Conagra Brands (NYSE: CAG) CFO converts RSUs, withholds stock for taxes
Rhea-AI Filing Summary
Conagra Brands EVP and CFO David S. Marberger exercised 11,419 restricted stock units on July 24, 2026, converting them into an equal number of shares of common stock under a July 24, 2024 grant that vests in three annual tranches. A separate transaction withheld 5,059 shares of common stock at $14.77 per share to satisfy tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,360 shares
Net Buy
3 txns
Insider
MARBERGER DAVID S
Role
EVP and CFO
| 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 | 5,059 | $14.77 | $75K |
Holdings After Transaction:
Restricted Stock Units — 11,419 shares (Direct);
Common Stock — 359,322 shares (Direct)
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 exercised: 11,419 units
Common shares received: 11,419 shares
Shares withheld for taxes: 5,059 shares
+4 more
7 metrics
RSUs exercised
11,419 units
Restricted stock units converted into common stock on July 24, 2026
Common shares received
11,419 shares
Shares of common stock issued upon RSU conversion on July 24, 2026
Shares withheld for taxes
5,059 shares
Common stock withheld to satisfy tax liability at vesting
Tax withholding price
$14.7700 per share
Price used for shares withheld for taxes in code F transaction
RSU vesting tranche 1
33.33%
Vests on July 24, 2025 from July 24, 2024 RSU grant
RSU vesting tranche 2
33.33%
Vests on July 24, 2026 from July 24, 2024 RSU grant
RSU vesting tranche 3
33.34%
Vests on July 24, 2027 from July 24, 2024 RSU grant
Key Terms
Restricted Stock Units, vesting date, payment of tax liability by delivering or withholding securities, contingent right to receive one share
4 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.
vesting date financial
"Each RSU represents the contingent right to receive one share of the Issuer's common stock on the vesting date"
payment of tax liability by delivering or withholding securities financial
"Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Conagra Brands (CAG) CFO David S. Marberger report in this Form 4?
David S. Marberger reported exercising 11,419 restricted stock units into common stock and a related withholding of 5,059 shares at $14.77 per share to cover taxes, reflecting vesting of part of a 2024 restricted stock unit award.
How many Conagra (CAG) restricted stock units did the CFO convert to common stock?
The CFO converted 11,419 restricted stock units into an equal number of shares of Conagra common stock on July 24, 2026, as part of a restricted stock unit award originally granted on July 24, 2024 with scheduled annual vesting tranches.
What is the vesting schedule of the Conagra (CAG) RSUs reported by the CFO?
The restricted stock units were granted on July 24, 2024 and vest 33.33% on July 24, 2025, 33.33% on July 24, 2026, and 33.34% on July 24, 2027. Each RSU delivers one share of common stock on its vesting date.