Conagra (NYSE: CAG) director receives 32,888-share stock unit award

Rhea-AI Filing Summary

LENNY RICHARD H reported acquisition or exercise transactions in this Form 4 filing.

Conagra Brands director Richard H. Lenny received an equity award in the form of 32,888 restricted stock units (RSUs). These units are a contingent right to receive an equal number of common shares on June 1, 2027, or earlier upon certain events, and were granted at no cash cost per share.

After this grant and related activity, his direct holdings total 263,895.14 shares of Conagra common stock, which include 551.76 shares accumulated through a dividend equivalent reinvestment feature under the company’s Directors’ Deferred Compensation Plan since his last report.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LENNY RICHARD H

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	32,888	$0.00	--

Holdings After Transaction: Common Stock — 263,895.14 shares (Direct, null)

Footnotes (1)

1. 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. Includes 551.76 shares acquired through a dividend equivalent reinvestment feature under the Issuer's Directors' Deferred Compensation Plan since the date of the Reporting Person's last report.

Key Figures

RSU grant size: 32,888 units Grant price per share: $0.00 per share Shares after transaction: 263,895.14 shares +2 more

5 metrics

RSU grant size 32,888 units Restricted stock units granted to director on 2026-06-01

Grant price per share $0.00 per share Stated transaction price for RSU award

Shares after transaction 263,895.14 shares Director’s direct holdings following the grant

Dividend reinvestment shares 551.76 shares Accumulated via dividend equivalent reinvestment since last report

RSU settlement date June 1, 2027 Scheduled date when each RSU converts to one share

Key Terms

Restricted stock unit, dividend equivalent reinvestment feature, Directors' Deferred Compensation Plan

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..."

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.

dividend equivalent reinvestment feature financial

"Includes 551.76 shares acquired through a dividend equivalent reinvestment feature under the Issuer's Directors' Deferred Compensation Plan..."

Directors' Deferred Compensation Plan financial

"Includes 551.76 shares acquired through a dividend equivalent reinvestment feature under the Issuer's Directors' Deferred Compensation Plan..."

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Form 4 Insider Transactions: What Each Field Means →

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^*

LENNY RICHARD H

(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)
06/01/2026

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(1)	06/01/2026		A		32,888	A	(1)	263,895.14(2)	D

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. 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.

2. Includes 551.76 shares acquired through a dividend equivalent reinvestment feature under the Issuer's Directors' Deferred Compensation Plan since the date of the Reporting Person's last report.

	/s/ McLaurin Files, Attorney-in-Fact	06/03/2026
	** 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)

FAQ

What did Conagra Brands (CAG) director Richard H. Lenny report on this Form 4?

He reported receiving 32,888 restricted stock units as an equity award. Each unit represents a contingent right to one share of Conagra common stock, increasing his direct holdings to 263,895.14 shares after this transaction and related dividend reinvestment activity.

Is the Conagra Brands (CAG) Form 4 transaction a stock purchase or a grant?

The transaction is a grant, not an open-market purchase. Director Richard H. Lenny received 32,888 restricted stock units at a stated price of $0.00 per share, reflecting compensation rather than a cash investment in Conagra stock.

When do Richard H. Lenny’s Conagra (CAG) restricted stock units vest or settle?

Each restricted stock unit is a contingent right to receive one Conagra common share on June 1, 2027. The award may also settle earlier upon certain specified events, as described in the accompanying footnote to the Form 4 filing.

How many Conagra (CAG) shares does Richard H. Lenny hold after this Form 4 transaction?

Following the reported grant, Richard H. Lenny directly holds 263,895.14 shares of Conagra common stock. This total includes 551.76 shares accumulated through a dividend equivalent reinvestment feature under the company’s Directors’ Deferred Compensation Plan since his previous report.

What is the dividend equivalent reinvestment feature mentioned in the Conagra (CAG) Form 4?

The filing notes 551.76 shares were acquired through a dividend equivalent reinvestment feature. Under this plan, cash dividends linked to deferred director compensation are reinvested in Conagra stock, increasing the director’s share balance over time automatically.