Conagra Brands Form 4: Insider Ownership Rises via Routine RSU Vesting
Rhea-AI Filing Summary
Conagra Brands (CAG) Form 4 – EVP & Chief Supply Chain Officer Alexandre Eboli reported routine equity activity dated 07/24/2025.
- Acquisition: 10,962 common shares received upon partial vesting of previously granted restricted stock units (RSUs). The RSUs were granted 07/24/2024 and vest in three equal tranches through 2027. No cash was paid (code A, price $0).
- Disposition: 6,913 shares automatically withheld to cover taxes at an average price of $19.30 (code F).
- Net change: Direct ownership rises by 4,049 shares to 56,820 shares.
- Derivative position: 10,962 RSUs converted to stock (code M); 21,925 RSUs remain outstanding.
The filing neither signals open-market buying nor selling; it reflects scheduled vesting under the company’s long-term incentive plan. No other material events, earnings data, or strategic information are disclosed.
Positive
- None.
Negative
- None.
Insights
TL;DR – Routine RSU vesting; neutral market impact.
This Form 4 shows standard compensation mechanics rather than discretionary insider trading. Eboli’s direct stake increases modestly (<1% of daily volume) to 56.8k shares, while 6.9k shares were withheld for taxes, a common practice. Remaining 21.9k unvested RSUs keep the executive aligned with shareholder interests but do not alter the investment thesis. No strategic insights on operations, margins, or guidance are provided, so the filing is not impactful for valuation models.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,962 | $0.00 | -- |
| Grant/Award | Common Stock | 10,962 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,913 | $19.30 | $133K |
Footnotes (1)
- The restricted stock units were granted on July 24, 2024 and vested 33.33% on 7/24/2025 and will vest 33.33% on 7/24/2026, and 33.34% on 7/24/2027. Each RSU represents the contingent right to receive one share of the Issuer's common stock on the vesting date. Shares withheld for taxes.