Conagra (NYSE: CAG) director receives 12,869 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mulligan John J reported acquisition or exercise transactions in this Form 4 filing.
CONAGRA BRANDS INC. director John J. Mulligan received an equity grant of 12,869 shares of Common Stock as a compensation award. The grant is structured as restricted stock units, each representing a contingent right to receive one share of common stock on June 1, 2027, or earlier upon certain events. Following this award, Mulligan directly holds 33,597 shares of Conagra common stock. The award was granted at no cash purchase price, reflecting standard non-cash director compensation rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mulligan John J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,869 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,597 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 12,869 shares
Post-transaction holdings: 33,597 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSU grant size
12,869 shares
Restricted stock unit award to director on June 1, 2026
Post-transaction holdings
33,597 shares
Director John J. Mulligan direct ownership after grant
Grant price
$0.00 per share
Equity award granted as non-cash compensation
RSU settlement date
June 1, 2027
Date each restricted stock unit converts into one share
Key Terms
Restricted stock unit, contingent right, common stock
3 terms
Restricted stock unit financial
"Each Restricted stock unit represents a contingent right to receive one share of the Issuer's common stock on June 1, 2027, or earlier upon certain events."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each Restricted stock unit represents a contingent right to receive one share of the Issuer's common stock on June 1, 2027, or earlier upon certain events."
common stock financial
"Each Restricted stock unit represents a contingent right to receive one share of the Issuer's common stock on June 1, 2027, or earlier upon certain events."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Conagra Brands (CAG) report for John J. Mulligan?
Conagra Brands reported that director John J. Mulligan received a grant of 12,869 restricted stock units as equity compensation. These units will convert into common shares at a future vesting date.
What are the terms of the 12,869 restricted stock units granted at Conagra (CAG)?
Each of the 12,869 restricted stock units represents a contingent right to receive one share of Conagra common stock on June 1, 2027, or earlier upon certain events. The award carries no cash exercise price.
Was the Conagra (CAG) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale. John J. Mulligan received 12,869 shares as a grant or award of restricted stock units, a form of non-cash equity compensation granted at a zero price per share.
What does the June 1, 2027 date mean for Conagra (CAG) restricted stock units?
The June 1, 2027 date is when each restricted stock unit is scheduled to convert into one share of Conagra common stock, unless certain earlier events occur. It effectively serves as the main vesting or settlement date.