings after transaction 228,914.44 shares Direct Conagra common stock reported following the September 1, 2026 award

Dividend-equivalent reinvestment under Plan 5,749.53 shares Shares acquired since last report via dividend equivalent reinvestment feature of the Plan

Indirect Living Trust holdings 4,116.49 shares Conagra common stock held indirectly in a Living Trust after the reported date

Dividend reinvestment in Living Trust 88.54 shares Shares acquired through dividend reinvestment in the Living Trust since last report

Key Terms

Directors' Deferred Compensation Plan, dividend equivalent reinvestment feature, Living Trust, deferred amounts

4 terms

Directors' Deferred Compensation Plan financial

"deferred under the Issuer's Directors' Deferred Compensation Plan"

dividend equivalent reinvestment feature financial

"through a dividend equivalent reinvestment feature under the Plan"

Living Trust financial

"total shares following transaction ... Indirect ownership: Living Trust"

deferred amounts financial

"deferred amounts may not be transferred from the Plan"

FAQ

What equity award did Conagra (CAG) director Ruth Ann Marshall report on this Form 4?

She reported a grant of the right to receive 1,629.42 shares of Conagra common stock, representing deferred director fees credited under the company’s Directors' Deferred Compensation Plan, with distribution to occur according to her existing Plan election.

How many Conagra (CAG) shares does Ruth Ann Marshall hold directly after this transaction?

After the reported award, she holds 228,914.44 shares of Conagra common stock directly under the Directors' Deferred Compensation Plan, including 5,749.53 shares accumulated since her last report through the Plan’s dividend equivalent reinvestment feature.

What are Ruth Ann Marshall’s indirect holdings of Conagra (CAG) stock?

She reports 4,116.49 shares of Conagra common stock held indirectly through a Living Trust. This amount includes 88.54 shares that were acquired through dividend reinvestment since the date of her previous ownership report.

Were the new Conagra (CAG) shares immediately transferable to Ruth Ann Marshall?

No. The filing states that the award represents the right to receive 1,629.42 shares under the Directors' Deferred Compensation Plan and that deferred amounts may not be transferred from the Plan until the time specified in her Plan election.

Does this Form 4 indicate any sale of Conagra (CAG) shares by Ruth Ann Marshall?

No. The filing reports a grant or other acquisition of rights to receive shares and updates to direct and indirect holdings, with no sales or dispositions of Conagra common stock indicated in the transaction summary.

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Available on EDGAR 09/03/2026 - 04:58 PM Accepted by SEC EDGAR 09/03/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MARSHALL RUTH ANN

(Last) (First) (Middle)

C/O CONAGRA BRANDS, INC.

222 W. MERCHANDISE MART PLAZA, STE. 1300

(Street)

CHICAGO ILLINOIS 60654

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CONAGRA BRANDS INC. [ CAG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/01/2026		A		1,629.42(1)	A	$16.11	228,914.44(2)	D
Common Stock								4,116.49(3)	I	Living Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the right to receive 1,629.42 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.

2. Includes 5,749.53 shares acquired since the date of the Reporting Person's last report through a dividend equivalent reinvestment feature under the Plan.

3. Includes 88.54 shares acquired through dividend reinvestment since the date of the Reporting Person's last report.

	/s/ McLaurin Files, Attorney-in-Fact	09/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)