Conagra Brands (CAG) exec converts 5,481 RSUs, withholds shares for tax
Rhea-AI Filing Summary
Brock Charisse, EVP and Chief HR Officer of Conagra Brands, reported the vesting and settlement of 5,481 restricted stock units into an equal number of common shares on July 24, 2026. Of these, 2,429 shares were withheld at $14.77 per share to satisfy tax obligations.
The RSUs were granted on July 24, 2024 and are scheduled to vest 33.33% on July 24, 2025 and July 24, 2026, and 33.34% on July 24, 2027.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 3,052 shares
Net Buy
3 txns
Insider
Brock Charisse
Role
EVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 5,481 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,481 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 2,429 | $14.77 | $36K |
Holdings After Transaction:
Restricted Stock Units — 5,481 shares (Direct);
Common Stock — 189,060 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 settled into common stock: 5,481 shares
Shares withheld for taxes: 2,429 shares
Tax withholding price: $14.77 per share
+2 more
5 metrics
RSUs settled into common stock
5,481 shares
Restricted stock units converting to common stock on July 24, 2026
Shares withheld for taxes
2,429 shares
Common shares withheld to cover tax obligations at vesting
Tax withholding price
$14.77 per share
Price applied to shares withheld for tax liability (code F transaction)
RSU grant date
July 24, 2024
Grant date of the restricted stock units that vest in three tranches
RSU vesting tranches
33.33%, 33.33%, 33.34%
Scheduled vesting on July 24, 2025, July 24, 2026, and July 24, 2027
Key Terms
Restricted Stock Units, derivative security, Payment of tax liability by delivering or withholding securities
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.
derivative security financial
"Transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Payment of tax liability by delivering or withholding securities financial
"Transaction code F: Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Conagra Brands (CAG) report for Brock Charisse?
Conagra Brands reported that EVP and Chief HR Officer Brock Charisse had 5,481 restricted stock units vest and settle into an equal number of common shares on July 24, 2026, from an equity grant originally made on July 24, 2024.
What is the vesting schedule of Brock Charisse's RSUs disclosed by CAG?
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 Conagra common stock when it vests.
Does this Conagra Brands (CAG) Form 4 show open-market buying or selling?
No open-market purchases or sales are reported. The Form 4 reflects RSU vesting into 5,481 common shares and a related tax-withholding disposition of 2,429 shares, rather than discretionary trading in Conagra Brands stock.
Was Brock Charisse’s Conagra Brands (CAG) transaction under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked, indicating these transactions were not affirmatively reported as executed under a Rule 10b5-1 trading plan. The activity instead stems from the scheduled vesting of restricted stock units.